HURRICANE IAN FIXER UPPER BEING SOLD AS IS! CASH OFFERS ONLY ACCEPTED UNTIL 5 PM ON 8/12/24. 100 X 150 SAILBOAT CANAL WITH 1 MINUTE BOAT RIDE TO CHARLOTTE HARBOR. LOVELY STREET WITH MILLION DOLLAR HOMES ON THE HARBOR ACROSS THE STREET. GREAT WATER VIEWS FROM YOUR BACKYARD. NICE FLOOR PLAN WITH THIS 4 BEDROOM, 2 BATH. KITCHEN HAS WOOD CABINETS WITH GRANITE COUNTERS AND BUILT IN APPLIANCES OPEN TO THE FAMILY ROOM. SEPARATE LIVING ROOM/BONUS ROOM AND SEPARATE DINING ROOM. SUGGEST WEARING A MASK WHEN PREVIEWING. HOME IN NEED OF NEW ROOF, SOFFITS, POSSIBLE MOLD REMEDIATION, INTERIOR DAMAGE TO MASTER BEDROOM AND FAMILY ROOM, POOL CLEAN UP, DOCK/LIFT REPAIR-REBUILD, A/C PLUS. BEING SOLD AS SEEN. ITEMS THAT DO NOT CONVEY AS FOLLOWS: ALL ARTWORK, GAMES, POOL TABLE, PRIMARY BEDROOM SET, ALL ITEMS IN 4TH BEDROOM WITH COMBO LOCK ON THE DOOR AND ITEMS IN THE GARAGE. SELLER TO PAY TITLE INSURANCE, BUYER TO PAY STATE DOC STAMPS AT CLOSING
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Our Executive Mortgage Banker:
Our Insurance Division:
$399,500
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 | $319,600 | $319,600 | $319,600 |
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 | $607 | $607 | $607 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,942 | $1,942 | $2,526 |
Total Monthly Payment | $2,624 | $2,624 | $3,208 |
* 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.