Owner Finance Available
1512 Sherman St SE
Decatur, AL 35601
🛏️
3
Bedrooms
🚿
1
Bathrooms
📏
1,000
Sq Ft
📅
1954
Year Built
Decatur, AL 35601
3
Bedrooms
1
Bathrooms
1,000
Sq Ft
1954
Year Built
Nice, functional, practical home offered with SELLER FINANCING! Move In Condition! Durable Metal Roof should last a long time. Vinyl Plank Flooring in Kitchen, Bathroom, and Laundry Room. Hardwood Flooring in the rest of the house, (Living Room, Dining Room, Hallway and All 3 Bedrooms). It has a tankless water heater for long showers. Buyer Pays a $10,000 downpayment and monthly payments of $1,137.07 for 360 months. Monthly payments include principle, interest, taxes, and insurance. Any changes to Taxes and Insurance payments due on the property will change the monthly payment, but the principle and interest portion will not change. Other financing plans are also available. For example, a higher downpayment would reduce the monthly payments. A shorter loan term would increase the monthly payments, but decrease the total interest paid over the life of the loan. The appraisal, shown in the pictures, proves that the price is fair.
Property Type
Single Family
Year Built
1954
HOA
None
Listed Price
$150,000
Free account - No credit card required
Owner financing means the seller of 1512 Sherman St SE acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. This property in Decatur, AL is available with owner financing terms.
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.
Down payment terms are negotiable. Sign up for free to get the specific financing details for this Decatur property.