Under contract-accepting backup offers. Short Sale. Charming 4-Bedroom 3 Bath Pool Home with Fantastic Potential - Ideal for Renovation and Customization. Situated in a peaceful neighborhood with an oversized private fenced back yard, this property is perfect for those who can envision its full potential.
- **Spacious Layout: ** The home boasts a generous floor plan with ample living space, perfect for families and entertaining guests.
- **Short Sale Opportunity: ** This home is a short sale and is subject to the bank's approval, presenting a unique chance to purchase at a potentially lower price.
**Renovation and Financing Options: **
This property may qualify for several special financing programs, making it easier to fund necessary repairs and improvements:
- **Florida's Hometown Heroes Program: ** Potential eligibility for down payment and closing cost assistance.
- **FHA 203(k) Loan: ** A government-backed loan program allowing buyers to finance both the purchase and renovation costs.
- **Conventional HomeStyle Mortgage: ** A flexible option for financing renovations, enabling you to customize the home to your liking.
**Required Improvements: **
The home is in need of some essential repairs and upgrades, including:
- **New Septic System: ** Replacement of the existing septic system to ensure proper functionality.
- **New A/C System: ** Installation of a new air conditioning unit to enhance comfort and energy efficiency.
- **Cosmetic Enhancements: ** Opportunity to personalize to match your style and make it your dream home!
**Prime Location: **
Nestled in a quiet and neighborhood, this property offers easy access to local amenities, schools, parks, and major highways, ensuring convenience and a high quality of life.
Don’t miss out on this rare opportunity to create your perfect home!
*Note: All offers are subject to bank approval. Financing programs mentioned are subject to eligibility and qualification requirements. * THIRD PARTY PROCESSOR REQUIRED. SEE ATTACHED DISCLOSURES THAT MUST BE SIGNED AND PRESENTED WITH ALL OFFERS. ***Multiple offers. Please submit your best and final by 5 PM on 7/18/24
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$370,000
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 | $296,000 | $296,000 | $296,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $456 | $456 | $456 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,799 | $1,799 | $2,339 |
Total Monthly Payment | $2,330 | $2,330 | $2,870 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.