21 photos
$120,000
5325 Sitka St
Burton, MI 48519
Jennifer Spiers, Great Lakes Team Realty · (248) 419-9474
What the listing says
Handyman Special Seller Financing Available Seller Financing of Rehab! Build serious sweat equity in a highly desirable neighborhood with a large lot. Comparable renovated homes in the area are valued around $210,000, and this one is offered at $120,000 for a buyer ready to finish the job. The home is gutted to the studs and needs new HVAC, plumbing, and electrical. The big exterior items are already done, with a new roof and new windows. Seller financing is available, and the seller can also cover the cost of materials and add that to the purchase price. A great opportunity for a skilled handyman or investor who wants a blank canvas and real equity at the finish line.
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 Burton
What is owner financing for 5325 Sitka St?
Owner financing means the seller of 5325 Sitka St 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 Burton, MI 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 Burton home?
There is no standard down payment. The seller of this Burton home sets their own, and it is negotiable. Ask the seller or their agent.