2381 S 16th Rd
Ballantine, MT 59006
5
Bedrooms
3
Bathrooms
3,198
Sq Ft
1973
Year Built
About This Property
Great opportunity for up/down duplex, multi-generational property or keep as single family. Dual electrical meters. Newer HVAC. Public water/sewer. No known CC&R's. Large lot which could accommodate one or more detached ADU's. Well and ditch rights for irrigation. Big house, big lot, BIG PROJECT. Plenty wrong with-it including but not limited to animal/water/storm damage and degraded cast iron plumbing. Accepting offers from eventual owner occupants until 10/15 (owner reserves right to accept prior to). No conventional financing. Cash, trade (unimproved land), or seller financing available with $25K down (may entertain trades for down). Other offers to be entertained after 10/15. Flexible seller financing terms. 15-30yr schedule, at or below current market rates, adjustable every 3 years (to be adjusted down only), seller option for balloon after year 5, prepayment penalty before year 5. Bank letter/proof of funds for down payment and property disclosure acknowledgment by all visitors required before showing. Sale is for house lot only (tract 3B). Shop (tract 3A) to the north not included. Buyer to receive first right of refusal on shop if ever sold (tract 3A). Info deemed reliable, not guaranteed. Buyer/agent to verify all info to their satisfaction prior to closing. Owner is licensed RE Broker in MT.
Property Details
Property Type
Single Family
Year Built
1973
HOA
None
Listed Price
$239,000
Owner Financing Terms
Why Owner Financing?
- ✓ No bank qualifying
- ✓ Bad credit OK
- ✓ Fast closing
- ✓ Flexible terms
Investment Metrics
Why This Cash Deal?
- ✓ Strong investment opportunity
- ✓ Quick close possible
- ✓ Ideal for flips or rentals
Free account - No credit card required
Frequently Asked Questions About Owner Financing in Ballantine
What is owner financing for 2381 S 16th Rd?
Owner financing means the seller of 2381 S 16th Rd acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. This property in Ballantine, MT is available with owner financing terms.
Do I need good credit for owner financing?
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.
How much is the down payment for this Ballantine home?
Down payment terms are negotiable. Sign up for free to get the specific financing details for this Ballantine property.