Auction Property. ***UPDATED - 09/24/2024*** Are you in the market for a home that promises both challenge and opportunity? Look no further! Nestled in the charming neighborhood of Braden Woods, this 2, 320sqft 3 Bedroom 3 Bathroom Pool Home on 1. 2 Acres offers endless potential for those with a vision and a passion for renovation. From the moment you lay eyes on this home, you’ll see that it’s more than just a house—it’s a canvas waiting for your creativity. This property is the perfect foundation for a renovation enthusiast or a savvy contractor/investor looking to add value. Embarking on a renovation journey is both exciting and rewarding. With this property, you’re not just buying a house—you’re investing in a vision. By focusing on its strengths and addressing its challenges, you can transform this diamond in the rough into a stunning, personalized home that stands out in the neighborhood. If you’re ready to take on a renovation project that promises both potential and satisfaction, this home is waiting for you. Embrace the challenge, unleash your creativity, and turn this property into the dream home you’ve always envisioned. Located in a desirable area adjacent to Lakewood Ranch, this home offers the best of both worlds: a peaceful setting with convenient access to attractive amenities a short distance away.
This property will be Auctioned Online Only. The Price being advertised SHOULD NOT be an indicator of what the property could sell for and is for advertising purposes ONLY. There is no minimum auction start price. Property is being Sold As Is without the Inspection Contingency nor Financing Contingency. Each bidder should complete their inspections prior to bidding. Each bidder will need to Register with the online auction to be able to submit their bids online. REGISTRATION FOR ONLINE AUCTION is OPEN.
The live ONLINE AUCTION WILL START on SEPTEMBER 20th and run until SEPTEMBER 28th at 8: 00PM. Deposit is due MONDAY September 30th, 2024 to Seller's Attorney, and the AS IS Purchase Agreement will be signed within 24 hours of Auction ending. Contact the Listing Agent to schedule INSPECTION of the property BEFORE the bidding ends and for directions to access the online auction for registration and the ability to submit your online bids.
All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Permit Info & Plans available upon request.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $365,431 | $365,431 | $365,431 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 5.990% | 4.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.398% | 6.161% | 5.152% |
Monthly Tax Payment | $242 | $242 | $242 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,220 | $2,189 | $2,866 |
Total Monthly Payment | $2,537 | $2,506 | $3,183 |
* 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.