20K down 3 2 car .7 acre Borders National Forest Owner Carry

20K down 3 2 car .7 acre Borders National Forest Owner Carry

$145000 / 3br — 20k down 3/1.5 house 2 car .7 acre Borders National Forest Owner Carry (portola)

3 BR / 1.5 Ba house available oct 01

off-street parking

Private Cash Sale on Historic Casey Jones house (built in 1984) — 2 story, 3 bedroom, 1 and 1/2 bath house with over sized detached 2 car garage with its own electric service panel. All located on the edge of a private and quiet community about 1 mile or so from downtown Portola California.

There is a Coop grocery store, a larger grocery store, banks, many restaurants and 2 low priced gas stations as well as all the other small town amenities you might need. There are 2 hardware stores, all located in or around Portola.

Large level fenced lot is .71 acre with over 70 trees is bordered by the Plumas National Forest.

You can walk out your back yard imediatly into the National Forest, then down a gentle slope to the edge of the Feather River for a swim or to catch your fish dinner in complete serenity.

Ceiling fans are in the 2 upstairs bedrooms and they both have sliding glass doors to their own private decks.

The entire house is wrapped with a ground floor porch as well.

Ground floor has new Brazilian Cherry flooring in the living room and in a bedroom that has its own attached 1/2 bathroom. The upstairs is carpeted with mirror closet doors and new drapes. The entire house has fresh paint inside. The two bathroom floors are new marble tile and have new toilets. The hot water heater and well pump are new as well.

Even a new tub. shower valve, bath sink and base.

Washer hookups are in the larger bathroom.

There is space to add a shower into the 1/2 bath to make it full.

There is a detached 2 car garage with power and extra workshop space.

The entire lot is fenced in wood. There is a separate smaller wire fenced area for a dog or garden but we prefer a garden.

Roofs looks new.

garage has slab and slab parking pad outside the garage doors. Garage has ABS drains to slab so you can add a bathroom and kitchen into the garage for another unit.

Here is the deal

Price 145000

Rate 10%

Term 40 years. (you can go shorter but calculate the new monthly payment of course.)

Down Payment 20,000 (The more the merrier if she wants a lower payment )

125,000 First position loan that can never be a second.

Monthly payments of 1,061.43 + notecollection.com will collect the payments and they have a 5-10$ a month fee. You pay all of their fees.

Fire insurance required through the entirety of the loan with seller listed on the policy as paid off first.

No penalty for early payoff of 10k or more.

$1000. prepayment penalty for less than 10,000

( I just dont want to have to recalculate the note every time you pay an extra $20. )

Buyer pays all inspections escrow, title, closing costs.

The terms of this offer requires and minimum credit score of the average of the top three credit reporters to be. 750.

If it is higher. great. if it is lower, you should be prepared for the rate to be higher by .001 per 10 points.

ie if she has a 720 then the rate is .103

Seller has no problem with buyer refinancing to a conforming bank loan for payoff at any time. even within 1 year. Owner financing can be a great way for someone with less than excellent credit to become a home owner.

  • do NOT contact me with unsolicited services or offers

post id: 4691557611

posted: 2014-09-29 1:40pm

updated: 2014-10-05 9:44am

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