According to analysts, there will be a 4% increase in home prices by 2025. . . and with dropping interest rates, I'd schedule a showing today of this promising property before you tell yourselves, "Shoulda', coulda', woulda'. . . "
The average rate on a 30- and 15-year mortgage is around 6. 0% - 6. 7%! Maybe you ought to call your lender now because as interest rates drop, the demand for housing will increase. . . so don't miss out, make the call, and schedule your showing today of this great investment.
About the property:
Located in the Gulf Harbors subdivision of Florida’s rapidly appreciating town of New Port Richey, steps from public transportation and stores.
This residential community offers several amenities aside from two pools, clubhouses, and the Gulf Harbors Beach Club for an additional fee per year, giving you access to one of the few private beaches in Florida.
Enjoy serene views of the park-like setting right from your well maintained second floor condo, that has been seasonally occupied only by the seller.
This cozy one bedroom, one bathroom condo is readily available for your immediate move-in as it is being sold fully furnished including a television set, all kitchen utensils, and bedding.
Repairs: remodeled bathroom, new plumbing in the kitchen, professional interior paint.
There is one assigned carport and an exterior storage room located steps from the front door of the condo.
The association is all inclusive offering Blue Stream Fiber TV, Wi Fi, exterior maintenance, master insurance policy, water, sewer, reserves.
The property is located adjacent to what will be the new development for the Aqua Harbor Florida so expect property values to only go north once that project is completed as it will bring a ton of business to the area so don't wait too long and schedule your showing today of this fabulous condo.
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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 | $77,120 | $77,120 | $77,120 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $42 | $42 | $42 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $513 | $507 | $650 |
Total Monthly Payment | $630 | $624 | $767 |
* 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.