ONLY 2 OF SELLER'S LOTS REMAINING! BUILD YOUR DREAM HOUSE ON THE RUNWAY IN MEADOW CREEK AIRPARK, THE NEWEST AND MOST EXCLUSIVE RESIDENTIAL AIRPARK DESIGNED FOR PILOTS TO LIVE WITH THEIR PLANES IN A GATED, SECURE COMMUNITY. A LIGHTED 3,400 FOOT PRIVATE RUNWAY RUNS THROUGH THE CENTER OF THE SUBDIVISION. ALL ROADS, RUNWAY AND TAXI WAYS ARE OWNED BY THE SUBDIVISION. LOTS 106 & 107 HAVE BEEN COMBINED AND ARE ON THE RUNWAY. CAN ALSO BE SEPARATED FOR INDIVIDUAL SALES. SELLER WILL GIVE HOUSE PLANS TO PROSPECTIVE BUYER!
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*Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.
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