1620 E Meyers Ave, Hazel Park MI - Owner Finance Home
Owner Finance

1620 E Meyers Ave

Hazel Park, MI 48030

🛏️

2

Bedrooms

🚿

1

Bathrooms

📏

788

Sq Ft

📅

1951

Year Built

About This Property

Attractive 2 bedroom, 1 bath ranch in Hazel Park offering a clean, move-in ready interior and flexible seller financing. This home features a bright living room with large windows, two comfortable bedrooms, and a functional kitchen and bath. Updates include newer windows, driveway, and water heater. The home has been staged and presents well. Seller financing available. Land contract terms: $142,900 purchase price, $18,000 down payment, 9.75% interest, 30-year amortization with a 7-year balloon. Approximate monthly principal and interest payment of $1,095. Buyer is responsible for property taxes and insurance. A professional third-party servicing company will handle buyer qualification, payment collection, and ongoing administration of the land contract. An escrow account for taxes and insurance will be required. Terms Negotiable. Convenient location near shopping, schools, and major freeways. Ideal opportunity for a buyer seeking ownership with structured, professionally managed financing. Schedule your private showing today.

Property Details

Property Type

Single Family

Year Built

1951

HOA

None

Listed Price

$128,500

Owner Financing Terms

Why Owner Financing?

  • No bank qualifying
  • Bad credit OK
  • Fast closing
  • Flexible terms
Get More Details

Free account - No credit card required

Frequently Asked Questions About Owner Financing in Hazel Park

What is owner financing for 1620 E Meyers Ave?

Owner financing means the seller of 1620 E Meyers Ave acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. This property in Hazel Park, MI 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 Hazel Park home?

Down payment terms are negotiable. Sign up for free to get the specific financing details for this Hazel Park property.