980 Saltwell - Headquarters Road Carlisle KY 40311

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980 Saltwell - Headquarters Road

Carlisle, KY 40311

Suburb: Carlisle

$200,000

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980 Saltwell - Headquarters Road - MLS# 617234

50 Acres of whitetail hunting, beautiful home sites, and hay ground. Located in Nicholas county with views to take your breath. This property has potential for so much! Nice metal barn with concrete floors & electric. Farm has auto waterers, year round creek and is fenced with 3 entrances off main road.

Directions

Hwy 68 to right on KY 32W/ KY 36W- right on Saltwell Rd - look for sign

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Property Details

General Information

Property Type	Land
Style	Agriculture
Suburb	Carlisle
County	Nicholas
Zip Code	40311
School District	Nicholas Co Public
MLS#	617234

Features

Total Acres	50
Lot Dimensions	50 Acres
Best For	Farm, Recreational, Residential, Other
Water	Public
Sewer	None
Semi-Annual Taxes

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If a borrower does not have cash to cover at least 20% of the purchase price, some lenders will require the borrower to purchase private mortgage insurance (PMI) to cover against a possible default. Premiums are typically 0.5% to 2.0% of the original loan amount. The borrower can drop the insurance coverage once the mortgage balance is less than 80% of the original purchase price. The calculator handles this automatically. (There may be other conditions as well under which the lender will no longer require PMI. One such case might be apprciation of the real estate.)

Points are charges that are normally due at closing. Borrowers (normally only in USA) may select to pay a lender "points" up front in exchange for a lower interest rate. Points are expressed in percent and are calculated on the amount borrowed. 3 points on a $200,000 mortgage equals $6,000. If the user enters points, this calculator includes their value in the summary and as part of the total payment at loan origination on the payment schedule.

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The data relating to the real estate for sale on this web site comes in part from the Broker Reciprocity program of the Northern Kentucky Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Comey & Shepherd Realtors are marked with the Broker Reciprocity logo or Broker Reciprocity house icon. The properties displayed may not be all the properties available through Broker Reciprocity.

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