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Owner Finance Program

Overview

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Ad number:#446111963
Contact:Landon Rothstein
City:Houston
Zip:77630

Description

YOU find a house that YOU like, you give us the down payment, we buy it with cash for you from the seller, then we sell it to you on owner financing. There is a 25% bump in price to do this. For example, if you find a house that you like for $80,000, we would purchase it and then re-sell it to you for $100,00. We can do all the way up to 30-year notes. You can cash us out at any time, there is no pre-payment penalty. On a typical $100,000 house sale on owner finance, the numbers would look like this:

Purchase Price: $100,000

Down Payment: $10,000

Loan Amount: $90,000

Interest: 10%

Term: 360 Months

Monthly Payment (Principle + Interest): $789.81

 

On a $50,000 house, the numbers would look like this:

Purchase Price: $50,000

Down Payment: $5000

Loan Amount: $45,000

Interest: 10%

Term: 360 Months

Monthly Payment (Principle + Interest): $394.91

 

The taxes and insurance are extra and not included in the above pricing because they vary quite a bit from house to house. Typically, for this price range of houses, we use $100 - $200 for taxes and $50 - $80 for insurance.

 

Give us a call/text 832-358-3730 or 281-852-7777!

 

If you prefer email: landon@123abcsold.com / landon@sellerfinanceme.com

 

Website: https://txownerfinance.com/

 

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