Hassle Free Properties: Buy a Home without a Bank!

INVESTORS ONLY -- Already rented out, Phoenix 2 bed/1 bath home, Seller will Finance

Address: 4725 E Pollack Ln Phoenix AZ 85042


[   Financing Details   |   Do I Qualify?   |   Apply Now   |   Home Details   |   Photos   ]

Financing Details:
Monthly Payment: $868 (Principal, Interest, Taxes and Insurance, and Account Servicing.)
Loan Term: 8 years (This is how long before you need to pay off the seller or refinance with a bank loan.)
Minimum Down Payment: $20,000
Purchase Price: $159,900
TOTAL MOVE IN: $23,000 (down payment plus estimated closing costs)

Property is rented for $989 per month, through January 2018. Seller will finance -- interest only payments at only 6.49% interest! Other terms: 8 year balloon, 20K down, interest payment = $757/mo, payment with taxes and insurance approximately $855. See Documents for application and more details on seller financing.

Questions? Call Now: 480-664-2193 · FAQs

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[   Financing Details   |   Do I Qualify?   |   Apply Now   |   Home Details   |   Photos   ]
Questions? Call Now: 480-664-2193
To qualify for seller financing, the main things we look at are income, work history, and rental history. And of course you need to have the money available for the down payment and closing costs. The following list will help give you an idea if you qualify for this home:
  1. Move In Money: The down payment on this home is $20,000. After adding any closing costs, the total needed for move in is: $23,000 (down payment plus estimated closing costs).

  2. Income: The monthly payment on this home is $868. Your total monthly income should generally be at least three times the monthly payment (in this case approximately $). If you have significant monthly expenses (such as credit card bills), then your income would need to be higher in order to offset those expenses.

  3. Work History: We prefer for you to have worked at the same job for at least 2 years, but you may still be able to qualify with a shorter length of time.

  4. Rental History: We will review your rental history for the last 2-5 years to evaluate whether you have been a responsible payer.

  5. Credit: We will review your credit report, but we do not require a specific credit score.

  6. Criminal record: We will review your criminal record, if any.

Start the Application Process Now!

Home Details:
Address: 4725 E Pollack Ln
City: Phoenix
State: AZ
Zip: 85042
Cross Streets: 48th St & Baseline
Directions: From 48th St & Baseline, go west to 46th Place, north to Pollack, east to the home on the right.

View Map Here

Beds: 2
Baths: 1
Floors: 1
Parking: 1 Car Carport
Square Feet: 950
Lot Size: 5,801 sq ft
Year Built: 1981
Home Features:
  • 1 Bathroom
  • 1 Car Carport
  • 2 Bedrooms
  • Carpet
  • Covered Patio
  • Disposal
  • New AC Unit

This comfortable 2 bedroom, 1 bathroom home has covered parking, a covered patio, and north/south exposure. In a wonderful neighborhood, and very convenient location! New AC unit!

[   Financing Details   |   Do I Qualify?   |   Apply Now   |   Home Details   |   Photos   ]
Questions? Call Now: 480-664-2193
Listing Held By: Geneva Real Estate Advertised By: Nate Tanner Geneva Real Estate Owner/Agent
Phone: 480-664-2193 | | Fax: 206-984-2123
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