Discover your slice of paradise in Inverness, Florida, where opportunity knocks on the door of this expansive vacant lot. This gem is nestled in an up-and-coming neighborhood, offering the perfect canvas for you to paint your dream home masterpiece. Picture yourself sipping lemonade on the porch of your future abode, surrounded by the natural beauty of Florida's landscape. With an oversized lot at your disposal, the possibilities are as endless as the Florida sunshine. For those with growing families, rest easy knowing that Citrus High School is within reach, ensuring quality education is never far from home. And when it's time to stock up on essentials, Publix Super Market Plaza Inverness is conveniently located nearby, making grocery runs a breeze. This property isn't just a plot of land; it's a blank page waiting for your story to unfold. Whether you're a first-time homebuilder or a seasoned property developer, this lot offers the perfect foundation for your next chapter. So, why wait? Seize this golden opportunity to create the home you've always dreamed of in a community that's on the rise. Your future neighbors can't wait to welcome you to this little slice of Florida heaven!
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Our Executive Mortgage Banker:
Our Insurance Division:
$25,000
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 | $20,000 | $20,000 | $20,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $133 | $133 | $171 |
Total Monthly Payment | $208 | $208 | $246 |
* 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.