Edited on November 20, 2024
NEW CONSTRUCTION -- $75, 000 UNDER APPRAISED/MARKET VALUE!!!!! YOU READ THAT RIGHT. This home is brand new (was under contract but fell through at the financing stage). The owner also has the home next door with the exact same floor plan but it has been lived in for about a year. That home was just appraised at $740, 619 (November 20, 2024), although keep in mind that the one for sale has never been lived in. THIS IS A MASSIVE PRICE REDUCTION. This Brand New construction property is now available for under $200/square foot. The seller has authorized this reduction to facilitate an immediate sale. This is the only new home (built in 2024) for sale in the area. For that matter, it is also the only new 6 bedroom/5 bath home for sale in the entire city of Clermont.
The community (Hartwood Landing) is very sought after and in addition to this new home, there are a few pre-existing/used houses for sale. So, it is my job to demonstrate to you why you should consider buying this one instead of one of the older ones. I believe I can do this by asking you three questions. (1) Why would you buy used when you can buy new? (2) Why would you pay more when you pay less? (3) Why would you risk dealing with expensive repairs when this home comes with the builder's warranty?
Let me tell you about this home. It is BRAND NEW AND READY TO MOVE IN. This 6-Bedroom Anna Maria home with bonus room comes complete with many premiums and upgrades. This house is beautiful inside and out.
For those not familiar with this popular model, the Master’s Suite (along with 3 other bedrooms) are located on the first floor and two other suites, each with their own full bathroom, along with an oversized bonus room is located upstairs.
The chef’s kitchen has upgraded appliances counter tops. The laundry room is plumbed with a wash sink. The Master’s Suite is quite large and has 2 walk in closets and the bathroom has top of the line fixtures.
This home is surrounded by some of the top schools in Central Florida and situated directly next door to the 3 model homes in the community.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$665,619
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 | $532,495 | $532,495 | $532,495 |
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 | $103 | $103 | $103 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,543 | $3,539 | $4,566 |
Total Monthly Payment | $3,738 | $3,734 | $4,761 |
* 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.