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Description
Why rent when you can own?
Your path to homeownership. This is a fixer-upper house. Needs some work but tenants were living there about a month ago.
Price$59,900
Monthly Payment Approx$687
Down Payment Min of 10% (we will loan this back to you for the repairs and fixup, max of $15,000 at ZERO % interest, amortized 15 years and less closing costs)
Zillow values the home at $102,000.
Financing details:
Total payment will be in the $687/mo range for principal, interest, taxes, and insurance. We will finance approx $50,000 at 10% interest for 20 years, and your fixup money at ZERO % interest amortized over 10 years (max of $15,000).
If you wish to see the house let us know how much you have for a down payment and we will give you viewing instructions. If you like what you see we will get you an application. You don't need great credit so long as your credit issues are in the past and your current obligations are being paid.
Qualifications:
1. Strong desire to own your own home.
2. The monthly payment plus your other fixed debt (car
payment, school loan, etc) should not be more than 43% of
your gross monthly income (before taxes).
3. Your gross monthly income should be at least 4 times the monthly payment
4. You need to be discharged from any bankruptcies and 1 year past any foreclosure.
5. No evictions in the past 2 years.
6. Must have good references from previous landlords and current employer.
7. Don't need great credit but must demonstrate ability to make payments.
Please note this property is being sold "As-Is" with no warranties expressed or implied. You will have an opportunity to inspect the home prior to any purchase.
Contact us at [Use CALL button]
(RLNE6853080)
Why rent when you can own?
Your path to homeownership. This is a fixer-upper house. Needs some work but tenants were living there about a month ago.
Price$59,900
Monthly Payment Approx$687
Down Payment Min of 10% (we will loan this back to you for the repairs and fixup, max of $15,000 at ZERO % interest, amortized 15 years and less closing costs)
Zillow values the home at $102,000.
Financing details:
Total payment will be in the $687/mo range for principal, interest, taxes, and insurance. We will finance approx $50,000 at 10% interest for 20 years, and your fixup money at ZERO % interest amortized over 10 years (max of $15,000).
If you wish to see the house let us know how much you have for a down payment and we will give you viewing instructions. If you like what you see we will get you an application. You don't need great credit so long as your credit issues are in the past and your current obligations are being paid.
Qualifications:
1. Strong desire to own your own home.
2. The monthly payment plus your other fixed debt (car
payment, school loan, etc) should not be more than 43% of
your gross monthly income (before taxes).
3. Your gross monthly income should be at least 4 times the monthly payment
4. You need to be discharged from any bankruptcies and 1 year past any foreclosure.
5. No evictions in the past 2 years.
6. Must have good references from previous landlords and current employer.
7. Don't need great credit but must demonstrate ability to make payments.
Please note this property is being sold "As-Is" with no warranties expressed or implied. You will have an opportunity to inspect the home prior to any purchase.
Contact us at [Use CALL button]
(RLNE6853080)
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