Back on the Market and also a HUGE Price Reduction! Seller now firm! 1. 3 acres with R2 zoning comes with this 3 bed 2 bath doublewide. This home needs work but has plenty of opportunity for upgrades, barns, ect. This is priced below market value for a quick sale. The home comes mostly furnished and has covered outside storage and a shed as well.
Inside, there is a living room with access to the enclosed Florida room which overlooks the back yard. The home has a full dining room just off the kitchen. The property is on a paved road with a great location: easy access to Hwy 41 for the commute to Dunnellon or Ocala. Just 20 mins to WEC for your horses. This property currently not able to pass FHA loan parameters due to updates needed, so cash is preferred. The South side of the property has an easement driveway that goes to the neighbors home behind this parcel. Overall, this is a diamond in the rough. Seller is not repairing anything nor cleaning up the property. Most items will convey with the home at closing.
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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 | $80,000 | $80,000 | $80,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.171% | 6.518% |
Monthly Tax Payment | $138 | $138 | $138 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $546 | $532 | $686 |
Total Monthly Payment | $759 | $745 | $899 |
* 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.