1100 Rice Ln
Big Island, VA 24526
3
Bedrooms
1
Bathrooms
1,060
Sq Ft
1972
Year Built
About This Property
Great well taken care of one story home with remodeled bathroom with large fenced in yard. Large carport for two cars and two large sheds for storage. Sits on one acre for large garden and future buildings. Only half a mile to the James River boat ramp. 30 minutes to Lynchburg, Bedford, and Glasgow. Updates already completed new electric panel, plumbing, septic line, flooring, and bathroom. Owner will carry loan with seller financing with below market interest rate of only 5% with only $3000 down. Monthly estimated payments of $1198 (includes mortgage, taxes, and insurance). Buyer to pay sellers closing costs. Special terms apply to mortgage - Low down payment so buyer can make own future improvements to home. Open to cash offers.
Property Details
Property Type
Mobile Home
Year Built
1972
HOA
None
Listed Price
$199,000
Owner Financing Terms
Why Owner Financing?
- ✓ No bank qualifying
- ✓ Bad credit OK
- ✓ Fast closing
- ✓ Flexible terms
Free account - No credit card required
Frequently Asked Questions About Owner Financing in Big Island
What is owner financing for 1100 Rice Ln?
Owner financing means the seller of 1100 Rice Ln acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. This property in Big Island, VA is available with owner financing terms.
Do I need good credit for owner financing?
No! One of the biggest advantages of owner financing is that you typically don't need to qualify through a bank. This makes it possible to buy a home even with bad credit, no credit history, or self-employment income that's hard to document.
How much is the down payment for this Big Island home?
Down payment terms are negotiable. Sign up for free to get the specific financing details for this Big Island property.