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BACK ON THE MARKET AND PRICE REDUCED !!! If you are seeking land in the country to build, develop, or farm, this land is perfect. It was previously farmed for agricultural use and for hay crop. Property is listed as one parcel, but seller is willing to split property into two parcels if buyer doesn't need the entire 25. 26 acre parcel. The land split will be approx 17. 24 acres and the remaining parcel will be approx. 8 acres. Survey is on file for the entire parcel, but will be surveyed out if the buyer purchases only one of the parcels. The land has recently been mowed, so you can see the full potential of what the land has to offer. Property has a barn that needs repair due to recent storm(s), pecan and oak trees were left for future shading and has a 6'' well and septic tank on the property. Has direct access from paved road (county maintained with an easement for easy access.
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Our Executive Mortgage Banker:
Our Insurance Division:
$505,200
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 | $404,160 | $404,160 | $404,160 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,421 | $2,552 | $3,356 |
| Total Monthly Payment | $2,513 | $2,644 | $3,448 |
* 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.