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Owner finance

$35,000

1594 Maplewood St

Memphis, TN 38108

Beds2
Baths1
Sq ft806
Year built1913
Rent estimate$987/mo
Listed by

Caleb Parr, Renshaw Company, REALTORS · (901) 484-0478

What the listing says

Vacant, easy to show. Home is in need of renovations. Would make an excellent investment opportunity. Owner finance term at 10% down 2 points at 7.5% interest. Interest only payments. 5yr baloon

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

Single Family

Lot Size

6,000 sq ft

HOA

None

More owner-financed homes near Memphis

Questions about owner financing in Memphis

What is owner financing for 1594 Maplewood St?

Owner financing means the seller of 1594 Maplewood 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 Memphis, 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 Memphis home?

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

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