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Owner finance

$119,500

0 Spring Place Rd SE Lot 7

Cleveland, TN 37323

Listed by

Max Phillips, Crye-Leike - Cleveland · (423) 596-7173

What the listing says

5.97 ACRES OWNER FINANCING AVAILABLE! Excellent opportunity to own approximately 5.97 acres of beautiful, gently rolling land. This mostly wooded tract offers plenty of privacy and would make an outstanding setting for a private estate, recreational retreat, or long-term investment. City water is available, adding convenience and even more possibilities. Owner financing available: 20% down, 6% interest, amortized over 20 years with a 5-year balloon. Whether you're ready to build your dream home or invest in a great tract of land, this property offers tremendous potential. Call today for additional details!

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This listing mentions owner financing. Terms are set by each seller and are negotiable. The description and numbers come from the listing and Zillow; confirm availability, the price and any financing with the seller or their agent.

Property Details

Property Type

Land

HOA

None

More owner-financed homes near Cleveland

Questions about owner financing in Cleveland

What is owner financing for 0 Spring Place Rd SE Lot 7?

Owner financing means the seller of 0 Spring Place Rd SE Lot 7 acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. The listing for this Cleveland, TN home mentions owner financing; confirm it with the seller.

Do I need good credit for owner financing?

There's no bank approval, but each seller sets their own requirements. Some check credit, income or references; others don't. Ask the seller or their agent what they need.

How much is the down payment for this Cleveland home?

There is no standard down payment. The seller of this Cleveland home sets their own, and it is negotiable. Ask the seller or their agent.

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