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Must-see condo in Inverrary at a great price! AND LOCATION 2/2 unit with central A/C, washer & dryer inside READY TO MOVE . Safe community with full amenities: pool, basketball court, gym, tennis, clubhouse & 24/7 security. All ages welcome! HOA covers pest control, water, hot water, basic cable & Manors club membership. This opportunity will not last long. The price has been reduced because the seller needs a quick closing. The seller will pay the special assessment through February 2027. The HOA is current and up to date. Rentals are not permitted during the first two years of ownership. Please review the comparable sales to appreciate the value at this price. The seller will use the seller's preferred title company for both the buyer and seller. HOA approval requires a minimum annual income of $42, 000 for a single applicant or $54, 000 for a married couple. Buyers must provide complete copies of their last two years of income tax returns, including all pages. Cash buyers only. The price is firm, and the seller will not accept offers below the asking price. The unit has no open permits or code violations. Buyers will have a 5-day inspection period. This is a beautiful condominium community. Please schedule all showings through Showing Request. Offers from buyers who have not personally viewed the property will not be considered. The unit is in excellent condition.
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Our Executive Mortgage Banker:
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$47,000
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 | $37,600 | $37,600 | $37,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.866% |
| Monthly Tax Payment | $289 | $289 | $289 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $225 | $237 | $310 |
| Total Monthly Payment | $589 | $601 | $674 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.