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Discover a beautiful, gently sloping 2. 5-acre homesite at 7 Day Lily Lane in The Cliffs at Glassy. This wooded lot has been mostly cleared, offering the perfect balance of natural privacy and a ready-to-build homesite with incredible mountain and Piedmont views from the rear of the future home if designed to capture the scenery. The property offers plenty of potential to create a stunning architectural retreat—even something inspired by the iconic modernist home from North by Northwest. Imagine a custom build designed to take advantage of the dramatic setting, perhaps even including a loft or observatory space to fully enjoy the expansive views below. Practical groundwork has already been completed: the perc test has passed, and the owner will provide a complete set of previously designed home plans for the property with a solid offer, giving buyers a valuable head start on construction. Even better, a Cliffs membership is included with the property—a significant benefit that is not always available when purchasing land in the community. The seller may also consider short-term owner financing for a qualified buyer, and may potentially subordinate to a construction loan, creating additional flexibility for building your dream home in this exceptional mountain setting.
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Our Executive Mortgage Banker:
$99,000
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 | $79,200 | $79,200 | $79,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.407% | 6.577% | 5.986% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $475 | $494 | $658 |
| Total Monthly Payment | $550 | $569 | $733 |
* 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.