10755 Great Plaines Dr, Huntley, IL 60142
3 beds · 3 baths · 2,566 sqft
Welcome to your dream home! This gorgeous 3-bedroom, 2.5-bath residence, complete with loft and den, beutifully combines comfortable modern elegance with fuctional and convenant living. As you step inside, you'll be captivated by the impressive 2-story foyer adorned with modern lighting and luxurious wood plank tile. The open layout seamlessly connects the living room and dining areas, illuminated by natural light pouring in through large windows. The living room feaures a soring vaulted ceiling, creating an airy and inviting atmosphere. The family room is a true showstopper, complete with stunning gas fireplace and a row of windows provides picturesque views of your backyard. Your dream kitchen awaits, featuring white cabinets, gleaming white quartz countertops, stylish tile backsplash, stainless steel appliances with a generous island, making it a perfect for meal prep. The built-in breakfest/coffee bar offers additional cabinets and counterspace, ensuring you have room for all your culinary creations. Venture to the second floor, where you'll find spacious bedrooms and a cozy loft thats perfect for a gaming space for the kids or a private reading area for you. The master suite is a true retreat with a large sitting room, two walk-in closets, private bath with a garden-style soaker tub and separate shower. The main floor also features an office or a potential guest room, laundry/ mud room equipped with a wash sink. Endless possiblities in the unfinished basement, use it for storage or transform it into your ideal recreation space. Step outside to your fully fenced backyard, expansive brick paver patio and shed for additional storage. Don't miss out on this extraordinary home that combined style, space and functionality. NEW ROOF 9/2024 and Freshly landscaped. Convenant location, close to shopping, Route 47, near-by parks and sought out schools- District 158, and minuites away from I90 expressway. Schedule your showing today and make this stunning property yours!
Source: MRED #12202511
Interest rate and monthly payment estimated based on public records.
Source: MRED #12202511
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
What is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
MLS ID: #12202511
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.