Short Sale. Appraised at 368k on 10/25/2024. Highest and best by 11/7/2024. == Move in ready forever home in the most coveted corner of Lake Mary. The owner’s surprise job relocation offers you the rare chance to snatch up your slice of the Florida Dream at below market value. Needs cosmetic TLC only. Priced below appraised value of 390k.
“Skip the hype. So what makes this place worth the price?”
1) New roof, AC & WH in 2018. Sturdy CBS construction instead of the common flimsy wood frame. 2) Upstairs: Master bedroom/bath, with separate his/her walk in closets. Three more large bedrooms sharing another full bathroom, and all decked out in wood-look luxury laminate flooring. 3) Downstairs: Open floor plan with high grade tile flooring throughout the huge dining/family room combo. Bonus office/guest room with a half bath. Crown molding with accents, high baseboards and ample cabinet space abound. 4) Backyard: No neighbors. Conservation area view from your massive and screened back porch. 5) Low cost and low stress HOA that leaves you alone.
Feel free to soft pitch offers to listing agent before writing anything up. No assignable contracts accepted.
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Our Executive Mortgage Banker:
Our Insurance Division:
$345,160
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
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $276,128 | $276,128 | $276,128 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $329 | $329 | $329 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,837 | $1,835 | $2,368 |
Total Monthly Payment | $2,241 | $2,239 | $2,772 |
* 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.