3BR Home in Bradenton , FL

About This Property

SELLER FINANCE in Arbor Grande, Lakewood Ranch 4.000% fixed, no bank qualifying, on a free-and-clear 2017 villa with 3,304 sq ft. The Terms: - Price: $705,475 - Down payment at closing: Contact for details (7%) - Seller-carried note: Contact for details - Interest rate: 4.000% fixed for the full term - Amortization: 540 months - Principal and interest: Contact for details per month - no earlier than month 85 - No prepayment penalty - Late charge: 5% of any payment more than 10 days late - The seller owns the property free and clear no underlying mortgage - At closing the buyer signs the promissory note, a purchase money existing financing in place and a deed held in escrow that returns the property to the seller if a payment is more than 60 days late and not cured within 10 days of written notice - Hazard insurance required, naming the seller as mortgagee and loss payee Known Monthly Carrying Costs (verify independently): - Principal and interest: Contact for details - HOA: $505 per month (Contact for details quarterly) - CDD: Contact for details per year - Property tax: Contact for details (2025, non-homestead) - Insurance: not included Property Highlights: - 3 Bed / 3 Bath, two-story villa, corner/end unit - 3,304 Sq Ft heated (4,030 total) - 0.15 acre lot - Built 2017 | Block construction, tile roof, hurricane shutters - 2-car attached garage - Primary suite and a second bedroom on the first floor; loft with wet bar and an oversized bedroom with full bath upstairs - Screened west-facing lanai - Move-in ready condition - Arbor Grande: gated, clubhouse, fitness center, two heated pools, spa, pickleball, bocce and dog park; across the street from the villa amenities - Minutes to Lakewood Ranch Main Street; Gullett Elementary, Dr. Mona Jain Middle and Lakewood Ranch High Buyer Approval Requirements (the seller is the lender every buyer is screened before contract): - Proof of funds for the Contact for details down payment plus closing costs - Proof of income: last 2 years of tax returns, or 3 months of bank statements, showing the ability to carry the monthly payment, HOA, taxes and insurance - Real estate portfolio: a schedule of properties owned, with current leases and rent rolls for any rentals - Entity documents if buying in an LLC Exit Strategies: - Buy on seller-financed terms and hold for - Refinance or resell before the paying off the seller note at closing - Re-sell on terms to an end buyer Timeline: Closing occurs within 30 days of execution of assignment. Contact AEQUITY for access, lockbox full deal package: Phone: Email: --- Property is being sold AS-IS, WHERE-IS. Buyer to pay all closing costs and title insurance. Cash or hard money only no conventional or FHA financing. All offers require a Contact for details non-refundable earnest money deposit and an average 7-14 day close of escrow. Buyer to perform their own independent due diligence regarding property condition, value, and AEQUITY makes no representations or guarantees concerning property condition, value, characteristics, or rental potential. This is an assignment of contract or equitable interest. AEQUITY does not represent the seller or buyer in this transaction. Equal Opportunity Housing. Broker participation welcome at 3% on top of the buy-now price.