9920 Post Oak Rd, Spotsylvania, VA 22551
6 beds · 5 baths · 5,687 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to this exquisite Colonial-style residence, a true gem nestled on a sprawling 5.31-acre lot. Built in 2000, this detached home boasts a generous total finished area of 5,592 square feet, providing ample space for both relaxation and entertainment. The property is in very good condition, showcasing a harmonious blend of classic architectural elements and modern conveniences. As you step inside, you are greeted by a warm and inviting atmosphere, accentuated by elegant features such as crown moldings and chair railings. The interior is adorned with a variety of flooring options, including plush carpeting, sleek ceramic tile, and rich hardwood, ensuring both comfort and style throughout the home. The thoughtfully designed layout includes six spacious bedrooms and four and a half bathrooms, catering to the needs of any household. The heart of the home is the expansive kitchen, which features a breakfast area and ample table space, perfect for casual dining. Equipped with high-quality appliances, including a built-in microwave, electric oven/range, dishwasher, and refrigerator, this kitchen is a culinary enthusiast's dream. A pantry provides additional storage, ensuring that all your cooking essentials are within easy reach. The adjoining family room, complete with a cozy fireplace, creates an ideal setting for gatherings and relaxation. Retreat to the luxurious primary suite, which includes a walk-in closet and a well-appointed primary bath featuring a soaking tub, walk-in shower, and dual vanities. Each bathroom in the home is designed with comfort in mind, offering modern fixtures and thoughtful layouts. Outdoor living is equally impressive, with multiple decks and porches that invite you to enjoy the serene surroundings. The attached front-entry garage accommodates two vehicles, providing convenience and security. This property is not just a home; it is a lifestyle. With its expansive lot, elegant interiors, and modern amenities, it offers a unique opportunity for those seeking a tranquil yet sophisticated living experience. Don’t miss the chance to make this remarkable residence your own. Schedule a viewing today and discover the perfect blend of comfort, style, and functionality that awaits you. NEW ROOF IN 2024, FIRST AND 2ND FLOOR PRIMARY SUITES, SPA SHOWER in Lower Level,HVAC UPDATED, NEWER CARPET & PAINT., ELECTRIC Car PLUG in GARAGE, CONVENIENT TO SHOPPING, LAKE ANNA, AND SCHOOLS
Source: BRIGHT #VASP2031190
All values shown are estimated costs / mo.
Source: Public records
Source: BRIGHT #VASP2031190
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.
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.
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.
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.
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 “Save search” 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.
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 620, 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.