Charming 2-Bed, 2-Bath Home in Inverness with Endless Potential! Discover this great opportunity to create your dream home in the heart of Inverness! This cozy 2-bedroom, 2-bathroom home offers open living space and sits on a spacious lot with a fenced in area so bring your pets! With some TLC, this home can be transformed into the ideal retreat. Featuring an open floor plan, a large living room, and a kitchen with plenty of storage, this home provides a great foundation for your renovation ideas. Both bedrooms are generously sized, and the primary bedroom includes an en-suite bathroom. The second bathroom is conveniently located for guests and the second bedroom could make a great office. Outside, the large backyard offers plenty of room for outdoor entertaining or potential expansion. Located in a quiet, established neighborhood, this property is convenient to parks, schools, shopping, and downtown Inverness. Whether you're an investor or a homeowner ready to add your personal touch, this home is bursting with potential. Don't miss out on this fantastic opportunity!
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$107,000
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 | $85,600 | $85,600 | $85,600 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $11 | $11 | $11 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $570 | $569 | $722 |
Total Monthly Payment | $656 | $655 | $808 |
* 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.