TMS #0591020100400 and #0020000001. 736 wooded acres on the Saluda River. This timberland investment has approximately 8000 feet of frontage on the Saluda River. It also has several other creeks and springs, including Line Creek. The timber includes 130 acres of 5-year-old pine plantation, 147 acres of 10-year-old pine plantation, and 290 acres of large, 30-year-old pines. There are also 146 acres of hardwoods and over 7 acres of food plots. A 2-acre beaver pond creates the perfect area to duck hunt in addition to hunting the river. This is a great property to hunt big deer, ducks, and turkey. There is also fishing and kayaking on the river. Public water is available and there is no zoning or restrictions. This property is only 30 miles to Greenville and 24 miles to Anderson
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William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $4,000,000 | $4,000,000 | $4,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.826% | 6.936% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $25,944 | $25,944 | $35,396 |
Total Monthly Payment | $26,069 | $26,069 | $35,521 |
* 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.