39 photos
$249,900
1501 Mercer St
Laredo, TX 78040
D. Michelle Guerra, MG Texas Real Estate · (956) 324-2427
What the listing says
Owner Financing Available! Just Listed! Triplex featuring each with 2 bedrooms and 2 bathrooms. All units have stoves and washer/dryer hookups, two of the units have refrigerator as well. Located on a desirable corner lot in front of Daiches school and nearby Slaughter Park with great potential for rental income or an owner-occupant. The property is currently vacant and ready for immediate occupancy. A great opportunity for investors or those looking to get started right away!
See the original listing ↗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
Multi-Family
HOA
None
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Questions about owner financing in Laredo
What is owner financing for 1501 Mercer St?
Owner financing means the seller of 1501 Mercer St 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 Laredo, TX 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 Laredo home?
There is no standard down payment. The seller of this Laredo home sets their own, and it is negotiable. Ask the seller or their agent.