Welcome to your new home in Fairway Lakes of Palm Aire. This is an opportunity to own a rare 3 bedroom plus bonus room. All the work has been done for you. Gather some paint swatches and your creativity and make this open floor plan home your happy place! The home has been updated with a brand new garage door, all but 2 windows are hurricane proof, a new roof in 2020; new a/c 2020; pool resurfaced recently. Both the kitchen and guest bath received face lifts and the new pedestal washer and dryers are yours. If golfing is your thing, bring your own golf cart to use on the golf course, which the property sits on the golf cart path, privacy provided by trees. Palm Aire Country Club offers golf, tennis, and social memberships. You are central to SRQ Airport, I75, UTC, the beaches, LWR, the Van Wezel, Symphony, Opera House and all the wonderful restaurants in downtown Sarasota. The owners are very motivated. Make an appointment to visit this home and proudly call Palm Aire your home!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$528,900
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 | $423,120 | $423,120 | $423,120 |
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 | $320 | $320 | $320 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,815 | $2,812 | $3,568 |
Total Monthly Payment | $3,227 | $3,224 | $3,980 |
* 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.