Folks...if you want room to roam this could be the one for you. Beautifully maintained 5 bedroom home that sits on almost a 1 acre lot in an exclusive gated community. Circular driveway, covered front porch, landscaped lot, in ground solar heated pool... . Homes features formal living and dining rooms, huge eat in kitchen, a bonus room off the kitchen, family room, downstairs master suite, 4 additional bedrooms and 2 baths upstairs, detached RV garage, attached 2 car garage, solar heated in ground pool and the list goes on and on. You really just need to come see this one.
***Owner will finance with 40% down @ 8.5% amortized over 30 years with a 5 year balloon.
***I am NOT an Attorney nor do I play one on TV. Click the button below for my Bio.
Copyright © 2010 http://www.brokerbryant.com/ | All Rights Reserved
Tutas Towne Realty has already successfully negotiated Short Sales with the following Lenders and Investors.
Chase Short Sale,Sun Trust Short Sale, GMAC Short Sale, Wells Fargo Short Sale,Bank of America Short Sale,USA Bank Short Sale,PNC Bank Short Sale,Citi Short Sale,HomeEq Short Sale,Fifth Third Bank Short Sale,ING Direct Short Sale,GreenTree Short Sale,Capital One Short Sale,ASC Short Sale,First Horizon Short Sale,E-Trade Short Sale,Transland Financial Short Sale,US Bank Short Sale,IBM LBPS Short Sale,
Nationstar Short Sale,BAC Florida Short Sale,Real Time Solutions Short Sale,Fannie Mae Short Sale
FHA Short Sale,Selene Finance Short Sale,DTA Solutions LLC Short sale,Flagstar Short Sale,IndyMac Short Sale
******************************************************************
Tutas Towne Realty, Inc handles Florida real estate sales, Florida short sales, Florida strategic short sales, Florida pre-foreclosure sales, Florida foreclosures in Kissimmee Florida Short Sales, Davenport Florida Short Sales, Haines City Florida Short Sales, Poinciana Florida Short Sales, Solivita Florida Short Sales, Orlando Florida Short Sales, Celebration Florida Short Sales, Winderemere Florida Short Sales. Serving all of Polk, Osceola and Orange Counties Florida. Florida Short Sale Broker. Short Sale Florida.
Bryant, I am thinking we will see more owner financing in the coming years as the credit crunch continues to crunch.
I agree Damon. Most of my sellers that are able to are offering it. It makes sense.
We are considering it for a rental property we have, but quite honestly it scares me a little. Our Realtor actually recommended an Installment Sale. Just starting the process, so I don't fully understand all the options yet.
Sara. I'd be happy to talk you through it if you would like. If you are able to do it it's a good way to get more money out of a property.
Wow, I appreciate that. I may take you up on that. I know you are the master!!
It's all an illusion :)
Looks like a real winner Bryant. Seller financing is a huge bonus in this market. Good luck with the listing.
Being on the mortgage side, I was never a fan of Owner Financing... but not because it wasnt a good deal, but just because I would prefer to close the deal... HOWEVER... I recently had a client that we could not finance (no one could because of their credit). I matched her with a Realtor that in the area to look for a good lease while they work on their credit. Turns out that they found a GREAT house that happened to offer Owner Financing. Worked out fantastic... so now I am a big fan of the option. :-)
John. Owner financing can be a very good deal for buyers and sellers. You'll be seeing a lot more of this in the near future. There are so many folks who have damaged their credit with short sales and foreclosures but who are otherwise very good with teir finances. They hare perfect candidates for seller financing.
Gee, if it wasn't for that 40% down, I was about to give you a call!!! Seriously, this looks like a great listing!
Hey Bryant :)
Great deal, there are just a few of them doing this kind of deals, not often I see deals like this ! Nice to see you!
That's a lovely home and great photos. You don't mention the price (or did I miss it?), but for someone with enough cash for the down, this would make a wonderful move-in ready home. Nice.