About New Port Richey's Fairway Springs

Fairway Springs in New Port Richey-Florida - A Great Place to Call Home

Fairway Springs is located in the Trinity-New Port Richey area on the SR 54 corridor just east of Little Road. Conveniently located close to Mitchel Crossing Shopping Center with Publix, PetSmart, Target, and Pier One stores. And, the brand new HCA Community Hospital is also just down the street from the subdivision.

Built in the early to mid-80’s, Fairway Springs has a clubhouse and pool for it’s residents. The Homeowners Association dues are $295.00 a year which gives you access to the pool and clubhouse and maintains the common elements. The Fairway Springs website can be viewed here.

Fairway Springs Clubhouse

There are no age restrictions in the sub- division and lots of families with children live there; and the kids attend Long Leaf Elementary; Seven Springs Middle and James W. Mitchell High Schools. You can find more school info here at www.pasco.k12.fl.us

Currently there are 7 homes Active on the market ranging from $89,900 to $128,900. 5 Homes are pending.

3 Homes sold in Fairway Springs in the past 90 days ranging from $83,000 for 1296 SF to $125,000 for 1941 SF.

If you would like to see some of the homes available there or if you’re thinking of selling your Fairway Springs home, give us a call.

Toni and Craig Weidman, Re/Max Sunset Realty

727-237-0083 or 727-359-9518

Posts you may have missed
SPCA Suncoast Schedule for March Events
Pasco County Schools Spring Break & 2012-2013 Calendar
Big Brothers Big Sisters Tampa Bay Want to Start Something Big
Autos for Autism Antique Car Show in Tarpon Springs-FL
8328 Pavilion Dr is a 3 Bedroom Home in Hudson-FL for Sale
Classic Car Show in New Port Richey - Jan’s Cruiz In
Wind Mitigation saves you money on your insurance
I Don’t Like That One-Can We Take Another One at Disney World-Orlando

Waterfront Home Sales in Gulf Harbors-New Port Richey-FL 34652 for January 2012
Home Sales in New Port Richey-FL 34655 for January 2012
Home Sales in Trinity-FL - January 2012
Home Sales in Hudson-FL - January 2012

Fairway Springs in New Port Richey-Florida - A Great Place to Call Home

Which Government Backed Home Loan Is Best Suited For Purchasing My New Home?

If you want a loan with a No Money Down Option then you must be a veteran or you must purchase a home in a HUD Approved Area for Rural Housing. The VA and USDA Loan are the only type loans that offer the No Down Payment Option for buying a home.

The FHA loan is the most popular type loan at this time because the down payment requirement is only 3.5% compared to the Conventional Loans which require 5% down. Both require the added cost of Mortgage Insurance any time less than 20% down is used.

The VA and USDA Loans do not require mortgage Insurance but have a funding fee that is financed into the loan. The USDA funding fee is currently 3.5% but expected to rise with the growing number of defaults. The VA funding fee varies and is determined by the veterans DD214 and Certificate of Eligibility.

Here is a snap shot of the type client that may choose one of these loan types.

VA Loan - An active member or a former member of the armed forces.

USDA Loan - A person living in or wanting to buy a property that resides in an area that typically has under 10,000 other residents.

Conventional Loan - A person with clean credit and 5% or more saved for the down payment of their new home.

FHA Loan - A person with past credit issues that have been resolved in the last year who does not have any money saved for a down payment but who has a relative that will give them the money to put down and/or co-sign on the loan for them.

The Interest Rates on all of the above mentioned loan types are at their lowest levels in the past 100 years. Some are opting for the 5 year arm which is fixed at 3% for the first 5 years of the 30 year loan term. Many of whom plan to refinance or sell the property within the next 5 years.

Senior Home Loan Originator Jim Poole

NMLS #351358

Great priced home on Pond & Conservation! No rear neighbors. Arthur Rutenburg Riviera model with cathedral ceiling and a wood-burning fireplace in the spacious Livingroom. A step-saver kitchen has a separate breakfast-room, pantry closet and pass-through to the diningroom. A large lanai and an extra fully-screened patio has room for a hot-tub. The large master suite has his/her sinks in bathroom. The 3rd bedroom has pocket doors and can be utilized as a den or media room. Inside utility room. Close to Long Leaf Elementary and Mitchel Middle & High schools. Check out the community's website at
http://www.fairway-springs.com

Click here to see more pictures/info about the home and neighborhood

This home successfully SOLD by Toni Weidman, Re/Max Sunset Realty 727-237-0083 Call us if you’re thinking of selling or buying in the area

Community website

To see more pictures, click here

This 3 Bedroom/2 Bath home is back on the market. It's located on a small pond with a conservation area behind it. Located in the Trinity area with shopping, and Long Leaf Elementary close by. Easy Tampa access via the Suncoast Parkway.

This is a short sale listed at $124,900.