864 Sugarloaf Run Williamsburg, VA 23188
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About this home
Welcome to this beautiful home in the Winter Park subdivision of Seasons Trace! Conveniently located just minutes from 199, Colonial Williamsburg, the outlet mall, and so much more, this cozy community offers a wide array of amenities including a pool, clubhouse, walking trails, tennis courts, lake access, & boat/RV storage. This home welcomes you into a spacious living area, with a wood burning fireplace, 1/2 bath, and through to a formal dining area with access to the back deck. The kitchen offers a very comfortable layout with a large dining nook, peninsula island with bar seating, pantry, utility access, and direct entry from the attached garage with overhead storage. Upstairs you'll find 3 generously sized bedrooms, each with ceiling fans and ample storage, with the primary offering a walk-in closet & full bathroom with his & hers sinks. The owners have taken great care of the home which includes several updates such as *JULY 2025 ALL CARPET PROFESSIONALLY CLEANED * NEW HVAC W/WIFI THERMOSTAT * ROOF LESS THAN 10 YEARS OLD * INSULATED DUCT WORK 2025 * NEW PLUMBING & NEW TOILETS 2025 * NEW FRONT PORCH HANDRAILS * GARBAGE DISPOSAL 2024. Don't miss your opportunity to own this lovely home!
Source: CENTRALVIRGINIA #2518971
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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.