9710 Handerson Pl Unit 302 Unit 302 Manassas Park, VA 20111
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About this home
PHOTOS COMING IN LATE OCTOBER. NOTE: The hallway carpets and hallway walls are being refurbished by the Condo Assoc. This exquisite residential unit, located in the esteemed Reserve Condominiums, offers a harmonious blend of contemporary design and modern amenities. Spanning 1,396 square feet, this well-maintained property features two spacious bedrooms and two full bathrooms, ensuring ample space for comfort and privacy. This unit is located on the third floor and elevators are available for your convenience. The interior showcases a thoughtfully designed dining area, perfect for entertaining or casual meals. The primary bath has double vanities, tub and separate shower, enhancing the overall appeal of the living space. The unit is further complemented by a well-appointed kitchen featuring updated appliances, including a dishwasher, disposal, microwave, and refrigerator, catering to the needs of any culinary enthusiast. Washer and Dryer have also been updated. Residents will appreciate the convenience of an attached garage, providing secure parking and additional storage options. There is an additional assigned parking space as well as a tag for one more, giving the buyer three total spaces. There is a balcony for your outdoor enjoyment. The property is situated within a community, offering peace of mind and enhanced security through a main entrance lock system. The well-maintained common grounds and community pool provide additional recreational opportunities. This community is governed by The Reserves Condo Board and Manassas Park Station Board. The association fee covers essential services such as lawn maintenance, snow removal, trash collection, and water, ensuring a low-maintenance lifestyle. Built in 2007, this unit exemplifies excellent condition and quality construction, featuring durable brick materials. This property represents an exceptional opportunity for those seeking a modern, amenity-rich living experience in a desirable location.
Source: BRIGHT #VAMP2003328
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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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