4417 Fair Stone Dr Apt 101 Unit 101 Fairfax, VA 22033
Your savings
About this home
This condo isn't just a place to live, it's a lifestyle. It's an opportunity to experience the best of suburban comfort and urban convenience. This condo provides a comfortable and inviting living space with an open floor plan that flows naturally from room to room. One Level Living / NO STAIRS HERE!! The generous size of the bedrooms (15x11 & 13x11) and bathrooms ensures comfort and convenience. The (24x12) family room with 9ft high ceilings and fireplace are perfect size for entertaining friend or moving the entertainment to the large patio that stretches the length of the condo. There is ample parking available. Residents have access to any spaces market "resident" and there are always extra "visitor" spaces available in the back parking lot. Living here means you're literally across the street from an abundance of retail and dining options. Fair Lakes Center and Fair Oaks Mall are both nearby, providing everything from department stores and boutiques to grocery stores and a diverse range of restaurants. Commuters will appreciate the prime location with easy access to major highways, including I-66 and Route 50. This condo isn't just a place to live, it's the gateway to an elevated lifestyle where comfort effortlessly meets convenience. Here, you'll enjoy the perfect blend of suburban tranquility and urban excitement at your doorstep. Step inside to discover a thoughtfully designed, open floor plan that creates a welcoming flow from one spacious room to the next. When the weather is nice, take the party outside to the large patio that spans the entire length of the condo, a true extension of your living space, perfect for entertaining or unwinding in the fresh air. Your new home places you just steps away from an incredible variety of shopping and dining experiences. With Fair Lakes Center and Fair Oaks Mall nearby, you’ll have immediate access to department stores, unique boutiques, everyday essentials, and a diverse array of restaurants to satisfy every craving. Life here means having the best the community has to offer right outside your door. The area is also served by the Fairfax Connector bus system, providing convenient public transit options to connect you with the broader Northern Virginia and Washington D.C. area.
Source: BRIGHT #VAFX2267588
Loan details
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
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.