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Rural residential opportunity. Parcel is landlocked with access via a recorded 10-foot right-of-way crossing a bridge per survey and deed reference (Liber 63 Page 428). Buyer to verify permitted use, continuity, and insurability of access Existing single-family home with addition, approximately 1823 square feet, configured as 3 bedrooms and 2 full bathrooms per owner. Last known occupancy was in 2020. Property has been vacant since; overall condition is unknown. Buyer to make their own independent assessment of condition, habitability, and suitability. Owner reports they have continued to maintain insurance coverage and pay taxes on the home; no representations are made as to insurability, condition, or suitability for occupancy. Also listed as land OneKey® MLS: 943648 Property is serviced by a private septic system and private well. Property sold AS-IS. Buyer to perform all due diligence prior to contract.
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Our Executive Mortgage Banker:
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$299,000
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
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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 | $239,200 | $239,200 | $239,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.322% | 6.156% | 5.415% |
| Monthly Tax Payment | $579 | $579 | $579 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,377 | $1,433 | $1,907 |
| Total Monthly Payment | $2,031 | $2,087 | $2,561 |
* 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.