Welcome to Forsyth Estates, a picturesque & upscale community nestled in the serene countryside of rural Salem. Here, you'll find the perfect setting to build your dream home, with spacious packages starting at 2, 000 square feet on level, picturesque lots. Whether you bring your own plans or choose from ours, you'll enjoy endless customization possibilities. Choose from a wide range of premium finishes, including cabinets, granite countertops, hardwood floors, tile, moldings, fixtures, doors, siding, and shingles-ensuring your home reflects your personal style. Forsyth Estates offers underground utilities, with every home featuring energy-efficient propane heating and central AC. Tours available to explore already built homes to witness the superior craftsmanship and attention to detail provided by D&D Quality Builders, our exclusive builder. Plus, every home comes with a one-year warranty for peace of mind. We have two remaining lots available. The lot at 469 Forsyth can accommodate a walk-out basement, offering additional possibilities for your dream home. Simply let us know what you envision, and we'll provide a customized quote. To give you a closer look at the exceptional quality of construction, take a look at the pictures and 3D tour -showcasing various upgrades available. Don't miss out on this exclusive opportunity to build in Forsyth Estates!
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:
For homebuyers and sellers, our Attorney Network:
$725,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $580,000 | $580,000 | $580,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.171% | 6.276% |
Monthly Tax Payment | $121 | $121 | $121 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,810 | $3,855 | $4,891 |
Total Monthly Payment | $4,023 | $4,068 | $5,104 |
* 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.