Auction Property. Situated in a desirable guard-gated golf community, this charming ranch home offers a serene lifestyle with stunning views of the golf course and an expansive yard, perfect for outdoor enjoyment. Residents of the community have access to top-notch amenities, including a golf course, swimming pool, tennis courts, and a clubhouse—everything needed for an active and social lifestyle right at your doorstep.
Located just a short drive from the picturesque downtown Mount Dora, you’ll be close to a variety of unique shops, dining options, and vibrant local events. This property blends the appeal of peaceful golf course living with the convenience of nearby city charm, making it an ideal place to call home. This property is now under auction terms. All Bids must be submitted during the auction via the property’s listing page at www. servicelinkauction. com. This sale is subject to a 5% or $2, 500 minimum buyer’s premium pursuant to the auction Terms & Conditions. All bids will be subject to seller approval (minimums may apply).
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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 | $299,920 | $299,920 | $299,920 |
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 | 7.404% | 7.133% | 6.236% |
Monthly Tax Payment | $517 | $517 | $517 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,995 | $1,993 | $2,529 |
Total Monthly Payment | $2,587 | $2,585 | $3,121 |
* 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.