17 photos
$89,907
4410 Columbia Road 36 Rd
Magnolia, AR 71753
Bill Johnson, Realty Solution · (760) 760-4320
What the listing says
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
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
2,069,100 sq ft
HOA
None
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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. The listing for this Magnolia, AR 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 Magnolia home?
There is no standard down payment. The seller of this Magnolia home sets their own, and it is negotiable. Ask the seller or their agent.