608 S Loving Ave Sherman TX 75090
Owner Financing Available!!!
Great Fixer Upper! Save $$ and Make Repairs Yourself!
OWNER FINANCING AVAILABLE! 3/1 in East Sherman for only $45,000! Call TODAY 903-500-2225
608 S Loving Ave, Sherman, TX 75090 is a 3 bedroom 1 bath house near Cherry Street Park, Hawn Park, and Austin College. It is located in an established neighborhood. It is in Crutchfield Elementary School zone. Families can walk to school or one of the nearby parks! This neighborhood is overrun with children!
This house needs quite a bit of work, but it has great bones. Owner financing will allow you to save money by making the repairs yourself! It has original hardwood floors that can be beautifully refinished. It needs plumbing, and electrical work. The bathroom needs to be finished out, and the 3rd bedroom needs roof repair, and basically a full remodel. The $45,000 price reflects buying the home AS IS and doing the repairs yourself.
This house is currently occupied, so please do NOT disturb the occupants. Viewings will be scheduled by Joy. Give her a call at 903-500-2225.
Owner Finance Buyers MUST: Have at least 10% Down Payment, be prepared to pay the closing costs of approximately $1500, be able to afford the monthly payments, pay 1 year of insurance up front at closing (or have insurance set up on monthly bank draft with Moore Acquisitions listed as the Mortgagee (Lien Holder), and accept the property AS-IS with no warranty.
More pictures will be available of the interior after occupants are moved out.
Owner Finance Price: $45,000
Down Payment: Minimum of $4500
Closing Costs will be approximately $1500
After Repair Value: $80,000 (talk about sweat equity!!)
$ 45,000 Sale Price
$ 4,500 Down Payment
$ 40,500 Balance @ 9.9% for 30 years
$ 352 Principal + Interest
$ 50 Taxes/mo. (Approx. $510.32 Per year)
$ 75 Insurance
$ 35 Escrow Servicing
$ 512 TOTAL PITIS
Approximately $1,500 Closing Costs
*Nothing herein is to be construed as an offer of owner financing. All offers, negotiations, and discussion of terms of any financing must be made by a licensed residential mortgage loan originator (RMLO) or attorney pursuant to Chapter 180 of the Texas Finance Code. Examples are for illustrative or informational purposes only. Actual terms of financing will vary.
You do NOT have to have perfect credit!
Call Joy at 903-500-2225, and we will be happy to discuss the details and make an appointment to see the inside of the home.
608 S Loving Ave Sherman TX 75090 Owner Financing Available