OFFER DEADLINE SET FOR 11-12-2024 at 5PM. Great location in rural Nottingham, yet not far from the amenities. Potential to subdivide? With over 1, 000. 00' of road frontage the possibilities are believed to be many (Buyers and Buyers agents are to do their due diligence). The Seller has never occupied this property and does not know the condition of the utilities or septic. It's believed that the house has good bones but it is dated and in need of some repairs. This home also has a whole home generator so the lights never go out! Property is being sold as-is. This property is through Probate however it may need additional time to close as offers are subject to Beneficiaries approval. Seller reserves the right to accept an offer at any time. No unassisted showings are allowed, unrepresented buyers are to text the agent to setup showings Agents are to use showing time for viewing times. Agents please non public remarks.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $280,000 | $280,000 | $280,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $695 | $695 | $695 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,863 | $1,861 | $2,401 |
Total Monthly Payment | $2,632 | $2,630 | $3,170 |
* 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.