4006 Estevez Ct Bowie, MD 20716
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About this home
Welcome home! Just 4 minutes to Bowie Town Center! Stylish 3-bed, 2.5-bath colonial-style townhouse boasting 1,560 square feet is available and open for contracts now! This home features a modern, open layout with lots of natural light and 3 finished levels featuring hardwood and carpet flooring. New bathroom flooring. The kitchen is updated and has an eat-in space for dining or entertaining. The primary bedroom is on a private level and has an on suite bathroom w/ a large soaking tub plus walk-in closet. Bedroom #'s 2 & 3 are spacious and on their own level with a full bathroom. Washer/dryer conveys for your convenience. Powder room has been updated! Owner is currently installing a new roof, will include roof certification. Updates include high efficiency new washer/dryer 2019, hot water heater 2022, dishwasher 2023. Light fixtures have also been updated. More recent updates/repairs include windows repairs, duct cleaning, new black flow preventer, HVAC cleaning and more. Seller will provide Home warranty. Located on a quiet street with a privacy wall so the neighborhood is very quiet. Easy assigned parking. Up to 4 parking passes available. This home is part of a well-maintained community with low HOA fees and a pool! Its location is hard to beat and is just a few minutes from Bowie Town Center; an outdoor shopping destination with a wide variety of stores, dining, and fitness options. There are also nearby parks and the scenic WB&A Trail for biking, running, and walking. You'll love the easy access to multiple transportation options, including Metrobus, TheBus, and Vanpools, as well as nearby New Carrollton Metro and the Bowie State MARC station. Easy to get direct routes into Washington, D.C. and Baltimore. Major highways including US-50, I-595, US-301, and MD-197 are also close by, ensuring convenient travel throughout the region. Bowie itself is Prince George’s County’s largest municipality, known for its community spirit, quality of life, and local amenities such as Bowie State University, libraries, and parks. With its thoughtful updates, low-maintenance lifestyle, and excellent location, this townhome offers the perfect combination of comfort, convenience, and value. Schedule a tour as soon as possible, this property will go fast at this price. Disclosures will be downloaded. Offer deadline is Monday 12/3 @11:59pm. The Seller reserves the right to accept an offer at any time.
Source: BRIGHT #MDPG2164280
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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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