12 photos
$199,998
5961 NW 2nd Ave APT 612
Boca Raton, FL 33487
Todd Nation, Todd Nation · (518) 491-5088
What the listing says
Considered the Brightest and best line in the building and one of the best buildings in Boca Teeca with additional windows and added privacy that come with a corner location, the home feels open, airy, and exceptionally livable.First time on the market since purchased new in 1972, Estate sale with amazing benefit:Seller Financing available for renovations at interest only for 24-month at 7.25% (around $900/month which covers your renovation period. Once renovations are complete, the LoC converts to a 60-month fixed-rate term loan at 6.75%. At the point of the loan conversion owner decides to either pay off their share with re-finance in full or convert it into the 60-month Sellers loan. This was Grandmas home for 50 years and will need to be renovated unless you like as is. Sold with a New AC unit worth $8,000 to be installed prior to closing date.
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
Condominium
HOA
$900/mo
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Questions about owner financing in Boca Raton
What is owner financing for 5961 NW 2nd Ave APT 612?
Owner financing means the seller of 5961 NW 2nd Ave APT 612 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 Boca Raton, FL 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 Boca Raton home?
There is no standard down payment. The seller of this Boca Raton home sets their own, and it is negotiable. Ask the seller or their agent.