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OWNER-FINANCED LAND | 211 BODINE ST --- Forget the headaches, high closing costs, and strict requirements of traditional bank financing. This high, dry, and buildable residential corner lot is located in a quiet riverfront community, designed for a stress-free transition to direct land ownership. Save thousands in financing fees and bank hassles with this premium owner-financed investment. *** PROPERTY HIGHLIGHTS: *** (1) GUARANTEED 0 DOLLARS DUE: Complete municipal lien search completed showing zero outstanding violations or balances. (2) EASY OWNER FINANCING: Buy direct with a 20 percent down payment and monthly payments of only 446. 38 dollars for 48 months at 10 percent interest. (3) ACCESSIBLE POWER: Electric is available nearby in a peaceful neighborhood setting utilizing well and septic systems. (4) LOW-RISK TOPOGRAPHY: High and dry parcel situated entirely within low-risk Flood Zone X, meaning no expensive mandatory flood insurance is required to build. (5) WATERFRONT COMMUNITY: Steps from the Peace River with convenient local access to community boat ramps, parks, and paved road access. *** Skip the bank approval process and utility delays. This lot is priced to sell at $22, 000 dollars cash or via custom terms and is ready for its new owner immediately. *** INVESTOR ALERT: NO CREDIT CHECKS REQUIRED INQUIRE TODAY!
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Our Executive Mortgage Banker:
Our Insurance Division:
$22,000
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 | $17,600 | $17,600 | $17,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $105 | $110 | $145 |
| Total Monthly Payment | $180 | $185 | $220 |
* 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.