19 photos
$297,000
34237 N US Highway 550 #9 #9
Durango, CO 81301
Scott Kurlander, Keller Williams Realty Southwest Associates, LLC · (970) 375-3219
What the listing says
Reduced to $297,000 with seller financing for qualified buyer. Like new 2 bedroom, 1 bath, Hermosa Hills condominium on the 3rd floor corner unit (top level is quiet with no noise above). The upstairs corner unit has been completely remodeled with new "life proof" vinyl flooring, paint, kitchen counters, tile back splash appliances, and trex deck with views overlooking the Animas Valley, open floor plan, and master bedroom with larger closet and two windows. The new stainless steel finished appliances include a dishwasher, refrigerator/freezer, smooth top electric range/oven, and recently replaced Hot Water Heater. The complex is "DOG FRIENDLY". There are two designated parking spaces plus guest parking, storage closet on the main level (combination code 4236), and on site common laundry room (combination code 4236. HOA Fee is $350.00 per month. Separately metered LPEA Electric. Seller financing terms for a qualified buyer at 6% interest, 30 year amortization, 10 year balloon.
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
Condominium
HOA
None
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Questions about owner financing in Durango
What is owner financing for 34237 N US Highway 550 #9 #9?
Owner financing means the seller of 34237 N US Highway 550 #9 #9 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 Durango, CO 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 Durango home?
There is no standard down payment. The seller of this Durango home sets their own, and it is negotiable. Ask the seller or their agent.