16 photos
$107,000
1860 Fairmeade Ave
Memphis, TN 38114
Carmen Y Murry, C21 Patterson & Assoc. Real Es · (901) 232-1767
What the listing says
INVESTOR OPPORTUNITY! Distressed property offered AS-IS, WHERE-IS. Seller will not make or be responsible for repairs or improvements. Property has experienced settling and movement in the foundation. Roof has had recent repairs. Additional improvements are needed, including painting, wood repairs, and deck work. The current condition of the property is reflected in the asking price. Buyers are encouraged to conduct their own inspections and due diligence to determine the extent and cost of any repairs or improvements. Buyer to verify all information and satisfy themselves regarding the condition and suitability of the property. Bring your vision and explore the possibilities this property has to offer!
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
20,038 sq ft
HOA
None
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Questions about owner financing in Memphis
What is owner financing for 1860 Fairmeade Ave?
Owner financing means the seller of 1860 Fairmeade Ave 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.