16 photos
$112,000
0 Erica Ln
Belen, NM 87002
Frank Andreone, Coldwell Banker Legacy · (505) 828-1000
What the listing says
Large 28 AC Tract (as two 14 AC tracts) fronting south side of Erica Ln. ELECTRIC IN ROAD. List price for one 14 AC Tract.Large homes in area. Excellent views.NE of Belen Airport. Quick access to I-25 .Seller financing possible. Will sell tracts separately $112K EACH. Seller financing and some exchanges considered. Division into four 7 AC Tracts possible.
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
609,840 sq ft
HOA
None
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Questions about owner financing in Belen
What is owner financing for 0 Erica Ln?
Owner financing means the seller of 0 Erica Ln 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 Belen, NM 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 Belen home?
There is no standard down payment. The seller of this Belen home sets their own, and it is negotiable. Ask the seller or their agent.