Seller agrees to buy down the buyers rate with a 1-0 rate reduction for the first year. This helps with having a lower interest and payment. With this and the price reduction, buyers will have a more appealing payment. come see this property. It's a Charming Home in Arcadia – Priced to Sell! This home and area give you the small town feeling which is getting harder to find in Florida. Features include: Close to Schools & most Amenities: Enjoy the convenience of being near local schools, shops, restaurants, events and community facilities. This two bedroom, two bathroom home can easily be a three bedroom home if you convert the den to another bedroom. Enjoy the large living room when relaxing or entertaining. Eco-Friendly Upgrades: Equipped with solar panels to help you save on energy costs. Modern Comforts: Includes a water softener system for improved water quality. Storm Ready: Hurricane impact windows for peace of mind during hurricane season. Parking: Two-car carport providing ample parking space with another entrance. Competitively priced to sell quickly! Needs some minor Cosmetic Work – perfect for those looking to add personal touches and do it your way. This charming home in the heart of Arcadia offers the perfect blend of convenience, eco-friendly features, and potential for customization. Situated close to schools and most amenities, it provides easy access to daily necessities. The addition of solar panels and a water softener system enhances both the environmental footprint and the comfort of the home. Safety and security are prioritized with hurricane impact windows, and the two-car carport ensures plenty of parking space. While the home does need your personal touch, this presents a fantastic opportunity for buyers to infuse their style and truly make it their own. There are plenty of local activities nearby including camping, hunting, boating, fishing, golf, horseback riding, etc. Investors welcome! Add this house to your portfolio. Don't miss out on this gem – it's priced to sell and waiting for you to call it home! Schedule your showing now!
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William Raveis Mortgage, LLC
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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 | $207,920 | $207,920 | $207,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $159 | $159 | $159 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,401 | $1,382 | $1,753 |
Total Monthly Payment | $1,635 | $1,616 | $1,987 |
* 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.