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This well-maintained condo is part of the Chandler Oaks community, positioned as a single unit within a quiet quadruplex. The location offers convenient access to downtown Gaffney, several parks, and the Frederick Street corridor, with Limestone University nearby—making it an excellent choice for students or faculty seeking convenient housing. The property presents an affordable opportunity for a first-time homeowner or a promising investment for a new or seasoned landlord. Community association management, provided by PMI Upstate SC, offers optional property management services for individual units. The condo is sold as-is and features fresh interior paint, new carpeting, and professional cleaning. All appliances, fixtures, electrical, and plumbing systems are reported to be in good working order. Accounts for taxes, HOA dues, and public services are current and in good standing. The seller is an out-of-state owner who has never occupied or leased the property and has limited firsthand knowledge. Buyers are encouraged to conduct a thorough inspection prior to closing. Room dimensions are approximate. Listing note: Seller is a licensed real estate agent and represents himself as the listing agent.
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Our Executive Mortgage Banker:
$55,000
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 | $44,000 | $44,000 | $44,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.533% | 5.794% |
| Monthly Tax Payment | $102 | $102 | $102 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $260 | $275 | $360 |
| Total Monthly Payment | $437 | $452 | $537 |
* 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.