46912 Foxstone Pl, Sterling, VA 20165
4 beds · 4 baths · 3,315 sqft
Nestled on a quiet cul-de-sac in the highly desirable Potomac Lakes community and offering plenty of living space, everything about this gorgeous 4 bedroom, 3.5 bath Colonial just dazzles! A stately brick facade, 2-car garage, sundeck, vibrant landscaping, an open floor plan, high ceilings, spacious room sizes, and an abundance of windows are only some of the features that make this home so special. A top-of-the-line upgraded kitchen, gleaming hardwood flooring, and decorative moldings demonstrate expert craftsmanship; while fresh neutral designer paint, new carpet, upgraded baths, and recent updates including roof, windows, siding, brand new hot water heater, and more make it move in ready! ****** An inviting foyer welcomes you as gleaming hardwood flooring flows into the living room on the right where twin windows fill the space with natural light illuminating crisp crown molding and a neutral color palette. The adjoining dining room echoes these details, while chair railing and a glass shaded chandelier provides a distinctly tailored feel. The gourmet kitchen serves up a feast for the eyes with gleaming granite countertops, an abundance of 42” custom cabinetry, a butler’s serving station with wine rack and prep sink, and quality stainless steel appliances including double wall ovens. A large center island with gas cooktop provides an additional working surface and bar seating, while hardwood floors spill into the sun-drenched breakfast area that is ideal for daily dining. The sunken family room features a floor to ceiling gas fireplace and a wall of windows. Here, a glass paned door grants access to the deck with stairs descending to landscaped backyard encircled privacy plantings—seamlessly blending indoor and outdoor living. Back inside, a library that makes a perfect home office, a powder room, and a laundry room with utility sink round out the main level. ****** Upstairs, the gracious primary suite boasts a soaring cathedral ceiling, contemporary lighted ceiling fan, plush carpeting, walk-in closet, and a beautifully updated ensuite bath with granite topped dual rectangular sink vanity, soaking tub, glass-enclosed shower. Down the hall, three additional bedrooms, each with new carpeting, share the well-appointed hall bath with a granite topped vanity and tub/shower. ****** It’s all fun and games in the expansive multi-purpose rec room with plenty of space for games, media, and simple relaxation. A versatile den/bonus room and another full bath make a great guest suite, while a large unfinished area provides loads of storage space and room to expand completing the comfort and convenience of this wonderful home. ****** All this and more in the beautiful Potomac Lakes community and conveniently located just minutes from Route 7 and the Dulles Town Center where plenty of shopping, dining, and entertainment experiences are right at your fingertips! Take advantage of fabulous neighborhood amenities including outdoor pools, community center, jog/walking trails, multiple sports courts including basketball and tennis, tot lots, picnic area, soccer field, and so much more! If you’re looking for an exceptional home built with grand style, beautiful design, and ultimate quality then you have found it!
Source: BRIGHT #VALO2087154
Financials
Source: Public records
Source: BRIGHT #VALO2087154
To qualify, you must meet the current FHA or VA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50%. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
What is Roam?
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
What is an assumable mortgage?
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
Why is an assumable mortgage valuable?
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
How can you find assumable mortgage listings?
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Get Notified” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
How do I qualify for an assumable mortgage?
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.