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TOP FLOOR, DESIGNER FURNISHED CONDOMINIUM IN NEW WELLEN PARK GOLF & COUNTRY CLUB IN VENICE. THIS IS SPACIOUS END UNIT ON THE TOP FLOOR WITH FRONT AND BACK PORCH. THIS 2 BEDR. / 2 BATH 2 ND FLOOR UNIT GIVES YOU A BEAUTIFUL TRANQUIL VIEW OVER THE NEW GOLF COURSE AND FOR A TRANSFER FEE OF $ 100 YOU ARE ABLE TO PLAY THERE. THERE IS ALSO A 1 CAR DETACHED GARAGE. THE NEW SOUGHT AFTER WELLEN PARK DEVELOPMENT OFFERS RESTAURANTS AND SHOPS AND LOTS OF ACTIVITIES FOR YOU TO ENJOY. FROM ZUMBA CLASSES TO YOGA, WEDNESDAYS LIVE MUSIC AND CORNHOLE TOURNAMENTS, FRIDAY NIGHT LIVE WITH FAVORITE LOCAL BANDS AND MORE. OR YOU CAN SPEND THE DAY AT THE FAMOUS VENICE BEACH LOOKING FOR SHARK TEETH OR STROLL DOWN VENICE MAIN STREET WITH LOTS OF RESTAURNTS AND SHOPS. ALL TOGETHER THE PERFET PLACE TO BE AND YOU JUST NEED TO BRING YOUR PERSONAL BELONGINGS. OWNER PREFERS 7 MONTHS RENTAL, BUT WILL ALSO AVAILABLE FOR MIN. 3 MONTHS RENTAL. HIGH SEASON (DECEMBER THROUGH APRIL) $5000/MONTH, LOW SEASON (MAY THROUGH NOVEMBER) $ 3200/ MONTH. DURATION 6 MONTHS OR LESS REQUIRE additional tax and all funds paid upfront.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,200
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $2,560 | $2,560 | $2,560 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.050% | 6.132% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $16 | $17 | $21 |
Total Monthly Payment | $91 | $92 | $96 |
* 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.