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Owner financeCash deal

$179,000

5006 Shoals Ln

Chattanooga, TN 37416

Beds4
Baths3
Sq ft2,220
Year built1971
Zestimate$297,900
Of Zestimate60%
Rent estimate$2,459/mo
Listed by

Aaron P Shipley, Blue Key Properties LLC · (423) 421-8888

What the listing says

Be the first for this one! It will not be around for long at this price. This home has a lot to offer. It was built in 1971 and has 2,200 square feet of living space. Eight rooms: 4 bedrooms, 2.5 baths, large family/living room, kitchen area. The prequalification letter or cash offers with proof of funds. Seller does not pay customary closing costs: including title policy, escrow fees, and survey or transfer fees. Proof of funds required on cash transactions; Lender Preapproval letter for financed offers (dated within the last 30 days. This property was built prior to 1978 and may contain lead-based paint. The property is being sold as is-as. No repairs can be completed before closing. The property is being sold as is-as. No repairs can be completed before closing. This property may qualify for Seller Financing (Vendee). All offers must be submitted at www.vrmproperties.com. Agents must register as a User, enter the property address, and click on ''Start Offer''

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

More owner-financed homes near Chattanooga

Questions about owner financing in Chattanooga

What is owner financing for 5006 Shoals Ln?

Owner financing means the seller of 5006 Shoals Ln 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 Chattanooga, TN 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 Chattanooga home?

There is no standard down payment. The seller of this Chattanooga home sets their own, and it is negotiable. Ask the seller or their agent.

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