2768 N La Salle Dr, Bourbonnais, IL 60914

Enjoy wildlife in your own backyard! This UNIQUE 2-story, 3 bedroom, 2 bath, renovated home, is surrounded by beauty and nature, overlooking Davis Creek (not on flood plain) on private cul-de-sac. It is situated on wooded .43 acre parcel and located in unincorporated area of Bourbonnais. The welcoming double entry doors have built-in blinds. The living and dining rooms have been opened up, by removing a wall, has 10' ceilings, crown molding, new light fixtures and vinyl flooring. The enhanced spacious kitchen, with open concept, canned lights, offers 10' ceilings, new porcelain flooring, fixtures, newer stainless steel kitchen appliances (refrigerator, oven & dishwasher). Also, the full bathroom has been modernized. In addition, the combination utility room//laundry room was updated and features newer vinyl flooring, washer, dryer, hot water tank, water softener and central vacuum. There are two bedrooms on the mail level. The 1st large bedroom is being used as a home office (for remote work), and has new vinyl flooring, light fixture and is located across an 8x16 enclosed screened porch, with amazing views of nature! The 2nd oversized bedroom offers new carpeting and walk-in closet. On the second floor you will find a large family room with vaulted ceilings, a new ceiling fan and new carpeting, with easy access to a pine catwalk/walkway to a balcony. In addition, there is a cozy sitting area, with a Franklin stove, perfect for quiet time or reading. The distinctive custom master suite and master bathroom, features vaulted ceilings, a walk-in closet, new carpeting and a skylight. It also has a separate tiled area, around the Jacuzzi tub, with a toilet and vanity in a separate bathroom area. Upon driving up to this home, you will enter via a shared horseshoe asphalt driveway. There also is a concrete side drive/slab where boats and RV's can be parked. You can build a 1 car garage or the area is perfect for a boat or camper parking and or/parking for 7 cars. Relax in your backyard by sitting by the fire pit and/or entertaining on the large multi-tiered deck, which has lighting, using power outlets. For additional outdoor storage, or if you need a special area to work on projects, you will LOVE the detached 12x16 shed, with electric, loft and workbench, which is perfect for all your needs. In addition, there is an attached 10x10 storage shed, with a ramp, currently used for yard equipment and tools. This property has a shared well & septic, with an agreement, transferrable to new owners. Per the shared agreement, the owners of this home are responsible to take care of the septic system every 4 years. The septic was cleaned in 2024. New roof in 2021. Move in condition. Embrace peaceful country living and make this your dream home!

Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.

• Buyers
• Agents
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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.

Last updated: Nov 21, 2024 12:22 pm

Listing agent: Margaret Marasco (815) 302-2760

Listing provided courtesy of: RE/MAX 1st Service (708) 675-1600

Details provided by MRED and may not match the public record.
MLS ID: #12160983

Based on information submitted to the MLS GRID as of Nov 21 2024 - 13:04. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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