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Owner financeForeclosure

Est.$109,500

11446 S Homewood Ave

Chicago, IL 60643

Beds3
Baths2
Sq ft1,309
Year built1948
Rent estimate$2,665/mo
Listed by

James Morris, JMRI Corp · (312) 330-6911

What the listing says

Brick Cape Cod in great area! Located in the heart of Morgan Park, this 3-bedroom, 2 bath home offers tremendous potential. Nice curb appeal, large backyard and full basement for additional living space. Conveniently located near the Metra, I-57, shopping and a half block from the park. Bring your creative ideas and make this house a dream home. V.A. owned and sold in "as-is, where-is" condition. Seller will make no repairs. Property was built before 1978, and lead-based paint may potentially exist. Property may qualify for Seller Financing (Vendee). Due to condition, the property may have health/safety risk(s). Prior to entry / access, all parties must sign a Hold Harmless Agreement, and the property may only be shown by appointment.

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

5,623.596 sq ft

HOA

None

More owner-financed homes near Chicago

Questions about owner financing in Chicago

What is owner financing for 11446 S Homewood Ave?

Owner financing means the seller of 11446 S Homewood Ave 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 Chicago, IL 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 Chicago home?

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

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