13 Contact Court

Welcome to a beautifully renovated property in Baltimore County. This newly renovated Single Family Home 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).This house is a 3 beds and 2 full bathrooms, with a fully finished basement.EVERYTHING was just fully renovated from top to bottom!This sale is intended for the new owner occupant, NOT an investor.We will NOT accept traditional financing from a bank or mortgage lender.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 $300,000.The buyer will need 20-25% as a down payment ($60,000-75,000).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 xxxxxxx depending on the above factors.If you have 20%+ as a down payment and are interested in applying, please schedule a showing.

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

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