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Buyer’s incentive, seller now offering $6, 000 towards buyer’s closing costs and interest rate buy down! Located in Silver Springs Shores, this 2 bedroom, 1 bath, 1 car garage home with 904 living sq. ft. is a perfect starter house offering a practical layout and everyday functionality. Luxury vinyl plank flooring runs throughout the main living areas, with tile in wet spaces for easy upkeep. The kitchen features a functional cabinet and counter layout designed for efficient meal preparation while remaining conveniently connected to the dining area. Both bedrooms are comfortably sized and versatile for guest space or a home office. Main bathroom is centrally located between both bedrooms and features a shower/tub combo, providing convenient access from either side. Sliding glass doors off the living area lead to a screened in porch, extending usable living space and offering a relaxing outdoor retreat. This home has a proven record as a rental, making it an appealing option for investors while still offering flexibility for future owner occupancy. Conveniently located near schools, parks, shopping, dining, and major roadways, with easy access to downtown Ocala and surrounding areas. A 1 year home warranty can be provided at closing for added peace of mind. Schedule your private showing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$195,000
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 | $156,000 | $156,000 | $156,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $252 | $252 | $252 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $961 | $985 | $1,295 |
| Total Monthly Payment | $1,288 | $1,312 | $1,622 |
* 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.