10 photos
$169,900
1530 Rousselin Dr
New Orleans, LA 70119
Christopher Talbot, Talbot Realty Group · (504) 319-1452
What the listing says
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.
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
1,197.9 sq ft
HOA
None
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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. The listing for this New Orleans, LA 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 New Orleans home?
There is no standard down payment. The seller of this New Orleans home sets their own, and it is negotiable. Ask the seller or their agent.