1601 Faro Dr APT 2403
Austin, TX 78741
1
Bedrooms
1
Bathrooms
736
Sq Ft
1983
Year Built
About This Property
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.
Property Details
Property Type
Condominium
Year Built
1983
HOA
$359/mo
Listed Price
$149,800
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 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. This property in Austin, TX 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 Austin home?
Down payment terms are negotiable. Sign up for free to get the specific financing details for this Austin property.