Approximately 3 acres, wooded, very nice tract located in Campobello on Rainbow Lake Road! School District 1 in Spartanburg County! Good topography with level to rolling terrain. Conveniently situated close to Highway 9 and Highway 11 for an easy drive to town. Property will require a new survey with a time frame of 6 weeks to complete. Property is subject to rollback taxes; estimate for rollback taxes per Spartanburg County is $1100 per acre, total of $3300 for 3 acres. ICWD has water on the road, estimated tap and meter is $3450. Please confirm rollback taxes and water information provided with appropriate contact.
5385 Rainbow Lake Road, Campobello, SC, 29322
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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