HUGE price reduction! Great home for investors or first time home buyers. This home is in an opportunity district. Three-bedroom, one-bathroom single-family home is perfect for those seeking updates and convenience. This home was renovated in 2021 including roof, A/C, water heater, kitchen, and bathroom, offering a move-in ready experience. This home is currently contracted and permitted to have a new septic tank!
Located in a prime Sanford location with easy access to major highways including State Roads 417, 429, 17/92, and I-4, commuting to Orlando, Lake Mary, the theme parks, or the beaches is a breeze. Enjoy all the benefits of Sanford's vibrant downtown, with its fantastic restaurants, nightlife, and local attractions.
Priced to sell quickly, this home is an excellent opportunity for buyers looking for value and location. Don’t miss out on this incredible deal!
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Our Executive Mortgage Banker:
Our Insurance Division:
$225,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $180,000 | $180,000 | $180,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $229 | $229 | $229 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,243 | $1,213 | $1,531 |
Total Monthly Payment | $1,547 | $1,517 | $1,835 |
* 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.