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Financing Details:
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Monthly Payment: $810 (including taxes and insurance)
Loan Term: 5 years (This is how long before you need to qualify for a bank loan.)
Interest Rate: 6.00%
Minimum Down Payment: $8,050
Purchase Price: $115,000
TOTAL MOVE IN: Around $10K ($8050 down payment and around $2000 for closing costs and prepaids)
Seller will financing for up to 5 years!
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Questions? Call Now: 480-664-2193 · FAQs |
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Qualifying:
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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:
- Move In Money: The down payment on this home is $8,050. After adding any closing costs, the total needed for move in is: Around $10K ($8050 down payment and around $2000 for closing costs and prepaids) .
- Income: The monthly payment on this home is $810. 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.
- 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.
- Rental History: We will review your rental history for the last 2-5 years to evaluate whether you have been a responsible payer.
- Credit: We will review your credit report, but we do not require a specific credit score.
- Criminal record: We will review your criminial record, if any.
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Home Details:
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Address: 2973 N 53rd Dr
City: Phoenix
State: AZ
Zip: 85031
Area: 55th Ave. & Thomas
Directions: From 55th Ave & Thomas, go north on 55th, then take a right going east on 53rd Dr, to property.
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Beds: 3
Baths: 2
Floors: 1
Parking: Slab
Square Feet: 1,714
Lot Size: 6,342 square feet
Year Built: 1958
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Home Features:
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- 2 Bathrooms
- 3 Bedrooms
- All appliances included
- Ceramic Tile
- Fireplace
- New Carpet
- Newly Remodeled!
- Washer/Dryer Hookups
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