5055 Kenerson Dr Fairfax, VA 22032
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About this home
This stylishly updated 4 bedroom, 2 full and 2 half bathroom colonial home in the established Bradfield neighborhood has everything you’re looking for, plus a great location convenient to everywhere you want to go! Enjoy approximately 2592 total SF on three levels of living space! To top it off, you’ve got a spacious fenced backyard with a 548 SF patio, all on a cul-de-sac lot. The gorgeous kitchen and all 4 bathrooms have been updated, making this home look as trendy as an interior design magazine! The main level has luxury vinyl plank flooring throughout for easy living. The family room has been opened to the dining room by the removal of a wall, giving it a “great room” flow. The front living room could also make an ideal home office, or perhaps you’ll use it as the formal dining room or a playroom. The primary bedroom suite has an updated private bathroom, while 3 additional bedrooms and another updated full bathroom are also upstairs. The lower level has a spacious rec room, another updated half bath, and a laundry/utility room with space for extra storage or a workout area. The backyard outdoor space is perfect for entertaining, or even just sitting with a cup of coffee in the morning; the trees and big backyard make it feel peaceful and secluded. Bradfield residents appreciate quick access to I-495/395/95 via Braddock Road. There is a metrobus stop within a few minutes’ walk of this home, and the Rolling Rd VRE station and Park & Ride lot are close by. Get out and enjoy the many local parks, such as Royal Lake Park, Lake Accotink Park, and fabulous Wakefield Park with the Audrey Moore RecCenter and access to the Cross-County trail system. You’re close to the campuses of both George Mason University and Northern Virginia Community College. Check out the local restaurant and brewery scene in old town Fairfax, or head for other shopping and dining options galore in nearby Mosaic District, Fair Oaks, and Tysons Corner. This home is served by Fairfax County Public Schools’ Little Run Elementary School, Frost Middle School, and Woodson High School.
Source: BRIGHT #VAFX2270300
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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.