Seller Financing Available: 608 E WIER AV PHOENIX, AZ 85040
 
INFO:
ADDRESS: 608 E Wier Av Phoenix, AZ 85040
AREA: Broadway Rd & 7th St
YEAR BUILT: 1950
HOME SIZE: 785 Square Feet
LOT SIZE: 4500 Square Feet

DIRECTIONS: From Broadway & 7th St, go south on 7th St, then west (right) on Wier to property.
LINKS:
Map
FEATURES:
Only home in this price range with a 2 car garage!
  • 2 bedroom
  • 1 bath
  • 785 square feet
  • 2 car garage, with automatic opener
  • Completely new inside and out
  • New paint
  • New carpet
  • New Ceramic tile
FINANCING FOR 608 E WIER AV:
I am offering seller financing, which means that you don't have to get a loan from a bank, so the qualifying process is a lot easier. It works like this:
  1. When you buy the home you come in with your down payment.
  2. You make monthly payments to me while you work on improving your credit.
  3. At some point in the future when you're ready to qualify for a bank loan, you refinance and pay me off.
The price of the home is $129,900. That price is based on up to 12 months of seller financing, but I can offer seller financing for up to 5 years depending on your needs. The price will be adjusted depending on the length of time needed. The interest rate is 7.99%.

The down payment amount required is flexible, but it will depend somewhat on your credit and other factors (see list of questions below).

The monthly payments would depend on the down payment. Here are a couple of examples, with 4% and 8% down:

Sale Price Percent Down Amount Down Balance Due Interest Rate Monthly Principal and Interest Insurance Property Taxes HOA Total Monthly
$129,900 4% $5,196 $124,704 7.99% $914 $33 $42 $0 $989
$129,900 8% $10,392 $119,508 7.99% $876 $33 $42 $0 $951

I will give a discount if you have your own financing.
NEXT STEPS:

Option 1: If you have your own financing, please fax your offer to 206-984-2123, or call 480-664-2193 for more info.

Option 2: If you would prefer seller financing, please answer the following questions in an email and send the email to realestatebynate@gmail.com
  1. When would you like to move in?
  2. Why are you interested in seller financing?
  3. What is your credit score approximately?
  4. How much do you have to work with for a down payment?
  5. For how long of a period would you like the seller financing?
  6. What is the most you would be comfortable with in a monthly payment?
  7. When was the last time that you experienced an eviction?
  8. When was the last time that you experienced a foreclosure?
  9. When was the last time that you experienced a bankruptcy?
  10. What is your total monthly income?
  11. How much are your total monthly expenses?
I will get back to you as quickly as possible.





 

 
Owner/Agent • Geneva Real Estate & Investments, LLC | List of All Homes Available | Seller Finance Application | Next Steps