This forthright offer is intended to benefit both parties and is only for committed buyers. NO REALTORS! Amazing location with shopping, restaurants, entertainment, banks, parks within walking or very short driving distance. Legacy Point Theater only a 5 minute walk. The unit is only 3 years old and is a very clean with a pool and playgrounds. Excellent schools, quiet, and family friendly. Only a 20 minute drive to downtown SLC. The condo is pet-free, smoke-free. Vaulted ceilings, fireplace, travertine back splash and under-lighting in kitchen. This is a top floor unit with beautiful views of Bountiful mountains and temple. Appliances include: Refrigerator, microwave, range, dishwasher, washer and dryer. We recently joined the military and would like to do a mortgage assumption as it creates a win-win. You get an unbelievably low rate as well as equity already placed in the home. We are able to avoid a long painful short-sale process. In a mortgage assumption the buyers name replaces the sellers name on the loan. In this case giving you an AMAZING interest rate at 3.375%. Current balance on the HOA loan: $141,000 Principal and interest $639.85 Mortgage insurance $146.84 Property Taxes $87.54 Total Monthly: $874.23 On July 1st 2017, if the unpaid balance is $116,984.01 at that point the mortgage insurance will drop off. Making monthly payments only $727.39 What is REQUIRED for a buyer to qualify? -Buyer must be purchasing property for primary residence for the first 2 yrs -An application packet must be filled out through Wells Fargo ($11) -When qualified a fee of $508 must be paid to to Wells Fargo to assume the loan -Title company fees are to be paid by buyer (Approximately $800, varies) -$3000 to seller for equity invested in the home TOTAL COST FOR BUYER: Approximately $145,319 ($141,000 plus $4,319.) This forthright offer is intended to benefit both parties and is only for committed buyers. NO REALTORS!
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