305 Fife St, Carrier Mills IL - Owner Finance Home
Owner FinanceCash Deal

305 Fife St

Carrier Mills, IL 62917

🛏️

3

Bedrooms

🚿

1

Bathrooms

📏

1,440

Sq Ft

📅

1950

Year Built

About This Property

3 bedroom, 1 bath home with a 1 car attached garage and a detached garage! This home has gas heat and central A/C. Seller's name is The Secretary of The United States Department of Veterans Affairs. Seller does not pay customary closing costs: including title policy, escrow fees, survey or transfer fees. Proof of funds required on cash transactions: Lender pre-approval letter for all financed offers (dated within 30 days) This property MAY qualify for Seller financing. (Vendee). If property was built prior to 1978, Lead Based Paint Potentially Exists. This home failed a pressure test at winterization and no water will be turned on for a buyers inspection or appraisal.

Property Details

Property Type

Single Family

Year Built

1950

HOA

None

Listed Price

$58,500

Owner Financing Terms

Why Owner Financing?

  • No bank qualifying
  • Bad credit OK
  • Fast closing
  • Flexible terms

Investment Metrics

Rent Estimate$1,497/mo

Why This Cash Deal?

  • Strong investment opportunity
  • Quick close possible
  • Ideal for flips or rentals
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Frequently Asked Questions About Owner Financing in Carrier Mills

What is owner financing for 305 Fife St?

Owner financing means the seller of 305 Fife St acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. This property in Carrier Mills, IL 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 Carrier Mills home?

Down payment terms are negotiable. Sign up for free to get the specific financing details for this Carrier Mills property.