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Owner finance

$62,900

2 Rhondas Way

Bean Station, TN 37708

Listed by

Felix Valdes, Cherokee Lake Realty · (865) 471-8222

What the listing says

Owner Financing is Available! Sales price is for both Lots 1 and 2. Rarely do we see two lots side by side selling in a subdivision, providing 2.39 acres of privacy. The biggest complaint we hear about most subdivisions is that the lots are too small, the next-door house is too close. Well, that won't be the case here. Lot 1 and Lot 2 give you that space. The rear of the lots are wooded, again providing privacy, and the front is road frontage. Leons Rock subdivision is known for higher elevation lots, but these lots are at the entrance of the community providing no elevation and easy access to Rocky Springs Road. Lot 1 also has a water feature in the way of a pond. So, here are the options. The developer of the Leons Rock Subdivision owns both lots. They can be combined, and you build one home with lots of space around you. Or you can build two homes, since these are two lots. Your call. There are no HOA fees in this community. Manufactured homes are not permitted, homes must be site built. Tennessee, which has NO State Income Tax and some of the lowest property taxes in the nation. No city property taxes. Four full, mild seasons. Within an 8-hour drive of 20 states, and the Great Smoky Mountains in its backyard. Located in Grainger County, with its scenic farmland, but close to all necessary amenities. German Creek Marina is across the road. Close to the town of Morristown. Restaurants, malls, golf courses, theaters, hospitals, schools, and retail shops are all nearby. Looking for paradise for your future home? It doesn't get much better than this. Live the Cherokee Lake Life!

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

Lot Size

104,108 sq ft

HOA

None

More owner-financed homes near Bean Station

Questions about owner financing in Bean Station

What is owner financing for 2 Rhondas Way?

Owner financing means the seller of 2 Rhondas Way 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 Bean Station, 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 Bean Station home?

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

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