11 photos
$149,800
1601 Faro Dr APT 2403
Austin, TX 78741
Don Sembera, Moreland Properties · (512) 480-0848
What the listing says
BOM! Buyer was approved, all inspections done, ready to close, then buyer had health-related family emergency and was unable to go forward. Seller would love to cash out but will consider owner financing for right buyer. Long-term owner lovingly maintained the unit and made numerous improvements, including wood-look tile flooring, kitchen with new countertops, paint, and popcorn-free ceilings! Complex is quiet with a lot of land and many shade trees. HOA dues cover water, trash, and exterior upkeep. Lovely pool. Covered patio in back is a great place for coffee in the morning and relaxing at the end of the day. NOTE: complex is non-warrantable at this time but is in the process of getting approved for FHA financing.
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
Condominium
HOA
$359/mo
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Questions about owner financing in Austin
What is owner financing for 1601 Faro Dr APT 2403?
Owner financing means the seller of 1601 Faro Dr APT 2403 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 Austin, 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 Austin home?
There is no standard down payment. The seller of this Austin home sets their own, and it is negotiable. Ask the seller or their agent.