11690 Generation Ct Reston, VA 20191
Your savings
About this home
Welcome to 11690 Generation Court: A Synthesis of Comfort and Modern Elegance. Nestled amidst serene natural backdrops, this interior unit breathes comfort and sophistication. Recently renovated from top to bottom, it offers an irresistible invitation to a ready-to-enjoy lifestyle. Here’s what makes this home the definitive choice for discerning homeowners: Main Level Brilliance: - Expansive living room, seamlessly transitioning to a private deck with tranquil woodland views. - State-of-the-art kitchen, showcasing quartz countertops, a striking backsplash, and high-caliber stainless-steel appliances. - An inviting open-plan dining space and living room with recessed lighting, complemented by grand sliding door to deck with charming back yard. - Welcoming foyer equipped with a commodious coat closet. - Stylishly updated powder room for guest convenience. - Newly installed luxury vinyl plank flooring, enhancing both the aesthetic and durability Upper-Level Tranquility: - Comprises three well-appointed bedrooms and two pristine bathrooms. - The master suite, a true retreat with recess lighting, features dual spacious closets and an en-suite with a contemporary, ceramic-tiled shower. - Additional full bathroom boasting a fresh renovation, complete with a tiled shower and tub combination. Bonus Lower-Level Leisure: - Delight in the generous, carpeted walkout basement. - Includes an upgraded half bath for optimal convenience. - The charm of a traditional wood-burning fireplace establishes this space as the ultimate haven for recreation and social gatherings with loved ones. Key Highlights: - Comprehensive interior renovation. - Luxury Vinyl Plank (LVP) flooring across the main floor. - Enhanced living spaces with ample natural light. Embrace the opportunity to inhabit this harmonious blend of luxury and comfort. 11690 Generation Court isn’t just a residence: it’s the backdrop to your future cherished memories.
Source: BRIGHT #VAFX2267122
Loan details
Neighborhood
FAQs
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.