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Financing Details:
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Monthly Payment: $1,030 (including taxes, insurance, and HOA)
Loan Term: 5 years (This is how long before you need to qualify for a bank loan.)
Interest Rate: 9.00%
Minimum Down Payment: $11,500
Purchase Price: $115,000
TOTAL MOVE IN: Around $13,500 (Down payment plus app. $2000 for closing costs and prepaids)
We are offering Seller Financing for up to 5 years with EASY QUALIFYING!!
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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 $11,500. After adding any closing costs, the total needed for move in is: Around $13,500 (Down payment plus app. $2000 for closing costs and prepaids).
- Income: The monthly payment on this home is $1,030. 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: 5638 S 5th DR
City: Phoenix
State: AZ
Zip: 85041
Area: 7th Ave & Southern
Directions: From 7th Ave & Southern, North to Sunland (road next to elementary school), east to 5th Dr, south to home.
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Beds: 3
Baths: 2.5
Floors: 2
Parking: 2 Car Garage
Square Feet: 1,740
Lot Size: 3930
Year Built: 2002
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Home Features:
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- 2 Bathrooms
- 2 Car Garage
- 3 Bedrooms
- Dishwasher
- Disposal
- New Appliances
- New Carpet
- New Paint
- Newly Remodeled!
- Washer/Dryer Hookups
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