1160 Lake Valley Rd, Macon, GA 31210
Owner Finance Home For Sale
Bad Credit OK, No Bank Qualifying
- 1160 Lake Valley Rd, Macon, GA 31210
- 169,900
- The house needs some cosmetic updates (carpet cleaning, paint etc) and as such, it is listed at $15,000 below after repaired value.
- Single family
- Built in 1967
- Forced air, gas
- Central
- 2 Parking spaces
- 0.40 Acres
- $87 price/sqft
Overview
- Large living area
- dining room
- breakfast area
- kitchen
- 2 bedrooms
- Bathroom
- large living area
- 2 bedrooms
- bathroom
- utility/laundry room
Interior details
Bedrooms and bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Basement
- Basement: Finished
Flooring
- Flooring: Tile, Carpet, Hardwood
Heating
- Heating features: Forced air, Gas
Cooling
- Cooling features: Central
Appliances
- Appliances included: Range / Oven, Refrigerator
- Laundry features: Laundry Room, In Basement, Lower Level
Interior Features
- Interior features: Carpeted Floors
Other interior features
- Total interior livable area: 1,950 sqft
Construction & Property details
Type and style
- Home type: SingleFamily
- Architectural style: Traditional
Material information
- Foundation: Slab
- Roof: Asphalt
Condition
- Property condition: Resale, Updated/Remodeled
- New construction: No
- Year built: 1967
Parking
- Total spaces: 2
- Parking features: Garage - Attached
Property
- Exterior features: Wood products, Brick
Lot
- Lot size: 0.40 Acres
Other property information
- Parcel number: M0520062
Self Employed is OK
Bad Credit is OK
No Bank Qualifying.
This is a Great Opportunity for a deserving family (or individual) to own their home without having to qualify at a bank.
Probably the best part is that we’re OWNER FINANCING this home for $169,900. This is NOT a Lease Purchase or a Rent To Own where you pay for years and own nothing.
This is a REAL Owner Financing deal where the buyer (You) gets the deed to the property and all ownership rights at the closing.
All we need is some decent income and a reasonable downpayment to give the new owner a loan.
As you can imagine, this home won’t last long at this price with no banks involved so hurry!
FAQ’s
The property is available for self-guided viewings daily between 8am and 7pm. Simply drive to the property anytime between 8am and 7pm EST. When you get to the property, call the phone number on the sign in the front yard for the lockbox details. You’ll need to provide your ID to gain access to the property and do the self-tour.
When we sell homes with owner financing we routinely receive downpayments of between 10% to 25%. On rare occasions we’ve gotten as much as 50% down.
The interest rate and monthly payment depend on how much you put down as well as your income. The more you can put down to your new home, the better. There is no minimum or maximum down payment. Keep in mind you’ll be going up against other families who want to own this home as well so put your best foot forward.
We can do a 10, 20, or 30-year term on the loan. There is no balloon and no prepayment penalty.
Yes. Taxes & Insurance are included in each monthly payment and just like a regular mortgage, they are held in escrow and paid out as required.
Because we close with a real estate attorney/title company there will be standard closing costs, loan origination fees etc. Typically, our fees are much less than getting a mortgage from a bank or other financial institution.
The most important step is to go see the property and decide if it’s something you want. None of the other stuff matters if you don’t like the house, the neighborhood or anything else. Wouldn’t you agree?
Once you see the house and like it, we can discuss the specifics of the downpayment, interest rate etc