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Discover the gem of Inman with this all-brick home, poised as a delightful canvas for your creative vision. This property boasts an expansive lot with 1. 8 acres that provides ample room for outdoor activities, gardening, or future expansions. Step inside to find a spacious 1, 984 square foot interior that includes three bedrooms and two and a half bathrooms. The primary bedroom offers generous space and natural light. Experience comfort in the living areas which both have fireplaces. Renovation enthusiasts and investors will find this home a special treat - labeled an 'investor special, 'it is sold "as is, " offering a unique opportunity to enhance, customize, and potentially increase its value through improvements. While this residence holds great potential on its own, its location amplifies its appeal. Enjoy the peace of rural living without sacrificing convenience, as this home provides easy access to local amenities and community hubs. Whether you're looking to craft your dream home or seeking a promising investment, this property encapsulates a blend of potential and opportunity waiting to be realized. Embrace the chance to imprint your style on this inviting home and bask in the growth and transformation it promises.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $120,000 | $120,000 | $120,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.037% | 6.066% |
Monthly Tax Payment | $120 | $120 | $120 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $749 | $788 | $996 |
Total Monthly Payment | $944 | $983 | $1,191 |
* 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.