1 of 29

8843 172ND ST, Tinley Park, IL 60487

3 beds · 2 baths · 1,906 sqft

OUTSTANDING UPDATED TRI-LEVEL HOME WITH THREE BEDROOMS AND TWO BATHROOMS.ENTERING THE SPACIOUS LIVING ROOM LEADING TO L-SHAPE DINING ROOM LAYOUT FEATURING RECESSED LIGHTING AND WATERPROOF LUXURY VINYL FLOORING.RENOVATED KITCHEN 2022 WITH CUSTOM SOLID WOOD WHITE SHAKER STYLE CABINETS, MULLION GLASS CORNER CABINETS,SOFT CLOSE DOORS,CROWN MOLDING,STONE BACK SPLASH,QUARTZ COUNTER TOPS,BRASS FIXTURES AND HARDWARE,BREAKFAST BAR ALSO WITH QUATRZ COUNTER TOP OVER HANG,PENDANT LIGHT FIXTURES WITH THE VIEW TO THE AMPLE FAMLIY ROOM UPDATED WITH LED RECESSED LIGHTING AND LUXURY VIYNL FLOORING. HIGH END APPLIANCES INCLUDED REFRIGERATOR,STOVE RANGE,MICROWAVE AND DISHWASHER.UPPER LEVEL BATHROOM UPDATED 2023 WITH QUARTZ FINISH TILE,CUSTOM NICHE,BLACK MATTE RAIN FALL AND BODY SPRAY FIXTURES,DOUBLE VANITY SINK WITH QUARTZ COUNTER TOPS AND ANTI-FOG LED LIGHTING MIRROR.ALL BEDROOMS ON THE UPPER LEVEL WITH FAN LIGHTS AND CLOSET SPACE.SECOND BATHROOM WITH CUSTOM SHOWER BASE,GLASS TILE NICHE AND GLASS DOOR UPDATED QUATRZ VANITY AND FIXTURES.AMPLE LAUNDRY ROOM WITH UPDATED WASHER AND DRYER INCLUDED.ATTACHED TWO CAR GARAGE.ENCLOSED BACK YARD WITH WHITE VIYNL FENCE,WOOD DECK PATIO. THE 12X24 POOL IS ALSO INCLUDED, READY FOR SUMMER. IT IS HEATED , HEATER AND POOL ARE INCLUDED WITH THE SALE. NEW CONCRETE WALK WAY.NEWER VIYNL WINDOWS ON SOUTH OF THE PROPERTY.ROOF WAS A TEAR OFF IN 2017.CLOSE TO SCHOOLS AND PARKS.ONLY MINUTES FROM I-80. THIS IS A VERY ENERGY EFFICIENT HOME DUE TO SOLAR PANELS. SOLAR PANELS REDUCE ELECTRIC COST FOR ELECTRIC DRYER, ELECTRIC CAR CHARGER, ELECTRIC POOL HEATER. THE SWIMMING POOL IS STAYING.!

Roam helps you take over the seller’s lower interest rate 1
We help you assume the seller's mortgage and avoid higher prevailing market rates.
45-day closing guarantee 2
We work directly with the mortgage servicer to help you quickly and easily close the transaction.

Location

Details

Home
Size
1,906 sqft
Lot size
0.1937 acres
Year built
1978

How it works

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

Tour

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.

Offer

Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.

Close

Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.

Who can qualify

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.

Frequently asked questions

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.

Will an assumption work for me?

An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.

Why do buyers use Roam?

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

Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.

View all FAQs

Resources

Last updated: Sep 18, 2024 08:41 am
Listing agent: Salvador Gonzalez (773) 964-8989
Listing provided courtesy of: RE/MAX MI CASA (773) 767-1616
Details provided by MRED and may not match the public record.
MLS ID: #mrd12109538
Based on information submitted to the MLS GRID as of Sep 19 2024 - 01:30. 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.
Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 45 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.