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Discover the opportunity to build your dream home on the LAST Valley Villas lot available inside the exclusive, gated Cliffs Valley community. This is a very gently sloped home site backing up to a babbling creek with long range mountain views. Enjoy immense privacy with no home sites directly across the street, a cul-de-sac to one side and a quick stroll or bike ride to the clubhouse a few streets away. This home site does not come with the requirement to pay for or access the Cliffs community amenities. While this lot is being sold by a local custom builder with lot specific build plans ready to go, buyers are also welcome to bring their own builder. Situated just 15 minutes from the shops and top restaurants of Traveler’s Rest, 10 minutes from the award winning Hotel Domestique & Restaurant 17, 20 minutes from Hendersonville and its popular Sierra Nevada brewery, and 30 minutes from charming downtown Greenville, you’ll enjoy the tranquility, privacy, and exclusivity of The Cliffs while being mere minutes from the best parts of the Carolinas. All homes in the community also enjoy special access to a picturesque mountain cottage right out of a storybook which can be reserved for visitors. Please inquire with listing agent to explore potential build renderings and view this rare home site.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $127,752 | $127,752 | $127,752 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.025% | 6.132% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $807 | $839 | $1,069 |
Total Monthly Payment | $882 | $914 | $1,144 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.