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Presented by
Suzanne Tournas |
Amazing Opportunity on the Barrington Line! Don't miss your chance to own this three-bedroom oversized ranch ideally located on the Barrington line in East Providence. This HUD-owned home offers a solid layout, hardwood floors, an attached garage, and a nice-sized lot the perfect foundation for someone ready to build instant equity. With its spacious single-level living and great bones, this home is full of endless potential. Whether you're an owner-occupant looking to customize or an investor searching for your next project, this property is a smart buy in a desirable location. Conveniently located near major routes, shopping, and amenities, this is an opportunity you don't want to sleep on. HUD homes like this don't last bring your vision and make it your own! FHA CASE# 451-090491, UI Un insured, LBP, Eligible for $100. 00 down incentive, Eligible for 203k financing, Sold AS IS by elec. bid only. Prop avail 01/14/20026. Bids due 01/17/2026 by 11: 59PM Central Time then daily until sold Property Bids Open for: Owner Occupants, Nonprofits, and Government Agencies only during this above time
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Our Executive Mortgage Banker:
Our Executive Mortgage Banker:
Our Insurance Division:
$340,000
Sales Associate
William Raveis Real Estate
Phone: 203.246.9424
Suzanne.Tournas@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.2006
Francine.Silberman@raveis.com
NMLS Mortgage Loan Originator ID 69244
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.5535
Mace.Rattet@raveis.com
NMLS Mortgage Loan Originator ID 69957
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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 | $272,000 | $272,000 | $272,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.258% | 6.168% | 5.561% |
| Monthly Tax Payment | $463 | $463 | $463 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,566 | $1,629 | $2,187 |
| Total Monthly Payment | $2,104 | $2,167 | $2,725 |
* 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.