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Unit sold "As Is" Condition. Buyer to do their "Due Diligence" before submitting an offer. Agent has not been in the unit. The fieldcard does not reflect the individual unit - it is potentially the building. Information was supplied by President of Assoc, who conveyed it is a TH w/2 bedrooms on the 2nd flr. Attorney representing association was not familiar with unit. Subject to DSS & Probate Court Approval. Association must also approve buyer - application attached. Must be owner-occupied. It is believed that there might be a walk up attic and a basement, which might have a washer/dryer hook up. Sq. Ft. is unknown. The rooms, configuration & most of the info in the listing was not able to be verified. If the family member does not vacate at closing, the buyer will need to evict at their cost. Any contents remaining will be the buyer's responsibility to remove. Subject to DSS & Probate Court approval. Association has right of first refusal.
| Type | Level |
|---|---|
| Bedroom 1 | Upper |
| Kitchen | Main |
| Living Room | Main |
| Primary Bedroom | Upper |
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $32,000 | $32,000 | $32,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.375% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.533% | 6.533% | 5.668% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $187 | $200 | $259 |
| Total Monthly Payment | $262 | $275 | $334 |
* 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.