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Item:302968547168*ALL PAYMENTS ON THIS HOUSE REDUCE THE PRINCIPLE. NO WASTED PAYMENT. BUY THIS $895,000 HOME FOR $895,000. MUST BE SPREAD OUT 15 -20 YEARS. CAN PREPAY EARLY!!! NO BANKS. NO PENALTIES. NO PROPERTY TAXES. WE PAY THEM UNTIL YOU PAY FOR THE HOUSE ENTIRELY....THIS IS A GREAT CHANCE FOR THE SERIOUS HOME BUYER. http://tours.gainesville360.com/public/vtour/display/46197?idx=1 For sale today is a beautiful 5749 SF Executive Home in one of the most prestigious gated communities in North Central Florida, Gainesville Florida. Home to the University of Florida , Gainesville/Alachua county has maintained one of the best ratings for livability with several hospitals nearby, a warm year round climate, the excitement of the University of Florida, the proximity to cultural events, the proximity to natural wonders, like Paynes Prairie, Devils Milhopper, stream, rivers and a short drive to either the Atlantic ocean or the Gulf of Mexico. Gainesville presents a wonderful place to bring up a family with many "A" rated schools, and a continuous influx of high end restaurants opening seemingly every month. The home for sale is a well built Executive Home in a 36 home gated subdivision.Built by one of Alachua Counties premiere builders Shannon Homes http://www.shannonhomesandinteriors.com/ this home was built with the care and design you would expect from a Shannon Home. The home for sale is one of the beautiful homes Shannon Builders made several years back in 2000. It is packed with quality features like soaring ceilings, brick/hardiboard exterior all the way around the house, a sweeping lot site placement nestled on a 4.1 acres parcel with trees on 3 sides of the property and a long sweeping driveway for maximum privacy. A 3 car oversized garage built to face the back yard of the house for maximum privacy....and much more Interior features include -Spacious bedrooms (most with their own bathrooms)-An 800 SF Master Bedroom wing with gorgeous oversized bathroom-Master bathroom is equipped with a his and hers closet, jetted tub, walk in shower, bidet, dual vanities + more-Custom built screened-in pool with privacy all around so splash and have fun without disturbing the neighbors.-Custom built brick lanai with outside summer kitchen hookup and paddle fans to relax + sip drinks by the pool -4200SF 1st floor allows for most all your living to occur on the main floor-Combined, living/dining/great room provides space to entertain large parties of 50 people or more, with ease.-Jack and Jill bedrooms for the kids or grandkids.-Lots of windows to bring in the sunshine-Mature landscaping with a protected ecosystem in the back yard. -Able to install a TENNIS COURT on the property if desired-Oversized 3 car garage\-Study-Small wine cellar room-Butlers Pantryand much more You can buy this home through conventional means as a straight purchase for $895,000 obo or sold with an "Extended purchase/Owner finance method". We have the house offered for sale at $895,000. It is priced perfectly in line with-a 2017 sale of the house next door with 4200 SF for $789,000 -a 2018 house on the other side of us with No pool for $840,000-a 2018 sale in this subdivision closing at $1,099,000 with 7000+ SF just this month (December 2018) with our house priced at $895.000 We bought the house as a foreclosure back in 2005 and my family and I lived in it for many years. We ended up having to move more to the country for work and our animals and have leased this home ever since. We currently have tenants at $4500 /month as its one of the most sought after homes in the Luxury market in Gainesville. In fact the house is currently LEASED until May 2019 at $4500 a month. So if someone wanted to proceed with the purchase in 2018, but needed a few months to pack your belongings and move in all while owning your dream home for Spring 2019. you could get some sizable rental income at closing. You could possibly even KEEP the current tenants monthly rental payment to 2020, should you desire as the current tenants may want to extend their stay giving you guaranteed income for an additional 12 months. How it works We are offering the home for $895,000 and an extended purchase contract is created between ourselves and the new buyers for a closing date in 15 years. - A mutually agreed deposit is made upon at contract execution*- Deposit can be ANY mutually agreed amount. In order for "REFUNDABLE" deposit it must be minimum 30%- Balance after deposit is then divided into 180 (12 months x 15 years) equal monthly payments with a FIXED 5% interest.- *100% of your monthly payments (excl. 5% interest) come DIRECTLY off the remaining balance- Which will become ZERO in 15 years and the home transfers into your name- You will save over $300,000 in Property taxes over the 20 year period as WE will pay them each year- You willhave to pay the HOA which is about $900 a year- You will save on closing costs. Bank costs. Origination fees and much more should you opt for Owner Finance Now the REFUNDABLE DEPOSIT works as follows. If after LIVING MINIMUM 3 years in the home and are up to date 100% of the monthly LEASE payments you decide to cancel the contract and move on (due to life changes, job transfers, death in the family etc...), you will get back 100% of your original 30% minimum deposit, provided you maintain the monthly lease payments each and every month, the house will be relisted back for sale at $895,000. All monthly payments must stay current to qualify as well as a few other rules.. While we >>> CANCondition:*ALL PAYMENTS ON THIS HOUSE REDUCE THE PRINCIPLE. NO WASTED PAYMENT.A house, thats three years older with only TWO.FIVE acres, in our subdivision, just closed for One MILLION One hundred Fifteen thousand, so a perfect comparable is available, Seller State of Residence:Florida, State/Province:Florida, Number of Bedrooms:5, City:Gainesville, Square Footage:5749.0, Setting:Rural, Country, Number of Bathrooms:5+, Year Built:2000, For Sale by:Owner, Property Type:House, Sale Type:Existing Homes
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Florida 5 BR 5.5 BATH home. ***10% DOWN MOVES YOU IN***... *100% OWNER FINANCE.