MULTIPLE OFFER NOTIFICATION Offers due Monday Sept 16th at 2pm. . . . ATTENTION INVESTORS, CONTRACTORS and HOMEOWNERS looking to build SWEAT EQUITY!! Highly desirable Billerica single family with an acre of land!! Recently vacant 3 Bedroom 1 full bath home with a flexible floor plan that is perfect for a family. Potential for a 1st floor additional bedroom or an office. IT IS LISTED LOW AT OVER 100K BELOW ASSESMENT!! The seller chose an "unconventional" listing strategy with a list price BELOW MARKET so we could be sure to secure a quick sale. This house has great potential. . . Offers likely to be made over list price. Property is being sold "AS IS" and will be sold to the strongest offer. This is NOT a bank owned property. Seller reserves the right to accept or reject any offer at their discretion. Seller makes no warranties or representations. Buyer/Buyer's Agent to do their own due diligence. TOWN WATER & SEWER. Allen Rd is currently being upgraded with NEW GRANITE curbing and sidewalks
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $300,000 | $300,000 | $300,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $452 | $452 | $452 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,823 | $1,823 | $2,371 |
Total Monthly Payment | $2,350 | $2,350 | $2,898 |
* 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.