17009 Bold Venture Dr Leesburg, VA 20176
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About this home
You’ll never be off season as your private indoor basketball court entertains and trains, all within your distinguished custom colonial by Garrett Homes. Welcoming from 3.31 acres of breathtaking landscaped privacy, your estate within prestigious Beacon Hill boasts over 8,700 square feet of airy open floorplan featuring rustic hardwoods, custom archways, soaring windows, and six housewarming fireplaces. While the multiple levels of your outdoor entertainer’s patio leads to a fall-perfect fireside oasis, inside, you’ll complete recipes in a gourmet kitchen outfitted with a sprawling gathering island, gorgeous professional-grade appliances, and a place to store favorite cheer. Here, prep grill favorites for al fresco summer parties, and set holiday meals where a tray ceiling and handsome hearth spark conversation. While the spectacular stone-clad family room features soaring windows overlooking the grounds, your fully finished basement hosts weeknight film screenings, drinks at the sports bar, rounds of game night fun, and a showstopping two-story basketball court. March Madness may come just once a year, but here, your basketball court provides hoop action all year long. Thoughtfully designed with guests in mind, host long-term stays within the first or second floor primary suites, while two further upper-floor bedrooms, with sunny en-suites, mean comfort for additional loved ones. While on tour, note spaces for greeting guests, closing deals, and imagine prepping for Greater Loudoun County adventure from within your three-car garage. Located in the heart of Wine & Hunt Country, Beacon Hill is sought-after by executives, athletes, and professionals for its estate and hamlet homes surrounded by breathtaking foothill views. Uniquely situated, you'll enjoy a blend of private country living just moments from routes to historic townships, posh OneLoudoun, IAD, and all greater Northern Virginia has to offer.
Source: BRIGHT #VALO2107466
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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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