Home for Sale at 1 Suffolk Way, Grayslake, IL 60030

1 Suffolk Way
Grayslake, IL 60030

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Property Details

List Price:	$229,900
Beds:	2
Baths:	2
Status:	Pending
SqFt:	1912
Agency:	Keller Williams Success Realty

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Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	2003
Notes:	This stunning Prairie Model home (1912 SF) offers comfort, luxury, and a resort-style lifestyle in an exclusive 55+ community. Situated on a coveted corner lot, the property boasts charming curb appeal with a large front porch and a brick front facade. Step inside to discover an inviting open floor plan, featuring 9' ceilings throughout and an abundance of natural light. The spacious kitchen is a chef's delight, complete with a center granite island, ample cabinets, and white appliances including a convenient double oven. Enjoy meals in the breakfast area adjacent to the kitchen, or entertain guests in the separate dining room. Relax and unwind in the expansive living room, enhanced by a remote-controlled ceiling fan. For additional living space, retreat to the light-filled sunroom with sliding glass doors leading to a large deck, perfect for outdoor gatherings. A NEW remote-controlled retractable awning installed in 2020 adds to the appeal of outdoor living. The primary bedroom is a sanctuary, featuring a remote-controlled ceiling fan, a large walk-in closet with custom organizers, and a luxurious en-suite bathroom with a double sink vanity and a stand-up shower. A second bedroom also offers comfort with its own remote-controlled ceiling fan and ample closet space. The second full bathroom is equipped with a convenient handicap walk-in tub and a transom window. This home is thoughtfully designed with hardwood floors throughout and ceramic tile floors in both bathrooms. The oversized 2-car garage features a heater installed in 2020 and a handicap ramp for easy access to the home. Recent upgrades include a NEWER tankless water heater (2022), NEWER A/C unit (2020), NEWER roof (2019), and a NEWER driveway (2020). Experience the ultimate in active adult living with resort-style amenities including stocked ponds for fishing, walking paths, clubhouse, bocce ball courts, exercise facilities, and a vibrant social calendar. Don't miss this opportunity to live the lifestyle you've always dreamed of in Saddlebrook Farms!
MlsNumber:	11970340

Listing Provided By:	Keller Williams Success Realty, original listing
Name:	Keller Williams Success Realty
Phone:	(847) 381-9500
Office Name:	Keller Williams Success Realty
Office Phone:	(847) 381-9500
Agent Name:	Jacqueline Reed
Disclaimer:	Copyright Â© 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.

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or licensed by the US Department of Housing and Urban Development

USHUD.com is an Equal Housing Opportunity

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