Live the Florida lifestyle in this home that is less than a 5 minute drive to the river!
3 bedrooms, 2 bathrooms, no garage
City water & sewer
0.17 acre lot
1,463 square feet
We believe that everyone deserves a house to call their HOME. Yet, some people don't qualify to purchase their dream home for their family, so we've come up with a solution. Seller financing! Not your traditional bank mortgage, so if you qualify for a mortgage this is NOT for you. Seller financing rates are more expensive than traditional banks, but are headache free since they don't require the paperwork that banks require. Close and be in your home in as little as 10 days!
Only requirements, downpayment and must make 3 times monthly mortgage payment ($3,675). Proof of income required through paystubs, bank deposits and/or taxes.
Price: $157,000 AS IS
Minimum down required: $25,000 (the higher down, the lower the monthly payment)
Balance: $132,000 @ 10.99% APR, with 4 points origination fee, amortized over 40 years
NO pre payment penalty
Principal & Interests monthly payments: $1,224.30
Amount needed to close:
Down: $25,000 +
Mortgage Origination Fee 4 points: $4,880 +
Title Company Closing costs estimate: $3,140 (Seller will pay for Title Insurance only, Buyer will pay for everything else) +
1-Year pre-paid Insurance Estimate: $1,200 (Buyer can shop for this)
Estimated total to close transaction: $34,220
Property Taxes to be prorated: Buyer is required to sign up for the quarterly installments.