24 photos$269,995
1400 S 45th St
Corsicana, TX 75110
The owner (for sale by owner, no agent). Contact the owner through the original listing.
What the listing says
Owner finance only at this time. Purchase Terms Down Payment Options - Buyer may choose: 10% down payment ($26,900), or 20% down payment ($53,800) Fixed interest rate of 8.0% annually Loan will be amortized over a 20 or 25 year period depending on buyer option. Monthly Payments: Principal and interest payments for 20 year note with 10% down will be $2588.40 monthly not including taxes and insurance. Principal and interest payments for 20 year note with 20% down will be $2252.62 monthly not including taxes and insurance. Principal and interest payments for 25 year note with 10% down will be $2431.94 monthly not including taxes and insurance. Principal and interest payments for 25 year note with 20% down will be $2123.45 monthly not including taxes and insurance Prepayment Restrictions Buyer may not pay off the loan early, refinance the property, or make additional principal-only payments unless approved in writing by Seller. Buyer may not lease/rent or sell property unless approved by seller. Taxes and Insurance Buyer shall be responsible for: Property taxes Insurance Maintenance and upkeep of the property Seller will require proof of insurance naming Seller as mortgagee/lien holder. Default Failure to make payments as agreed may result in default and foreclosure proceedings in accordance with Texas law and the terms of the final loan documents. Closing Final terms, payment amounts, and legal documents will be prepared and executed at closing.
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
3,288 sq ft
HOA
None
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Questions about owner financing in Corsicana
What is owner financing for 1400 S 45th St?
Owner financing means the seller of 1400 S 45th St 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 Corsicana, TX 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 Corsicana home?
There is no standard down payment. The seller of this Corsicana home sets their own, and it is negotiable. Ask the seller or their agent.















