14013 Wheel Wright Pl, Accokeek, MD 20607
4 beds · 4 baths · 4,227 sqft
Get a free consultation call with an expert in the mortgage assumption process.
*** PENDING RELEASE *** Back on the market! Buyer's financing fell through is your second chance at this beautiful home! This beautiful 4-bedroom, 3.5-bathroom home, built in 2016, is located in the highly sought-after Preserve at Piscataway community. Tucked away on a quiet cul-de-sac and adjacent to a scenic walking trail, this property combines comfort, privacy, and convenience. The house features beautiful hardwood and engineered hardwood floors throughout and a thoughtfully designed layout. Upon entry, the foyer welcomes you to a sitting room and formal dining room. The family room boasts a cozy fireplace and a 3-foot bump-out for extra space. The gourmet kitchen provides direct access to a spacious deck with two entertaining areas and a patio suited with a fire pit perfect for outdoor gatherings. This kitchen is complete with an island, gas cooktop, double ovens, and ample counter and cabinet space. As you move up the stairs to the second level, the owner’s suite and three large sized bedrooms surround a loft space perfect for studying or private cove. The owner’s suite features two walk-in closets and a bathroom with a soaking tub, a standing shower, and a double vanity. A cozy sitting area adds to the upper level’s charm, offering a private retreat for relaxation. The fully finished walkout basement features a full bar and theatre room perfect for entertaining. Additional features include a whole-house water filtration system for both regular and drinking water, as well as energy-efficient solar panels through Sunrun, with monthly costs based on production and usage. With its prime location minutes from the National Harbor, DC, and the Patuxent River, modern amenities, and ample space for customization, this home offers the perfect combination of elegance and functionality.
Source: BRIGHT #MDPG2139572
Source: BRIGHT #MDPG2139572
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.
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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.