Looking for a flip project for 2025? Prime location in Spartanburg, SC just off Highway 176 with easy access to I-26. Please note that the home experienced damage to the roof, joists, gutters, and ceilings during the hurricane over the kitchen, and two living rooms. The remainder of the home was untouched. The property is being sold as-is, and is ready for your repairs. New water heater in 2024. Window world vinyl windows on the front of the home, and original windows on the rear of the home. The open floor plan flows from the bright living room into the dining area and a well-appointed kitchen, featuring updated granite countertops and stainless steel appliances. All three bedrooms are spacious, with ample closet space. Enjoy outdoor living in the large, fenced backyard, and take advantage of the detached carport for extra parking or storage. Located just minutes from shopping, dining, and more, this home combines comfort and convenience. Schedule your showing today and make this home yours!
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Our Executive Mortgage Banker:
Our Insurance Division:
$150,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $120,000 | $120,000 | $120,000 |
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 | $83 | $83 | $83 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $829 | $808 | $1,021 |
Total Monthly Payment | $987 | $966 | $1,179 |
* 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.