Excellant opportunity to own 2 homes for the price of one! Main home has three bedrooms. Second home has been rented to the same tenant for over 20 years and she would prefer to remain. Options are endless. Great income potential.
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Loan Amount - Purchase Price Less Down Payment
Prepayment - The right to pay specified amounts of the principal balance prior to the maturity date of the mortgage. Breakage costs may be payable when a prepayment option is exercised under a closed mortgage.