2026 Farragut Drive, Stafford, VA, 22554 – $445,000

Congratulations to this repeat homebuyer who began with a clear set of priorities: staying close to work while remaining within a realistic budget. With long commutes off the table, the buyer focused his search on neighborhoods that offered convenience without sacrificing affordability. After viewing several properties, he found a home that struck the right balance—reasonably priced, well located, and structurally sound, even if it needed some minor repairs.

During inspections, a few repair items surfaced that the buyer felt should be addressed. Rather than delaying the process or requesting the seller complete the work, we negotiated a credit at closing to cover some of the anticipated repair costs. This approach kept the transaction moving forward while giving him the flexibility to manage the repairs on his own after closing.

Another key factor was the financing. The buyer pursued a loan assumption, which allowed him to take over the seller’s existing mortgage terms. While this option offered long-term savings, it required a 45-day assumption period. Careful planning and coordination with the lender, seller, and our team of real estate professionals ensured that timelines were met and expectations were clear on all sides.

Ultimately, the combination of a strategic home search, thoughtful negotiation, and patience with the assumption process paid off. The buyer secured a home close to work, stayed within budget, received a credit to address repairs, and successfully navigated the 45-day assumption—making the experience both financially sound and personally rewarding!