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Under contract-accepting backup offers. Under Construction. Nearing completion, this thoughtfully designed new home blends modern style with quality finishes in the heart of historic Sanford. Tile flooring flows throughout the bright, open interior, while the clean exterior design with contrasting trim creates striking curb appeal and a refined contemporary look.
Seller is offering $10, 000 toward the buyer’s closing costs, plus an additional $3, 500 if the buyer uses the broker’s preferred lender. The additional incentive may be applied toward allowable closing costs or prepaids, subject to lender approval.
The open-concept layout includes granite or quartz countertops in the kitchen and bathrooms, along with brand-new stainless steel appliances.
Located just minutes from Downtown Sanford’s restaurants, boutiques, Farmers Market, and scenic Riverwalk, this home combines the benefits of new construction with an unbeatable location. Schedule your private showing today.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$340,000
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 | $272,000 | $272,000 | $272,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.628% | 5.933% |
| Monthly Tax Payment | $22 | $22 | $22 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,653 | $1,717 | $2,259 |
| Total Monthly Payment | $1,750 | $1,814 | $2,356 |
* 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.