5 photos
$12,000
5 Street SW
Rio Rancho, NM 87124
Frank Andreone, Coldwell Banker Legacy · (505) 828-1000
What the listing says
Close in .5 AC lot but no utility on site. Seller will finance. Some exchanges considered.Has 5 more lots in Unit 20 NE Rio Rancho.Homes are up 2 streets over. See sat pics and PLAT in photos. (Note-Plat was entered upside down )
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
Land
Lot Size
21,780 sq ft
HOA
None
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Questions about owner financing in Rio Rancho
What is owner financing for 5 Street SW?
Owner financing means the seller of 5 Street SW 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 Rio Rancho, 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 Rio Rancho home?
There is no standard down payment. The seller of this Rio Rancho home sets their own, and it is negotiable. Ask the seller or their agent.