116 Sollers Point Road

Welcome to a beautifully renovated property in the heart of
Dundalk (Baltimore County). This newly renovated End Of Group (EOG) townhouse is an
exceptional opportunity for someone who wants to become a homeowner WITHOUT BANK
FINANCING! The sellers of this property are offering “Seller Financing” to the right buyer
(full details below). Dundalk is a vibrant community with a rich history and a promising
future. With ongoing development projects and a strategic location near major highways, it
offers excellent opportunities for residents. What is Seller Financing? Seller Financing is a
real estate agreement in which the seller handles the mortgage process instead of a
financial institution. Instead of applying for a conventional bank mortgage, the buyer signs
a mortgage with the seller. The seller becomes the bank, which reduces closing costs, fees,
and the stressful loan approval process. How much will it cost? The purchase price is
$160,000. (Comparable sales in the last year have sold up to $220,000) The buyer will need
20-25% as a down payment ($32,000-40,000). The interest rate will depend on the down
payment amount, your credit and income. The interest rate will be fixed for 30 years, and
you will make normal monthly mortgage payments. The interest rate will vary from 8.5-
11.5%. Monthly mortgage payments will vary, but will range from $1125-$1475 depending on
the above factors.

Listing courtesy of Hawkins Real Estate Company (410) 413-3575

© 2024 Bright MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Listing courtesy of Hawkins Real Estate Company. Data last updated on Sunday, September 22nd, 2024 06:53:16 PM.