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Presented by![]() Tanya Sprague |
SPRING IS SPRINGING! Have you been DREAMING all winter of BUILDING a TINY HOUSE, maybe a self sufficient Off Grid or SOLAR HOME or maybe you are ready for a retirement getaway and want land that is easy to build on? This enchanting parcel of land with long range views can fulfill that DREAM, and more! Deemed a "grandfathered" building lot by the "powers that be" (aka Town of Colrain), which means it "was" a building lot prior to the town changing the minimum size & frontage requirements. . . . . Which is great news for such a beautiful magical spot! Open and wooded, level and gentle slope, rough driveway in, lupines galore. This lot was perc tested 8/1/2023 so it is FRCOG approved and ready! Take a drive by this beautiful spot. . . . . sit a spell, breathe the fresh air, enjoy the open area and long range view or take a walk to explore the woods, stone walls and more. Then imagine planning and building your forever dream home here! You'll be glad you did!
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Our Executive Mortgage Banker:
Our Executive Mortgage Banker:
Our Insurance Division:
$60,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 203.247.4754
Tanya.Sprague@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.5535
Mace.Rattet@raveis.com
NMLS Mortgage Loan Originator ID 69957
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.2006
Francine.Silberman@raveis.com
NMLS Mortgage Loan Originator ID 69244
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $48,000 | $48,000 | $48,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 7.000% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.176% | 6.298% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $303 | $319 | $405 |
Total Monthly Payment | $378 | $394 | $480 |
* 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.