Selling BELOW Tax Appraisal – Possible ZERO % Owner Finance House 3 BR 3.51 Acres Tax Value $75,100 will sell for CASH $59,700. Marion, Va. 3.51 Acres with creek (Walkers Creek) Close to Hungry Mother Park Approx. 1600 sq. feet house with outbuildings. One Bath – Three Bedrooms House has replacement windows, wiring has been upgraded – 200 amp service and has HVAC system. Needs work – Sold As Is Chilhowie District, Smyth County, Va. Zoned Agricultural/Rural Owner Finance Info. - POSSIBLE ZERO PERCENT OWNER FINANCE: At least a $5,000 down payment is required. If owner finance, the Sale Price is $117,000 – Possibly $89,700. Sale Price is $89,700 if the buyer does the following: If the buyer makes all of their payments on or before they become due and they do not damage the property. The sale price will be $89,700. Plus all of the $1000 payment will go toward the $25,000 down payment. A minimum of $1,000 monthly payment - $700 will go toward down payment. After a total of $25,000.00 down payment has been paid toward balance, property is transferred into buyer’s name. After the property has been transferred into buyer’s name, the total $1,000 monthly payments will be applied to the balance of loan at zero percent interest. Our main concern is that if we owner finance this property, the buyer will be someone that plans on buying the property and does not just rent-stay at the property for a few months and move away. They also need to show that they will take care of the property and improve the property. If the buyer can prove that they plan on buying the property, not just rent-stay for a few months and move away, we can possible work with them with the down payment and the monthly payment. Call 276.285.0516
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