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Owner finance

$245,000

1737 Blue Ridge Dr

Blue Ridge, GA 30513

Beds2
Baths1
Sq ft888
Year built1940
Listed by

Jason Free, Keller Williams Realty Northwest · (770) 324-5364

What the listing says

Tired of renting and ready to own your very own place? Look no further! Rare opportunity to own a beautifully updated home with an assumable FHA mortgage featuring an interest rate in the 3% range! This renovated 2BR/1BA home offers an inviting interior, a spacious partially covered back deck perfect for relaxing or entertaining, and a level 0.44-acre lot. The seller is also willing to offer seller financing to qualified owner-occupant buyers, making this an exceptional opportunity for affordable homeownership. Eligible buyers may assume the existing FHA loan (subject to lender approval) with an approximate balance of $195,000, then finance the remaining balance above the first mortgage with a seller second at 5% interest and a 24-month balloon (terms subject to seller approval). Convenient location with easy access to shopping, dining, schools, and major highways. Financing opportunities like this are hard to find!

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

19,166 sq ft

HOA

None

More owner-financed homes near Blue Ridge

Questions about owner financing in Blue Ridge

What is owner financing for 1737 Blue Ridge Dr?

Owner financing means the seller of 1737 Blue Ridge 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 Blue Ridge, GA 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 Blue Ridge home?

There is no standard down payment. The seller of this Blue Ridge home sets their own, and it is negotiable. Ask the seller or their agent.

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