This is an excellent opportunity to secure a home just minutes from candlewood lake and close to the New York border. With 4 bedrooms and 1.5 baths, this home has plenty of potential to become just what you're looking for. This is a great fit for handy homeowners or investors looking to bring their vision to a house that needs it. Extensive repairs are needed so this home will not qualify for most forms of financing, therefore a cash purchase or rehab loan will be necessary. Home is being sold AS-IS.
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Listing courtesy of Mateusz Mikunda, Complete Real Estate Email: mat.mikunda@gmail.com
5 Barnum Road, New Fairfield, CT, 06812
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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