Welcome to a beautifully renovated property in the heart ofDundalk (Baltimore County). This newly renovated End Of Group (EOG) townhouse is anexceptional opportunity for someone who wants to become a homeowner WITHOUT BANKFINANCING! The sellers of this property are offering “Seller Financing” to the right buyer(full details below). Dundalk is a vibrant community with a rich history and a promisingfuture. With ongoing development projects and a strategic location near major highways, itoffers excellent opportunities for residents. What is Seller Financing? Seller Financing is areal estate agreement in which the seller handles the mortgage process instead of afinancial institution. Instead of applying for a conventional bank mortgage, the buyer signsa mortgage with the seller. The seller becomes the bank, which reduces closing costs, fees,and the stressful loan approval process. How much will it cost? The purchase price is$160,000. (Comparable sales in the last year have sold up to $220,000) The buyer will need20-25% as a down payment ($32,000-40,000). The interest rate will depend on the downpayment amount, your credit and income. The interest rate will be fixed for 30 years, andyou will make normal monthly mortgage payments. The interest rate will vary from 8.5-11.5%. Monthly mortgage payments will vary, but will range from $1125-$1475 depending onthe above factors.
Welcome to a beautifully renovated property in the heart ofDundalk (Baltimore County). This newly renovated End Of Group (EOG) townhouse is anexceptional opportunity for someone who wants to become a homeowner WITHOUT BANKFINANCING! The sellers of this property are offering “Seller Financing” to the right buyer(full details below). Dundalk is a vibrant community with a rich history and a promisingfuture. With ongoing development projects and a strategic location near major highways, itoffers excellent opportunities for residents. What is Seller Financing? Seller Financing is areal estate agreement in which the seller handles the mortgage process instead of afinancial institution. Instead of applying for a conventional bank mortgage, the buyer signsa mortgage with the seller. The seller becomes the bank, which reduces closing costs, fees,and the stressful loan approval process. How much will it cost? The purchase price is$160,000. (Comparable sales in the last year have sold up to $220,000) The buyer will need20-25% as a down payment ($32,000-40,000). The interest rate will depend on the downpayment amount, your credit and income. The interest rate will be fixed for 30 years, andyou will make normal monthly mortgage payments. The interest rate will vary from 8.5-11.5%. Monthly mortgage payments will vary, but will range from $1125-$1475 depending onthe above factors.
Neighborhood
Type
Total Baths
County
Baltimore
Tax Amount
$748
Status
Active
Listing #
MDBC2102336
Built
1944
Lot Size
0.06
Listed on site
62 days
Listing Agent Id
121135573087