1504 W Malden St
Marion, IL 62959
3
Bedrooms
2
Bathrooms
1,874
Sq Ft
1958
Year Built
About This Property
3 bedroom, 2 bath home with a 2 car attached garage and large back yard! Seller's name is The Secretary of The United States Department of Veterans Affairs. Seller does not pay customary closing costs: including title policy, escrow fees, survey or transfer fees. Proof of funds required on cash transactions: Lender pre-approval letter for all financed offers (dated within 30 days) This property MAY qualify for Seller financing. (Vendee). If property was built prior to 1978, Lead Based Paint Potentially Exists. This home failed a pressure test at winterization and no water will be turned on for a buyers inspection or appraisal. Due to condition, the property may have health/safety risk(s). Prior to entry / access, all parties must sign a Hold Harmless Agreement and the property may only be shown by appointment.
Property Details
Property Type
Single Family
Year Built
1958
HOA
None
Listed Price
$95,000
Owner Financing Terms
Why Owner Financing?
- ✓ No bank qualifying
- ✓ Bad credit OK
- ✓ Fast closing
- ✓ Flexible terms
Investment Metrics
Why This Cash Deal?
- ✓ Strong investment opportunity
- ✓ Quick close possible
- ✓ Ideal for flips or rentals
Free account - No credit card required
Frequently Asked Questions About Owner Financing in Marion
What is owner financing for 1504 W Malden St?
Owner financing means the seller of 1504 W Malden St acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. This property in Marion, IL 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 Marion home?
Down payment terms are negotiable. Sign up for free to get the specific financing details for this Marion property.