12 Garnet Way Fredericksburg, VA 22405
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About this home
Back active at no fault of the Sellers or the home! Just five minutes from the VRE and I-95, 12 Garnet Way is a beautifully updated home that shines with curb appeal and surprises at every turn—including a backyard retreat you truly have to see to believe. Offering nearly 3,400 square feet of living space, this like-new residence features spacious bedrooms with hardwood floors, 3.5 baths, and a versatile bonus room (could be 4th bedroom not to code) in the finished basement - perfect for guests, a gym, or home office. It is nestled in the quaint and convenient Cambridge Crossing community in Stafford County, which boasts approximately 30 residences and is minutes from it all! With this location, multiple schools are within a five-minute drive, two I-95 exits are within 10 minutes (Centreport Pkwy. and Route 17), the Leeland Road VRE station is five minutes east, and the heart of Downtown Fredericksburg is within 10 minutes south. Wow! Zooming in on the beautiful and private lot, an asphalt driveway segues to the full sized two- car garage. The curb appeal is stunning, with two big oak trees out front, holly bushes, boxwoods, daylilies and more adding a colorful pop. Out back, your lush, fenced yard awaits with a delightful mix of maple, birch and decorative cherry trees. The Trex deck is the back yard’s undeniable anchor, which includes a pergola with bench seating. For additional lounging, there are two stamped concrete areas. There is a storage building out back for housing all your lawn equipment, too! The home itself boasts a brick front façade, off-white siding and a black front door and shutters. The roof is brand new and fully warranted! Heading inside, the hardwood flooring gleams as tasteful crown molding and wainscoting accents abound. Main level features include the carpeted formal living/dining room combo; a half bath; carpeted family room with gas fireplace; and the updated kitchen. The kitchen includes a granite island and counters, stainless steel appliances (double oven and new fridge!), a corner sink with big windows, above-island pot rack, tile backsplash, one year-old garbage disposal and dark wood cabinets. Off the kitchen is a breakfast area with sliding glass door access to the deck. Upstairs are three bedrooms and two full baths, inclusive of the totally decked out primary suite, and a fabulous loft/office! The expansive primary suite includes tray ceilings, a see-through fireplace (absolutely awesome!), sitting area, walk-in closet and ensuite bath with a walk-in shower, tile-surrounded tub and two sinks. The final full bath includes a tub/shower combo and single sink. Of the additional two bedrooms, one has a walk-in closet with a window in it! Rounding out the upper level is the laundry room with machinery hook-up. The basement here shines with newer LVP flooring, a full bath and multiple storage rooms (which may easily be a bedroom!). Utility-wise, the HVAC system has been regularly maintained, and a new 80-gallon hot water heater was installed two years ago. With updates, convenience and total charm inside and out, 12 Garnet Way is beyond move-in ready!
Source: BRIGHT #VAST2040938
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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.
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