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Owner finance

$299,900

711 Eva St

Durham, NC 27701

Beds3
Baths2
Sq ft1,040
Year built1985
Rent estimate$2,429/mo
Listed by

The owner (for sale by owner, no agent). Contact the owner through the original listing.

What the listing says

For sale (with OWNER FINANCING!) is a completely renovated, 3 bedroom/1.5 bath single family home in the heart of downtown Durham surrounded by new construction on all sides. Inside, the house has brand new LVP flooring throughout, brand new ALL wood Shaker 42" white maple cabinets with crown molding, granite countertops, and stainless-steel appliances (refrigerator, stove, dishwasher, and microwave). The kitchen flows into the dining room and living room, and crown molding and new lighting has been installed throughout the living room, dining room, and kitchen. The full bathroom has a brand new tub and both bathrooms have all wood vanities with granite countertops and new toilets. A washer/dryer area is conveniently located in the hallway outside the bedrooms with a door to keep the noise down. A custom, all wood, built-in shelving unit is directly across from the laundry area in the hallway for extra storage. All 3 bedrooms are nicely sized, with the master bedroom having 2 closets, a ceiling fan, and an en-suite half bath. The entire inside has brand new drywall (walls and ceilings) and has been completely repainted. All new interior and exterior doors have also been installed, along with all new wood trim (doors trim, window trim, and baseboards). Major upgrades also include brand new plumbing for the entire house (fully permitted), brand new double-pane windows, a new water heater, and new electric panel as well! The HVAC is only 3 years old and is in great shape and there is updated ductwork and freshly blown insulation throughout the attic for energy efficiency. Outside, there is a brand new driveway with room for 2 cars, a new sidewalk, and a large concrete patio for outdoor enjoyment. The entire exterior has new wood siding, PVC window and door trim, and has been completely repainted. There is a brand new architectural 30-year roof and brand new seamless gutters and downspouts. The house is all electric, so you only have water bills and electric bills! You may be able to build an ADU behind the house (either a single family home or a duplex). Buyer to confirm with the city if that is of interest to them. Realistic rental estimates for this house would be around $2,000/month. Lastly, that I am only looking to sell this property with owner financing / seller financing. NO CASH OFFERS NOR TRADITIONAL LOANS will be considered. The terms of the owner financing are firm and are as follows: a 15% down payment of the purchase price will be required, with the remaining balance financed at a fixed rate of 7.75% for any length amortization period (between 10 years to 40 years) that the buyer prefers. This home would work great for either an owner occupant or an investor. Please call or email if you have any further questions or want to set up a time to view the property! No wholesaling/assignment of contracts will be considered so please do not ask!

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

6,969 sq ft

HOA

None

More owner-financed homes near Durham

Questions about owner financing in Durham

What is owner financing for 711 Eva St?

Owner financing means the seller of 711 Eva 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 Durham, NC 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 Durham home?

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

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