1530 Rousselin Dr
New Orleans, LA 70119
1
Bedrooms
1
Bathrooms
634
Sq Ft
1968
Year Built
About This Property
Bond for Deed Terms: Down Payment: 10% due at closing, Interest Rate: 5%, Amortization: 30 years Additional Principal Payment: 10% due at year 2 Balloon Payment: Remaining balance due at year 5. Charming shotgun cottage offering an excellent opportunity for an owner-occupant or investor in a convenient New Orleans location. This 1-bedroom, 1-bath single-family home offers approximately 634 living square feet on a 20' x 60' lot and features a functional layout with no carpet and a recently replaced roof. Conveniently located with convenient access to Mid-City, downtown, and the Fair Grounds/Jazz Fest area, plus nearby restaurants, parks, and neighborhood amenities. Owner financing available.
Property Details
Property Type
Single Family
Year Built
1968
Lot Size
1,197.9 sq ft
HOA
None
Listed Price
$169,900
Owner Financing Terms
Why Owner Financing?
- ✓ No bank qualifying
- ✓ Bad credit OK
- ✓ Fast closing
- ✓ Flexible terms
Free account - No credit card required
Frequently Asked Questions About Owner Financing in New Orleans
What is owner financing for 1530 Rousselin Dr?
Owner financing means the seller of 1530 Rousselin Dr acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. This property in New Orleans, LA is available with owner financing terms.
Do I need good credit for owner financing?
No! One of the biggest advantages of owner financing is that you typically don't need to qualify through a bank. This makes it possible to buy a home even with bad credit, no credit history, or self-employment income that's hard to document.
How much is the down payment for this New Orleans home?
Down payment terms are negotiable. Sign up for free to get the specific financing details for this New Orleans property.