Drastically reduced!!! Motivated Seller!!! This is not a Short Sale or a foreclosure, quick close!!! Investor special; Land is currently valued at $375k -- w/ a C-1 Zoning!This Lake Fairview lot has the opportunity to be your diamond in the rough. The site has a boat dock that is all ready for you to add your own custom boathouse. Currently the lot has a 1617 sq foot building that has endless possibilities. If you have the desire to design you own floor plan, this is the place to make your dreams come true. The structure is grandfathered in, so use as residential is permitted. If you remove this structure it will change the use to commercial. Priced well below market, the value is primarily in the land. Bring all offers.
Features:
General:Pets allowed Community:Community boat facilities Roof:Shingle roof Utilities:Septic sewer system
, Public water supply
, TV cable available LotSize:Lot size is between 1/2 and 1 acre Recreation:swimming pool
, In-ground swimming pool
, Boat dockage Scenery:Lake access
, Lake view
, Lake frontage
, Waterfront property
, Waterview
Listing Courtsey of : Weichert, Realtors Hallmark Pr
Mortgage Information Provided by:
A Direct Mortgage Lender offering
mortgages with NO MORTGAGE LENDER FEES and the GuaranteedBest Mortgage Rates in Orlando.
Call 888-424-8879 Today!
FHA Mortgage Financing
$0 Mortgage Lender Fees
Mortgage Processing
$ZERO
Mortgage Underwriting
$ZERO
Mortgage Origination
$ZERO
Appraisal Fee
$350
FHA Title Agent Fees
Closing Fee
$300 - $600
Owners Title Insurance*
$1,149.00
Title Endorsements
$162.00
FHA Government Fees/Taxes
Mortgage Recording
$155
Mortgage Doc Stamps
$682.00
Mortgage Taxes
$390.00
Deed Doc Stamps*
$1,364.00
The scenario above is a Federal Housing Administration Insured Mortgage Loan for a One Hundred and Ninety Four Thousand Eight Hundred and Thirty Three dollar mortgage with a down payment of Six Thousand Nine Hundred and Ninety Six Point Five dollars and an annual percentage rate of Four Point Sixty Three percent.
FHA Mortgage Details
Down Payment
$6,996.50
Mortgage Amount
$194,833.00
Mortgage Rate
3.75%
Annual Percentage Rate
4.63%
Program
30 Year Fixed
FHA Payment Details
Mortgage Payment
$608.85
Mortgage Insurance
$146.00
Total
$754.85
Disclaimers: Not all borrowers will qualify for best rate, rates quotes based on well qualified borrowers, 800+ credit score, debt to income ratio 31%/41% or less, minimum $3,653.12 in reserves after closing, no previous bankruptcy or foreclosure, less than 20% payment shock, and acceptable property. Mortgage Rates and Fees Subject to Change
Conventional Mortgage Financing
$0 Lender Fees
Mortgage Processing
$ZERO
Mortgage Underwriting
$ZERO
Mortgage Origination
$ZERO
Appraisal Fee
$350
Conv. Title Agent Fees
Closing Fee
$300 - $600
Owners Title Insurance*
$1,149.00
Title Endorsements
$142.00
Conv. Government Fees/Taxes
Mortgage Recording
$155
Mortgage Doc Stamps
$560.00
Mortgage Taxes
$320.00
Deed Doc Stamps*
$1,119.00
The scenario above is a Conventional Mortgage Loan for a One Hundred and Fifty Nine Thousand Nine Hundred and Twenty dollar mortgage with a down payment of Thirty Nine Thousand Nine Hundred and Eighty dollars and an annual percentage rate of Three Point Seventy Eight percent.
Conv. Mortgage Details
Down Payment
$39,980.00
Mortgage Amount
$159,920.00
Interest Rate
3.75%
Annual Percentage Rate
3.78%
Program
30 Year Fixed
Conv. Payment Details
Mortgage Payment
$499.75
Mortgage Insurance
None
Total
$499.75
Disclaimers: Not all borrowers will qualify for best rate, rates quotes based on well qualified borrowers, 800+ credit score, debt to income ratio 31%/41% or less, minimum $2,998.50 in reserves after closing, no previous bankruptcy or foreclosure, less than 20% payment shock and acceptable property. Mortgage Rates and Fees Subject to Change
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