According to analysts, there will be a 4% increase in home prices by 2025. . . and with dropping interest rates, I'd schedule a showing today of this promising property before you tell yourselves, "Shoulda', coulda', woulda'. . . "
The average rate on a 30- and 15-year mortgage is around 6. 0% - 6. 7%! Maybe you ought to call your lender now because as interest rates drop, the demand for housing will increase. . . so don't miss out, make the call, and schedule your showing today of this home-sweet-home which is under an ASSUMABLE VA LOAN at 3% (approximate balance $256k) - consult with your lender about assuming this home mortgage loan at just 3% interest rate.
About the property:
•Located in the highly sought-after community of Rosewood, minutes from NEW CHARTER SCHOOLS, commerce, and public transportation.
•Custom built SALTWATER POOL home located in the highly sought after community of Rosewood in Florida's New Port Richey, Pasco County.
•NON-FLOOD Zone, LOW monthly HOA fees of just $42 and LOW PROPERTY TAXES in comparison to others, make this home-sweet-home HIGHLY ELIGIBLE FOR MANY FUTURE HOMEOWNERS.
This impressive home comes fully equipped with the following beneficial features and ready for your immediate move-in:
•A newly installed shingle roof in 2020.
•Brand new stainless steel kitchen appliances: refrigerator, mounted microwave, dishwasher, electric stove with oven.
•An inside utility room ready with washer and dryer hook-ups and storage cabinets.
•New fresh interior paint throughout the home.
•The family room includes beautiful tall windows and a wood-burning fireplace for those colder nights.
•Not only is there a family room and a dining nook with sliders leading to the pool and backyard, but there is also a separate formal dining area, aside from the formal living room area that also comes with glass sliders leading to the backyard and pool area.
•Retreat to your master where you will find peace and serenity along with your own private bathroom which includes a separate water closet, walk-in shower, garden tub with jets, dual sink vanity, and an oversized ample walk-in closet.
•Ready to chill by the pool? Dip right into your saltwater pool.
•And if you just feel like relaxing by the pool, you’ll greatly appreciate that the lanai is naturally shaded all day long.
•Water Softener Treatment.
•The elegant elevation and the tastefully manicured landscape make this home a must see in person to appreciate all of the wonderful benefits it has to offer its future proud homeowner.
Properties like this are a dream for many, so don't miss out and schedule your showing today!
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William Raveis Mortgage, LLC
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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 | $379,920 | $379,920 | $379,920 |
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 | $346 | $346 | $346 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,528 | $2,525 | $3,258 |
Total Monthly Payment | $2,949 | $2,946 | $3,679 |
* 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.