8 photos
$109,900
PARCEL M5 River Trails Rd
Houghton, MI 49931
CHRISTOPHER COPONEN, CENTURY 21 AFFILIATED · (906) 281-2156
What the listing says
Nestled near the banks of the Pilgrim River, this beautiful parcel is ready for your future dream home. Parcel M5 is a ridgeline site with open space to the North and golf course views to the South. The River Trails Development is directly adjacent to the Michigan Tech Trails, which offer access for mountain biking, trail running, hiking and Nordic skiing. Adventure awaits as you ll find yourself surrounded by nature at every turn. Enjoy all the features in the one-of-a-kind River Trails setting with trails, river, open spaces, mature forests and heirloom apple trees throughout. The Pilgrim River, is just steps away, making it the ideal spot for trout fishing enthusiasts. Seller financing is available with terms of 50% down / 5% interest / 10 year am / no points, appraisal, or credit check. Seller is offering a 10% cash discount on the next 2 parcel sales. For more information on the River Trails Development, see www.rivertrailsland.com. NOTICE: Information is believed accurate but not guaranteed. Buyers must inspect & verify all property details. Buyers accept all risks of inaccuracies, including but not limited to, acreage, lot size/location, square footage, & utility availability/costs. Real estate taxes will be reassessed & may change significantly after sale; do not assume your tax bills will match the seller s. Taxes are not zero. GIS, apps and plat book pages/maps are not surveys. Audio/video recording may occur on the property; entry implies consent to recording. OFFERS: Please allow 72 hours for a response. Seller may set or change offer deadlines at any time with or without notice.
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
72,310 sq ft
HOA
$42/mo
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Questions about owner financing in Houghton
What is owner financing for PARCEL M5 River Trails Rd?
Owner financing means the seller of PARCEL M5 River Trails 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 Houghton, 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 Houghton home?
There is no standard down payment. The seller of this Houghton home sets their own, and it is negotiable. Ask the seller or their agent.