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Seller will contribute FIFTEEN THOUSAND DOLLARS!!!! Use to buy down rate & cover closing costs on this NEW 2024 model single wide manufactured HOME!!! Situated on just over 1 acre with no HOA! Zoned agricultural, so bring your horses and RV too! This home has HUD compliant tie downs and is eligible for FHA, VA and of course conventional & cash! For specialty financing options, seller recommends contacting a lender that specializes in this type of home! Options include Triad Financing, 21st Mortgage or Cascade Financial. Such a great location! Ocala is loved for its blend of equestrian prestige and outdoor adventure. Known as the “Horse Capital of the World, ”home to the World Equestrian Center and surrounded by natural beauty including Silver Springs State Park and the Ocala National Forest. Enjoy nearby kayaking, hiking, horseback riding, and a vibrant historic downtown with shops, dining, and local events year round. A nice escape from the concrete jungle! This is a refreshing change of scenery that allows you to enjoy a wooded view instead of the barren new home community vibe. The main living space and kitchen have pitched ceilings and great natural light. The mid tone wood cabinets are a nice compliment to the laminate floors and neutral paint scheme. Kitchen layout includes a breakfast bar, decent storage & stainless appliances. The primary suite has an ample closet, garden tub & shower. The additional 2 bedrooms share a bath. Everything is tidy and in move-in condition. Sellers will even leave home furnished! This is such an affordable way to have it all, land & space to spread out! The land is mostly sand because it's been cleared so you don't have to! But sod will be a welcomed improvement!
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Our Executive Mortgage Banker:
Our Insurance Division:
$184,900
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 |
|
|---|---|---|---|
| Loan Amount | $147,920 | $147,920 | $147,920 |
| 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% | 6.652% | 5.952% |
| Monthly Tax Payment | $243 | $243 | $243 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $911 | $934 | $1,228 |
| Total Monthly Payment | $1,229 | $1,252 | $1,546 |
* 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.