222 Locust St Warrenton, VA 20186
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About this home
PRICE IMPROVEMENT.....LIVE IN A SMALL-TOWN STORYBOOK SETTING WITH EASY ACCESS TO OUTDOOR ADVENTURES AND BIG-CITY CULTURE... <p> Cute as a button Cape/Cottage style home features 3 finished levels. Boasting over 2,165 square feet of finished living space. <p> Lush green lawn and landscaped flower beds all on a quiet tree-lined street in the coveted Bartenstein neighborhood. The unique curved front doorway and slate walkway with black picket fence greets you. <p> Let the hardwood floors, high ceilings, intricate trim, and crown molding throughout, wow you with a warm welcome. There are custom white shutters in the dinning and living room to add syle and ambiance. <p>The galley kitchen has tile counters, farmhouse sink and custom cabinetry. A small covered porch off the kitchen is perfect for reading or bird watching. <p>The Main level has 2 bedrooms and a newly renovated full bathroom complete with a claw foot tub and barnwood-styled ceramic flooring. The hallway has built-in bookcases and lots of storage, There is Radiant and central heat throughout the main level and lower level. The upper level offers 2 more bedrooms, each with their own walk-in closets and a shared updated bathroom with a large shower, quartz counter tops, stylish lighting, and a skylight for plenty of natural light. <p>The Finished walk-out basement offers more living space as a gym, office, craft room-whatever your heart desires. New laminate flooring, large half bath, Laundry, and built-in storage finish the space. <p>The backyard is Fully fenced with a fire pit, 2-level wood deck, under-stair shed, and 2 custom tree houses. <p>The roof is 9 years young with over-sized black gutters, HVAC is 1 year young, new water heater, new dishwasher and freshly painted interior, new fireplace flue and damper, public water and sewage, NO HOA, and the exterior has been power washed. <p>Located in charming Warrenton, Virginia. Only 45 miles west of Washington, D.C. and regional sports/entertainment venues, museums, world-class theatres, fine dinning, extraordinary shopping and more! <p> Close to commuter arteries: I66, Routes 29, 28, 50, 15 & 17. Dulles International Airport-30 miles. Reagan National Airport-55 miles. VRE Manassas Station -22 miles. Amtrak Culpeper Station-23 miles. Walking distance to Old Town Warrenton’s unique boutiques, coffee shops, bakeries, banking, library, fine eateries, bars, and the Warrenton Branch Greenway. Enjoy being able to leave the car at home and walk downtown to enjoy Warrenton's seasonal Farmers market, Annual 4th of July parade, Halloween and Christmas parades, Fall Festival, 1st Fridays and many other community events. <p> In the foothills of the Shenandoah Mountains make the most of out door adventures with hiking, canoeing, wineries, micro-breweries, Civil War Trails, and caverns. SEND ALL OFFERS :)
Source: BRIGHT #VAFQ2018226
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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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.