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*** Calling for Highest and Best -- deadline is Tuesday, 5/7, 6pm *** Investor Special with Endless Potential – 2 Bed, 2 Bath on 1. 5 Acres! Looking for space, privacy, and a project with big upside? This 2-bedroom, 2-bathroom home offers 1, 917 square feet of opportunity on a generous 1. 5-acre lot — perfect for those seeking peaceful country living with room to grow. Enjoy plenty of space both inside and out, including an attached 2-car garage and a detached 2-car garage/barn/workshop – ideal for storage, hobbies, or your next big project. While the home needs significant work, it’s a fantastic investor special or a dream for a buyer with vision. Appraised in 2024 for more than the current list price, this property offers built-in equity and long-term value. Renovate to your taste and create the perfect private retreat, with no close neighbors and the tranquility of rural life. Conveniently located 25–30 minutes to Fountain Inn and Simpsonville, and only 45 minutes from Greenville, you’ll have both seclusion and accessibility. Bring your vision and turn this property into something truly special!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $148,000 | $148,000 | $148,000 |
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% | 6.112% |
Monthly Tax Payment | $213 | $213 | $213 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $923 | $972 | $1,239 |
Total Monthly Payment | $1,211 | $1,260 | $1,527 |
* 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.