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Owner finance

$649,950

19649 Highway 314

Belen, NM 87002

Beds2
Baths1
Sq ft1,338
Year built1989
Listed by

Clarissa Chavez-Rivera, Gerald Chavez Realty Inc · (505) 450-6682

What the listing says

Loads of possibilities with 3 homes on 3 acres! Could be income producing property, multi-generational compound or commercial potential with approximately 616 feet of highway frontage. The house has a living room, formal dining room, kitchen, 2 bedrooms, 1 bathroom and laundry room with carport and storage building. The 2 accessory dwellings are single-wide homes: each with 3 bedrooms, 2 bathrooms, living room, country kitchen and laundry. There is also a billboard which produces income. The total lot size is 3.19 acres. All units are rented month-to-month. Seller is offering owner 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

Single Family

Lot Size

138,956 sq ft

HOA

None

More owner-financed homes near Belen

Questions about owner financing in Belen

What is owner financing for 19649 Highway 314?

Owner financing means the seller of 19649 Highway 314 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 Belen, NM 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 Belen home?

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

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