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Please note that the property is landlocked. This exceptional 28. 64-acre wooded parcel offers an ideal canvas for a new home build, mobile home placement, or as an excellent hunting tract. Situated conveniently within a 10-minute drive from North, SC, and I-26, this land presents various possibilities. Acquired through a tax auction, the property will be transferred via a quit claim deed. Prospective buyers are strongly advised to seek guidance from a real estate attorney to fully comprehend the intricacies associated with a quit claim deed. The Orangeburg County GIS # is 0121-00-01-013 for reference. Cash purchase is mandatory. Both buyers and their agents bear the responsibility of conducting thorough due diligence concerning easements, perc tests, deed considerations, and otherand other relevant aspects. The property is currently zoned as agricultural land.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $56,000 | $56,000 | $56,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.695% | 6.810% | 6.026% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $322 | $359 | $465 |
Total Monthly Payment | $397 | $434 | $540 |
* 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.