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Owner finance

$64,500

18712 Waltham St

Detroit, MI 48205

Beds3
Baths2
Sq ft1,227
Year built1939
Rent estimate$1,591/mo
Listed by

Derek C Lievens, Market Elite Inc · (586) 251-0291

What the listing says

A blank canvas ready to be brought to life, this generously sized home is full of potential and possibility. Perfect for investors seeking their next project or a hands-on homeowner ready to create something truly their own, this property is all about vision and upside. Ideally located near major highways, schools, parks, and shopping, it offers convenience without compromise. With the right touch, this could be something special schedule your private showing and imagine what it can become. Purchaser to pay 395 processing fee. As-is sale. SELLER FINANCING / LAND CONTRACT TERMS AVAILABLE AT 75,000 PURCHASE PRICE, 25,000 DOWN PAYMENT, 8% INTEREST, 84 MONTH TERM. 779 / MONTH. seller financing/land contract terms are negotiable.

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

5,227.2 sq ft

HOA

None

More owner-financed homes near Detroit

Questions about owner financing in Detroit

What is owner financing for 18712 Waltham St?

Owner financing means the seller of 18712 Waltham St 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 Detroit, MI 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 Detroit home?

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

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