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Owner finance

$73,900

10785 E Outer Dr

Detroit, MI 48224

Beds2
Baths1
Sq ft941
Year built1940
Rent estimate$1,082/mo
Listed by

Derek C Lievens, Market Elite Inc · (586) 251-0291

What the listing says

A diamond in the rough ready for your vision! This spacious home presents a great opportunity for investors or hands-on buyers looking to bring their ideas to life. Located near major highways, schools, parks, and shopping, it offers convenient access to everything the city has to offer. Schedule your private showing today! Purchaser to pay 395 processing fee. As-is sale. SELLER FINANCING / LAND CONTRACT TERMS AVAILABLE AT 85,000 PURCHASE PRICE, 27,500 DOWN PAYMENT, 8% INTEREST, 84 MONTH TERM. 896 / MONTH. seller financing/land contract terms are negotiable.

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

Single Family

Lot Size

4,791.6 sq ft

HOA

None

More owner-financed homes near Detroit

Questions about owner financing in Detroit

What is owner financing for 10785 E Outer Dr?

Owner financing means the seller of 10785 E Outer Dr 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 Detroit, 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 Detroit home?

There is no standard down payment. The seller of this Detroit home sets their own, and it is negotiable. Ask the seller or their agent.

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