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Cash sale. Or, for a qualified buyer the owner/park owner may consider a rent with option to buy deal, or an owner financing deal. Buyer/tenant must have a minimum of 20, 000 to put down and have credit over 600. This renovated 2-bedroom, 1-bath mobile home in Hudson offers an affordable opportunity for ownership in a convenient location just minutes from downtown. Recent updates include fresh interior paint, new carpet, new laminate flooring, and an updated kitchen, making this home move-in ready. It also features a newer high-efficiency natural gas furnace, updated vinyl replacement windows, newer skirting, and a vapor barrier. The monthly lot rent is 675 and includes property taxes. Water/sewer and garbage are paid separately by the homeowner and typically run around 100 per quarter (approximately 400 annually). Buyers must be approved by the park, which requires a credit score of at least 600 and sufficient income to support the lot rent. With essential mechanical updates and stylish new finishes, this home offers excellent value in a convenient Hudson location.
Information is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Source: Hudson Valley Catskills Region
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William Raveis Real Estate
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NMLS Mortgage Loan Originator ID 81725
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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 | $38,000 | $38,000 | $38,000 |
| 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% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $234 | $240 | $316 |
| Total Monthly Payment | $309 | $315 | $391 |
* 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.