Exceptional find in sought after and friendly Scottish Highlands Community. Lovely water view. This bright home is truly move-in ready with recent major improvements: new roof, new premium vinyl flooring throughout (except for ceramic tiled kitchen and bathrooms), all new stainless-steel appliances, freshly painted throughout including ceiling (no “popcorn” ceiling), new light fixtures & outlets and new blinds. Water heater replaced 2022. Backyard view of nature – no neighbors behind you. Wake each morning to hear the birds and see the lovely trees outside your windows! Screened in and private views from lanai. Open floor plan with vaulted ceilings in living room and kitchen. The Community is impeccably maintained with water features and mature landscaping. Walk to club house with indoor Olympic sized pool, outdoor pool, tennis courts, pickleball and work out area. RV/boat storage available. A short drive to entertainment at The Villages, golfing and the lovely towns of Mt. Dora and Taveres. Surrounded by Lake Harris chain of lakes. Less than 1 hour north of Orlando. With a low monthly HOA which includes cable and internet, this Community is “Central Florida’s best-kept secret”. Come view this 55 + community lovely, peaceful setting today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$249,000
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 | $199,200 | $199,200 | $199,200 |
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 | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $263 | $263 | $263 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,325 | $1,324 | $1,708 |
Total Monthly Payment | $1,662 | $1,661 | $2,045 |
* 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.