1 acre in Lithia - this is the freedom you have been looking for with NO HOA or CDD! The land is fenced in and has a home PLUS a detached 2 car garage/workshop, shed. This 2 bedroom and 1 bathroom single family home offers flexibility in it's floorplan. The main living area includes a spacious family room, kitchen and dining area. There is an additional enclosed 'Florida' room on the back that has many possibilities. Easy commute to Tampa, Interstate, shopping and eateries. It's good to be home. Property was built prior to 1978, Lead Based Paint Potentially Exists. Case #093-937618 Go to www. hudhomestore. gov for bid timeline, disclosures, read property condition report & other forms. PROPERTY HAS BEEN DEEMED ‘UI’ MEANING ‘UNINSURABLE BY THE SELLER. Property requires extensive repairs after the close of escrow and is not eligible for FHA mortgage insurance in the property’s as is condition. This home is owned by HUD – Housing of Urban Development. “All properties sold as is without any guarantee or warranty by the seller’. All buyers must be accompanied in by a representing RE agent. All measurements are estimates. 5 day owner occupant first look period.
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Our Executive Mortgage Banker:
Our Insurance Division:
$284,000
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 | $227,200 | $227,200 | $227,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | $135 | $135 | $135 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,512 | $1,510 | $1,916 |
Total Monthly Payment | $1,722 | $1,720 | $2,126 |
* 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.