18 photos
$420,000
2650 S Melville Dr W
Magna, UT 84044
Lily G. Stott, Real Estate Essentials · (801) 610-9563
What the listing says
SELLER FINANCING opportunity in Magna. Seller financing terms include $35,000 down, 5.875% interest, and a 35 year balloon. Monthly PITI is $2,698.67. A great opportunity for buyers looking for an alternative to traditional financing. This home offers 3 bedrooms, 1.5 bathrooms, a 1-car garage, new HVAC, new paint, and new carpet. It currently has 4 rooms, with the option to easily convert one back into a family room. Message me for more information or to schedule a showing.
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
HOA
None
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Questions about owner financing in Magna
What is owner financing for 2650 S Melville Dr W?
Owner financing means the seller of 2650 S Melville Dr W 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 Magna, UT 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 Magna home?
There is no standard down payment. The seller of this Magna home sets their own, and it is negotiable. Ask the seller or their agent.