The one-story homes will be sold - net of the assistance listed above - for a sale price of $220,000.
A minimum downpayment of 1% will be utilized to pay the upfront cost of mortgage insurance. And closing costs are likely to exceed the MaineHousing assistance by about $1,000. Thus, homebuyers will have to demonstrate to the lender that they have at least $3,100 in available cash for closing. Additional downpayments can be utilized to reduce the mortgage below $220,000 if desired and available.
The one-story homes will be sold - net of the assistance listed above - for a sale price of $220,000.
A minimum downpayment of 1% will be utilized to pay the upfront cost of mortgage insurance. And closing costs are likely to exceed the MaineHousing assistance by about $1,000. Thus, homebuyers will have to demonstrate to the lender that they have at least $3,100 in available cash for closing. Additional downpayments can be utilized to reduce the mortgage below $220,000 if desired and available.
The one-story homes will be sold - net of the assistance listed above - for a sale price of $220,000.
A minimum downpayment of 1% will be utilized to pay the upfront cost of mortgage insurance. And closing costs are likely to exceed the MaineHousing assistance by about $1,000. Thus, homebuyers will have to demonstrate to the lender that they have at least $3,100 in available cash for closing. Additional downpayments can be utilized to reduce the mortgage below $220,000 if desired and available.
Important Information
Important Information
"Paddy Creek"
Paddy Creek will be built on Lot 1 and is nestled off Main Street in Kennebunkport, and along Tigerlily Way (private road).
"Paddy Creek"- This well-constructed two story home- Paddy Creek- is named after Paddy's Cove. The cove was written about by Frances Landry, a beloved local school teacher. In her writing, Landry referred to the cove as showing "many different faces – never the same. It is most beautiful on a day in summer when it is a lovely blue and so clear you can see the reflection of the puffy white clouds".
Paddy Creek is a new modularly built 1,688 sq ft 3 bedroom, 2.5 bathroom, two story house, that comes with all the amenities that you would expect in a well-built maintenance friendly home. The Paddy Creek story starts out with an architect inspired free flowing layout representative of modern floor layouts seen on the market today. This design has been thoughtfully combined with proven modular construction techniques that incorporate energy efficient materials such as dense pack cellulose insulation, Harvey Slimline Energy Star rated windows and a high efficiency propane boiler. Exterior finishes are accomplished with maintenance friendly Certain Teed siding, with matching trim and porch that evoke a modern farmhouse feel. The interior boasts Merillat Classic cabinetry, quality carpet offerings from Shaw and durable Armstrong flooring in the kitchen and bathroom areas. Construction of Paddy Creek is expected to be completed in July, 2021.
Lot 1 Home Details:
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Wooded lot with a shared private driveway with direct access to forested open space. Plenty of room to play!
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3-bedroom septic and KKWD supplied town water
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2 car paved driveway with shared access
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1,688 square feet of living space
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3 Beds, 2.5 baths
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Bedrooms and laundry on same floor
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Well insulated poured concrete crawl space
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Welcoming front entry porch
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Granite Entry Steps
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CertainTeed Mainstreet Double 4” Vinyl Siding
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95% efficient Propane-fired Condensing Boiler
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Energy efficient dense pack cellulose insulation
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Harvey Slimline Energy Star Rated Windows
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Merillat Classic cabinetry in Kitchen and Baths
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American Standard Plumbing Fixtures
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Shaw Dyersburg Carpet with 8lb pad
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Armstrong Flexstep Value Plus Vinyl flooring
This incredible home will be sold at $297,500