10 photos
$199,000
1100 Rice Ln
Big Island, VA 24526
Norman S. Domingo, XRealty.net LLC · (301) 693-4697
What the listing says
Great well taken care of one story home with remodeled bathroom with large fenced in yard. Large carport for two cars and two large sheds for storage. Sits on one acre for large garden and future buildings. Only half a mile to the James River boat ramp. 30 minutes to Lynchburg, Bedford, and Glasgow. Updates already completed new electric panel, plumbing, septic line, flooring, and bathroom. Owner will carry loan with seller financing with below market interest rate of only 5% with only $3000 down. Monthly estimated payments of $1198 (includes mortgage, taxes, and insurance). Buyer to pay sellers closing costs. Special terms apply to mortgage - Low down payment so buyer can make own future improvements to home. Open to cash offers.
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
Mobile Home
Lot Size
43,560 sq ft
HOA
None
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Questions about owner financing in Big Island
What is owner financing for 1100 Rice Ln?
Owner financing means the seller of 1100 Rice 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 Big Island, VA 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 Big Island home?
There is no standard down payment. The seller of this Big Island home sets their own, and it is negotiable. Ask the seller or their agent.