This home is being "SOLD AS IS" No repairs will be considered. The home is estimated to have been built in the 40's. It is solid and the property is almost one acre in size. Most of the value is on the location and the size of this lot being 981 hundredth of an acre. Needless to say, the location is a big plus. This home is exactly 4 tenths of a mile to Anderson College with an easy walk & right in the historic part of Anderson. The home could certainly be updated with some love and TLC. Seeing it can certainly give you a vision as to what you'd like to do. When to roof was done, the fireplace was capped off. All appointments will be made through the appt center. They will confirm when showings can take place. A 48 hour notice for all showings. If any showings would need to be on weekend then please let appt center know by Friday as the rental management company will confirm all appts through the appt center.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $239,920 | $239,920 | $239,920 |
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 | $200 | $200 | $200 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,596 | $1,595 | $2,057 |
Total Monthly Payment | $1,871 | $1,870 | $2,332 |
* 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.