Description
September 2024 3.99% Conventional 2-1 Buy-Down Special for Qualified Buyers!! Rare 2-Story Townhomes in Wake Forest The Southport plan offers 3 beds, 2.5 baths, open living, and screened porch for outdoor living. Prime location with greenway access and convenient shopping just steps away. Key Features: 3 bedrooms, 2.5 baths Spacious great room Outdoor living space Screened in Porch Greenway access Convenient shopping Unique 2-story layout Explore luxury living today! Contact us for details and tours. Don't miss out on this exceptional opportunity. Selection Sheets in Documents 1. Contract with Drees by 9/30/24 and close with FEM by 10/31/24. 2. Conventional fixed rate 5.99% interest rate with a year 1 rate of 3.99% 3. 6.057% APR 4. 2-1 Interest Rate Buydown (3.99% year 1, 4.99% year 2 then 5.99% for years 3-30) 5. Maximum loan amount $766,550 (except for the Super Conforming counties in TN, VA and MD) 6. 20% down payment required 7. 760 minimum credit score 8. 4% of loan amount contribution from Drees (MAXIMUM 3% of sales price contribution in Raleigh) required to fund the buy-down escrow account and discount points 9. Additional buyer funds cannot be used to fund the buy-down escrow account
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3BEDS
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0.04ACRES
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2BATHS
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11/2 BATHS
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1,631SQFT
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$217$/SQFT
School Information
Listing courtesy of Drees Homes: . © 2024 Doorify MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
Description
September 2024 3.99% Conventional 2-1 Buy-Down Special for Qualified Buyers!! Rare 2-Story Townhomes in Wake Forest The Southport plan offers 3 beds, 2.5 baths, open living, and screened porch for outdoor living. Prime location with greenway access and convenient shopping just steps away. Key Features: 3 bedrooms, 2.5 baths Spacious great room Outdoor living space Screened in Porch Greenway access Convenient shopping Unique 2-story layout Explore luxury living today! Contact us for details and tours. Don't miss out on this exceptional opportunity. Selection Sheets in Documents 1. Contract with Drees by 9/30/24 and close with FEM by 10/31/24. 2. Conventional fixed rate 5.99% interest rate with a year 1 rate of 3.99% 3. 6.057% APR 4. 2-1 Interest Rate Buydown (3.99% year 1, 4.99% year 2 then 5.99% for years 3-30) 5. Maximum loan amount $766,550 (except for the Super Conforming counties in TN, VA and MD) 6. 20% down payment required 7. 760 minimum credit score 8. 4% of loan amount contribution from Drees (MAXIMUM 3% of sales price contribution in Raleigh) required to fund the buy-down escrow account and discount points 9. Additional buyer funds cannot be used to fund the buy-down escrow account
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Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2024-10-07T15:50:31.907.