CALLING ALL INVESTORS AND HANDYMEN!!! Be the first to come and see this "Diamond in the Rough. " This is your Opportunity to be able to pick up a Fixer-Upper for a Great Price!!! This Property will need a good renovating and overhaul. But to the trained eye and right investor, this project could turn out to be a gold mine. Certainly, this property will be one to add to the portfolio after its completed. Whether you plan to resell, rent, short term lease, lease to own or simply fix it up for your next personal domicile you won't want to let this one slip away. This is truly a, "few and far between" opportunity. Bring your checkbook to this appointment. Call your agent today. . . . (AS-IS SALE) Additional Information: HeatingFuel: Oil Above Ground, ParkingFeatures: 1 Car Detached, Appliances: Electric Water Heater ConstructionDescription: Wood Siding,
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Our Executive Mortgage Banker:
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William Raveis Real Estate
Phone: 888.699.8876
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VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $79,600 | $79,600 | $79,600 |
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 | $85 | $85 | $85 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $530 | $529 | $683 |
Total Monthly Payment | $690 | $689 | $843 |
* 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.