$5, 000 PRIC DECREASE! Situated in the well-maintained, 55+ community of Ponderosa Park is this 2 bedroom, 2 bathroom home that is priced for a QUICK SALE, and, while it has GOOD BONES, it does require a little updating to bring it to its full potential. You can skip the painting, because it just received a fresh coat of interior paint. It features a 14x10 foot covered and screened front porch and a 16x8 foot storage shed, a SPACIOUS driveway with a carport for two cars. The LOW-MAINTENANCE rock yard requires minimal upkeep—just a touch of weed killer and the lawn work is complete, which gives you more time to enjoy the activities the community has to offer, such as breakfasts, dinners, and dances at the clubhouse or a dip in the heated community pool after a game of shuffleboard on the shuffleboard courts. There is NO LOT RENT—you OWN the land, and the HOA fees are remarkably LOW at only $250. 00 ANNUALLY. It is situated near shopping, restaurants, beaches, parks, and under an hour to major airports.
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Our Executive Mortgage Banker:
Our Insurance Division:
$105,000
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 | $84,000 | $84,000 | $84,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $37 | $37 | $37 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $559 | $558 | $708 |
Total Monthly Payment | $670 | $669 | $819 |
* 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.