4410 Columbia Road 36 Rd, Magnolia AR - Owner Finance Home
Owner Finance

4410 Columbia Road 36 Rd

Magnolia, AR 71753

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Bedrooms

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Bathrooms

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Sq Ft

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Year Built

About This Property

Unique: Income & good hunting. On the NE corner is a small older home occupied by a family that s been there 40 years. I ve given them a lease-option on the home and surrounding 2 acres, paying $500/month for six years. Complete the agreement and they get the 2 acres; otherwise, they can be evicted. The owner also has the right to cancel the lease-option. Your choice: keep collecting $500/month for almost six years or cancel and use the entire 47.5 acres and home. Either way, you get excellent hunting land, easy access and a year-round creek. Hunt deer, turkey and quail. Keep the lease and your effective cost for the remaining 45.5 acres is under $1,300/acre

Property Details

Property Type

Land

Lot Size

2,069,100 sq ft

HOA

None

Listed Price

$88,901

Owner Financing Terms

Why Owner Financing?

  • No bank qualifying
  • Bad credit OK
  • Fast closing
  • Flexible terms
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Frequently Asked Questions About Owner Financing in Magnolia

What is owner financing for 4410 Columbia Road 36 Rd?

Owner financing means the seller of 4410 Columbia Road 36 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 Magnolia, AR 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 Magnolia home?

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