This home was a victim of Hurricane Helene. Home was flooded and has not been repaired. The ARV is coming in at $225k-$250k. So that leaves investors with plenty of room to fix and flip this home. We are considering those who wish to do a rehab loan (FHA 203k), who wish to finance with a Conventional loan so long as the appraisal is waived, or a cash buyer.
Type:
Single-family residential
Subdivision:
FLORIDA GARDEN LANDS REV M
Utilities
Cable Connected, Electricity Connected, Sewer Connected
Appliances:
Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
Min Lease Term:
No Minimum
12413 Phillips LANE, Gibsonton, FL, 33534
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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