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Owner finance

$54,900

20059 Yacama Rd

Detroit, MI 48203

Beds2
Baths1
Sq ft1,070
Year built1923
Rent estimate$1,081/mo
Listed by

Calvin Ferguson, RE/MAX Dream Properties · (734) 462-3600

What the listing says

Nice 2-bedroom home. Remodeling efforts still continue. Front porch re-built. Room sizes are estimates please measure for more accurate. Close to Hwy 75. for easy access. to downtown and surrounding areas. Seller will Finance with $15K downpayment. Please call to arrange viewing.

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

3,484.8 sq ft

HOA

None

More owner-financed homes near Detroit

Questions about owner financing in Detroit

What is owner financing for 20059 Yacama Rd?

Owner financing means the seller of 20059 Yacama Rd 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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