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Presented by
Calderaio | Garces Group |
PRICE ADJUSTMENT AND CASH BACK AT CLOSING??? The seller has just reduced the price on this property and agrees to add a $5, 000 cash back at closing for prepaids and closing costs. This home is in a nice location and just needs some TLC/updating to bring it back to its glory. Great layout in the home includes a large living room and kitchen/dining area, 2 bedrooms and 1 full bath. This home would be perfect for someone willing to put in some muscle work to have a place of their own with some renovations or it might appeal to an investor to flip/resell it or rent it out after doing some updates. Updated plumbing and wiring have been done in the home saving you the expense. There is a Generac system that conveys with the property. PLEASE NOTE: The furnace in the basement does not work and will need to be replaced. Buyer is responsible for conducting their own due diligence as this an estate sale. Home is sold "as is".
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$130,000
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William Raveis Real Estate
Phone: 561.662.9308
CalderaioGarcesGroup@raveis.com
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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 | $104,000 | $104,000 | $104,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.952% |
| Monthly Tax Payment | $267 | $267 | $267 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $623 | $657 | $864 |
| Total Monthly Payment | $965 | $999 | $1,206 |
* 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.