9 photos
$115,000
16495 County Road 9
Summerdale, AL 36580
Kennon Henderson, IXL Real Estate, LLC · (251) 265-1230
What the listing says
Selling Agent is not a Showing Time user. Agents are to Look in Private Remarks for Showing Instructions. Seller will do Owner Financing. Terms are 20% down $23,000 $2,000 for Closing Cost for a total of $25,000 due at closing. 8% fixed rate over 30 years with a 5 year Balloon note. No early pay off penalties. Monthly payments will be $675.06. Great find for this wooded 1.2 acres on County Rd 9 in Summerdale Alabama. Property does not have any Covenants & Restrictions or a HOA. Buyer to verify all information during due diligence.
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
Land
HOA
None
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Questions about owner financing in Summerdale
What is owner financing for 16495 County Road 9?
Owner financing means the seller of 16495 County Road 9 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 Summerdale, AL 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 Summerdale home?
There is no standard down payment. The seller of this Summerdale home sets their own, and it is negotiable. Ask the seller or their agent.