Silver Springs Shores as a potentially growing area with opportunities for businesses, dining options, and new neighborhoods. I have hundreds available for negotiation. To get detailed information on each lot's zoning and utility status, you'll need to engage in thorough due diligence. Contact the local planning or zoning department to inquire about the zoning regulations for each lot. This will help you understand how the land can be used. Reach out to the local utility companies to verify the availability of essential services such as water, electricity, gas, and sewage on each lot.
Consider hiring a professional land surveyor to provide accurate information about the boundaries and topography of each lot. Investigate any potential environmental concerns in the area, such as flood zones, soil quality, or protected habitats. Research the local real estate market to understand property values, trends, and demand in the area.
If possible, conduct site visits to get a firsthand look at the lots and their surroundings. This can provide valuable insights into the local environment.
Remember, due diligence is crucial in real estate transactions, and thorough research will help you make informed decisions and negotiate effectively.
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Our Executive Mortgage Banker:
Our Insurance Division:
$119,000
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
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $95,200 | $95,200 | $95,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $633 | $625 | $803 |
Total Monthly Payment | $708 | $700 | $878 |
* 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.