Customize and Update this 3 bedroom, 2 bath home with over 4 acres on two lots. Family room with Fireplace. Family-Dining-Kitchen combo. Formal Living and Dining rooms. Office-Den could be used as guest room. Master Bedroom suite with Master Bath. Inside laundry room and two car side entry garage. In-Ground Swimming pool and rear patio for outdoor Florida living. Convenient to I-95, shopping, schools, and Fernandina Beach. Come see today, this one won't last long! This is a Fannie Mae Homepath Property! Closing cost assistance may be available with HomePath Ready Buyer Education Program. Restrictions apply. Seller will pay:

1. Real Estate Commission

2. Provided the buyer uses the seller's title company the seller will pay for the Owner's Title Policy. ALL OTHER CLOSING COSTS ARE CONSIDERED TO BE BUYER CLOSING COSTS AND IF PAID BY THE SELLER WILL BE CONSIDERED A SELLER CONCESSION.

PLEASE MAKE SURE NAMES ON OFFER MATCH FULLY WHAT IS ON THE BUYER'S PHOTO I.D. OR DRIVER'S LICENSE.

EMD is only wired within 2-Days AFTER Contract Execution.

Title company holding EMD will be provided at contract execution.

Any closing costs checked for the seller to pay in Paragraph 9 of the NEFAR Purchase and Sale Agreement will be presented to the seller as a seller concession. This could affect your buyer's offer, particularly in a multiple offer situation.

Any Seller concessions should be put in Section 38 of the Fannie Mae Real Estate Purchase Addendum (REPA):

• Seller will contribute up to $________ towards buyer closing costs, points, and prepaids. In the event that the buyer's lender restricts the allowable Seller contributions toward Buyer's closing costs, Seller's actual and total contribution shall be limited to the allowable amount.

• If buyer selected their own settlement vendor in section 10f: Seller will contribute up to $0. towards buyer closing costs, points, and prepaids, excluding title insurance. In the event that the buyer's lender restricts the allowable Seller contributions toward Buyer's closing costs, Seller's actual and total contribution shall be limited to the allowable amount.

SELLER WILL NOT PAY STATE DOC STAMPS ON DEED - BUYER MUST PAY (contact Listing Agent for Details). Fannie Mae pays only the commission and tax prorations unless otherwise agreed in section 38. All other costs are the responsibility of the buyer. Fannie Mae is a congressionally chartered corporation and is exempt from realty transfer taxes pursuant to 12 U.S.C. 1723a(c) (2). If the state or municipality does not recognize this exemption then it is the responsibility of the buyer to pay the cost.

KEYS WILL NOT BE RELEASED AT CLOSING. Buyer must wait for Fannie Mae Approval to release keys (receipt of closing documents and final Wire).

Buyer must confirm GLA size, utilities, lot size - anything of importance to buyer. If applicable: amenities, costs of club memberships, covenants and restrictions, HOA requirements and/or restrictions.

The Title Company information :

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REO Title Company of Florida, LLC

20801 Biscayne Boulevard • Suite 501

Aventura, Florida 33180

Main: x213

Fax:

[email protected]

www.reotitleco.com

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Email:[email protected]

Investor Offer Restrictions

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REPA Section 38 Conditions for Non-Owner Occupants (Excluding Non-Profits) as May 23, 2017

"Purchaser further agrees that it will not enter into any contract for deed or lease with option to purchase agreements regarding the Property, unless Purchaser is a non-profit organization or has obtained Fannie Mae's prior written consent.  Purchaser acknowledges that, in addition to any other remedy available to Fannie Mae, any violation of this agreement may result in Fannie Mae refusing to sell additional REO properties to Purchaser and/or its affiliates."

REPA Section 14 Deed Restrictions for Non-Owner Occupants  (Excluding Non-Profits)

Investor 90-Day / 120% Deed Restriction was REMOVED March 2018.