This is a beautiful and well maintained home located in the Premium community of Continental Country Club. It is a perfect landing location for retiring couples or future investment; as The Villages increase the home values in this area. Continental provides all the amenities needed for an enjoyable active and social life. The house itself is partly furnished. There is an Inside Laundry Room, Roof-Over and the AC has been serviced by a local company. The Driveway has recently been resurfaced and painted showing excellent curb appeal. The rear side of the property has a Stone Garden, Landscaped area with a Palm tree and Plants. There is private (to Continental Residents) Access to Lake Okahumpka for Kayaking, Boating and Fishing. The Oaks Restaurant, Lounge, Championship 18 hole Golf Course and Driving Range are all in the community. Health Facilities, Restaurants, free entertainment and Food Shopping are within minutes of Continental Country Club. This property deserves a long look as the new buyers, in addition to having a beautiful home, will receive a "Resident Owner's Certificate and Golf Certificate", an added value of $9, 000. (Resident Owner's Certificate Reduces the HOA Fee. You will love living in Continental Country Club, gated community, I live here and love the secure feeling.
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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 | $134,800 | $134,800 | $134,800 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $76 | $76 | $76 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $897 | $896 | $1,137 |
Total Monthly Payment | $1,048 | $1,047 | $1,288 |
* 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.