4012 Brighton Blvd

A temporary buydown is a financial arrangement that reduces the interest rate and monthly mortgage payments for a set period of time. It's achieved by depositing funds into an escrow account, which are then released to reduce the borrower's payments. 

Here are some key points about temporary buydowns:

• How it works
• A one-time fee is paid at closing to temporarily reduce the interest rate. The lender compensates the difference between the standard rate and the reduced rate. 
• How long it lasts
• Temporary buydowns typically last for the first 1–3 years of the mortgage. 
• Who pays
• The seller, lender, borrower, or other parties can pay for the buydown. The seller usually pays most or all of the cost. 
• What it doesn't do
• The actual interest rate charged on the loan doesn't change. The full rate and payment must be reflected in the mortgage documents. 
• When it ends
• The buydown period ends when the buydown funds are exhausted. 
• Benefits
• Temporary buydowns can help homebuyers ease into homeownership, especially in a high interest rate environment. 

Pristine luxurious 5 bedroom, 4.5 bathroom home, spanning an impressive 4, 461 square feet and situated on a premium extra large lot. This residence exemplifies pride of ownership and features a gorgeous open floor plan, perfect for entertaining family and friends. The beauty and enjoyment begin with an extra-large covered porch, offering a serene spot to relax and overlook Stockwell Pond and Mill Park. This inviting space provides access from the office as well, seamlessly blending work and leisure. As you enter, you are met with a large welcoming open floor plan that boasts sophistication and comfort of the living room, kitchen, dining room, office, guest room and large windows. The chef's kitchen is a culinary masterpiece, showcasing upgraded appliances, a built-in wine or beverage fridge, and abundant space for entertaining. The utility room is thoughtfully designed with full-size washer and dryer hookups, countertops, cabinets, sink and even room for an additional refrigerator or freezer, the mud room and entrance to the garage. The beautifully landscaped backyard, complete with an outdoor living area that invites relaxation and social gatherings. Theres ample space to add a pool, making it an ideal setting for summer. Cozy up by the wood burning fireplace while enjoying game nights or unwind in the spa hot tub with a private entrance to the primary suite. The primary suite is a true retreat, featuring a luxurious jetted tub and a spacious walk in closet, along with access to the backyard oasis. Convenience is key with a guest room that includes its own en suite. Venture upstairs to discover the ultimate media room, equipped with wiring for speakers, a projector, and ample storage for all your media needs. Adjacent to the large bonus room, you'll find three additional spacious bedrooms one with a private bathroom and the other two sharing a convenient Jack and Jill bathroomensuring comfort and privacy for everyone. A must see, to many upgrades to list!!