Under contract-accepting backup offers. 1.8 acres of beautiful high and dry brush cleared land (trees remain). Located 6 minutes from the villages and all the shopping, golf, restaurants and lifestyle that location affords. Located on a private unpaved road directly off the beautiful oak tree lined Lady Lake Blvd. There is an uninhabitable manufactured home on the property, so impact fees won't be a problem. Additionally, there is well and sewer, but the condition of these and all aspects of the property is the sole responsibility of the buyer to investigate and inspect as the seller has never lived on the property and has not had any inspections. Willing to hold financing for approved buyer with 25k down 2 year balloon and monthly payments of $975 p.m. P and I. See attached survey.
Seller is Florida Licensed Real Estate Broker
128 MOCKINGBIRD LANE, Lady Lake, FL, 32159
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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