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Distressed Property. . . Come and see this opportunity to purchase a rare, one story, three bedroom, two bath, townhome. It is being offered strictly in ''as is'' condition as an estate sale. The personal representative for the estate has never lived in the property, and the probate attorney has already secured the ''Consent Order For Sale Of Real Property. '' The list price directly reflects the overall condition of the home and the amount of work required. Any remaining personal property and interior items will convey to the buyer at closing. HOA documents are in the docs tab in the MLS and current HOA fees are unknown to the seller. Please contact your realtor for pdf's. Prospective buyers should note that the previous owners were heavy smokers, which is reflected in the list price. The swill make no repairs to the property. Regarding utilities, the electricity is currently active, but the water and sewer services are off and will not be turned on by the seller prior to closing. Please do not use the restrooms. There are outstanding homeowner association dues attached to the property. The personal representative is working closely with the probate attorney to ensure these dues are fully paid and satisfied out of the seller proceeds at the time of closing.
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Our Executive Mortgage Banker:
$315,000
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 | $252,000 | $252,000 | $252,000 |
| 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% | 6.512% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,509 | $1,572 | $2,076 |
| Total Monthly Payment | $1,584 | $1,647 | $2,151 |
* 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.