According to analysts, home prices will increase in 2025 and interest rates will drop so maybe you ought to schedule a showing today of this promising property before you tell yourselves, "Shoulda', coulda', woulda'. . . "
About the homesite:
Seize Your Dream: Prime Land Awaits in Port Charlotte!
The Foundation of Your Future Home: Picture your dream home nestled on a generous quarter-acre in Port Charlotte, a canvas ready for your masterpiece amidst a vibrant community setting.
Power Up Your Plans: With FPL electricity ready and a transformer just across the street, kickstart your building project in a neighborhood that's blossoming with both established and brand-new homes.
Freedom to Build: Free from HOA constraints and flood zone worries, design your home exactly as you envision in this coveted spot.
A Hub of Convenience & Beauty: Steps from public transport, shopping, and the Port Charlotte Towne Center. Revel in the natural splendor of Peace River, Triple Lakes, and the Gulf’s stunning beaches.
An Investment in Your Dreams: As Port Charlotte's market values climb, secure your slice of paradise at today’s prices. This land is not just a lot; it's a stake in a prospering future.
Ready for Your Vision: This land, 80 feet by 125 feet, is more than space; it's potential for life’s best moments.
•Properties like this are a dream for many so take action now instead of listening to fear mongering hype because Florida's real estate market is on a continuous upswing with no downward shift in sight.
•Measurements including square footage are an approximation. Buyers are encouraged to independently verify all information herein.
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Our Executive Mortgage Banker:
Our Insurance Division:
$23,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $18,400 | $18,400 | $18,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.171% | 6.538% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $122 | $122 | $158 |
Total Monthly Payment | $197 | $197 | $233 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.