Welcome to 1818 Murdock Blvd which is conveniently located in the heart of Orlando and at a price that leaves room for equity-building upgrades! This 3-bedroom, 2-bathroom bank-owned home offers 1, 288 square feet of potential in a prime location, just minutes from shopping, dining, entertainment, and easy access to major highways. This home is perfect for someone looking to build sweat equity or investors seeking a profitable flip. The layout includes a spacious living area, good-sized bedrooms, and a one-car garage. The large backyard and screened porch offers space for outdoor activities or future enhancements. Priced below market value, this property presents a fantastic opportunity to customize and modernize according to your preferences. Whether you’re a first-time buyer with a vision, or an experienced renovator looking for your next project, this home is ready for its next chapter.
HUD Case Number #094-514553 Property is HUD owned & subject to HUD rules. FHA eligibility-With Escrow. Sold As-Is, no post-contract repairs or credits. Buyer to independently verify square footage and all measurements, condition, and HOA information if any. The buyer is responsible for activating utilities for inspection. Investors must complete inspections prior to bidding.
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Our Executive Mortgage Banker:
Our Insurance Division:
$255,000
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 | $204,000 | $204,000 | $204,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $326 | $326 | $326 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,392 | $1,356 | $1,720 |
Total Monthly Payment | $1,793 | $1,757 | $2,121 |
* 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.