Charming coastal cottage in Clearwater, and only 17 minutes to Clearwater Beach! HIGH AND DRY 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, "Coulda', shoulda', woulda'. . . " The average rate on a 30-year mortgage is around 6. 0%! 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 One block away from ED Wright park. This is a rare find, especially at this price. The home is located on a quiet side street, but still close to Missouri Ave and it's access to the Courtney Campbell. Lots of stores and restaurants are nearby, including Publix and Walmart. This home has a bright open floor plan. A large living room area leads to two private generous bedrooms, and an adjoining full bathroom. A third room at the back of the house could be used as a cozy bedroom, office or art room! A full kitchen faces the peaceful backyard. You will enjoy sitting on your large covered front porch. The backyard is fully fenced and has mature trees, providing an area to rest and relax or invite your friends over for a cookout. The bathroom was updated as well as the kitchen . HOME IS Also for rent and RENT TO OWN with owner financing 3 year balloon note.
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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 | $238,400 | $238,400 | $238,400 |
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 | $33 | $33 | $33 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,586 | $1,566 | $2,010 |
Total Monthly Payment | $1,694 | $1,674 | $2,118 |
* 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.