This 3. 6-acre residential lot at Cliffs Valley would make for a serene and picturesque location for a new home. The wooded mountain lot with many trees has a tranquil and peaceful atmosphere, perched up in the woods, perfect for those who enjoy nature and outdoor activities. A temporary road is already cut up to the building site that would make for an easier and smoother construction process. So far there is only one other home on the street making it even quiter, which may be appealing to those who prefer more secluded living environment. The location is also convenient, being close to Travelers Rest, Hendersonville, and Greenville, have plenty of options for dining, shopping, and entertainment. Additionally, Cliffs amenities are available depending on which membership you join, there is world-class golf, fitness facilities, walking trails, pool, and tennis, are available, which would provide residents with ample opportunities for recreation and leisure. Overall, this property seems like an excellent choice for those who value privacy, natural beauty, and convenient access to amenities and nearby cities.
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William Raveis Real Estate
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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 | $32,000 | $32,000 | $32,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $208 | $205 | $266 |
Total Monthly Payment | $283 | $280 | $341 |
* 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.