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Affordable Florida living with no HOA and no flood insurance required. This well-maintained three-bedroom, two-bath home offers an excellent opportunity for buyers where you own your land. Cash only, the property is very clean, partially furnished, and ready for its next owner. Inside, the home features an open kitchen layout with plenty of cabinet space and a convenient breakfast bar, perfect for casual meals. A separate dining area sits just off the kitchen, creating a comfortable flow for everyday living. One of the standout features of the home is the Large Florida Room that spans the entire back of the house, providing a bright and versatile space that can be used for relaxing, entertaining, or additional living space year-round. Additional features include a covered carport for parking, ramp access along the side of the home for easy entry, and a laundry area located at the rear of the house next to the kitchen. The home has been well cared for and presents a great opportunity for buyers looking for a primary residence, seasonal retreat, or investment property. Summerfield offers a convenient Central Florida location just minutes from The Villages, where you will find extensive shopping, dining, golf courses, and daily entertainment. The area also provides easy access to Lake Weir for boating and fishing, as well as nearby parks and outdoor recreation. With Ocala and Interstate 75 a short drive away, residents have convenient access to medical facilities, restaurants, and additional shopping while still enjoying the quiet feel of a residential community. This property offers a combination of value, location, and potential for buyers looking to enjoy the Florida lifestyle.
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Our Executive Mortgage Banker:
Our Insurance Division:
$132,000
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 | $105,600 | $105,600 | $105,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.258% | 6.304% | 5.628% |
| Monthly Tax Payment | $124 | $124 | $124 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $608 | $642 | $856 |
| Total Monthly Payment | $807 | $841 | $1,055 |
* 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.