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TAKE A LOOK AT THIS PRICE REDUCTION! If you've been looking for a low maintenance home with ease of access to Lake Henderson, this is your place. It's the perfect time to take advantage of this opportunity to own in the beautiful, quaint community of The Moorings for less than $170K. Create your own paradise. The low HOA fee not only includes cable, WiFi, trash service, grounds maintenance and more, the community also has a pool, shuffleboard, and a private boat dock and ramp across the street directly on Lake Henderson for resident use only. Talk about less headache getting out on the lake for a day of fishing or sporting. You'll love the central location to downtown Inverness, which makes it a breeze to enjoy the extensive event calendar and farmers markets held there as well as the local convenience of shopping, Doctors etc. . . With a little love this property can be a show stopper. It's open floor plan with split bedrooms and vaulted ceilings enhance the space. The attached garage is convenient on bad weather days and to keep your car cool in the heat of summer. The enclosed lanai adds to the appeal. If you are looking for a great value in a desirable Inverness community that has all the trimmings for a carefree Florida lifestyle, stop looking - You've found it. Call me today for a tour. I love showing this place off.
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Our Executive Mortgage Banker:
Our Insurance Division:
$169,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $135,200 | $135,200 | $135,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.132% | 5.415% |
| Monthly Tax Payment | $78 | $78 | $78 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $768 | $810 | $1,078 |
| Total Monthly Payment | $921 | $963 | $1,231 |
* 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.