Owner Financing Available
Seller-carried financing is available to a qualified buyer, providing flexibility, speed, and terms not typically available through traditional lenders.
This financing structure is designed to be fair, transparent, and balanced for both buyer and seller.
Financing Terms Overview:
- Down payment: $640,000
- Seller-carried financing (no bank required)
- Interest rate: 5.50% fixed for the first 3 years
- Rate adjustment after year 3:
SOFR* + 2.00%, subject to a minimum rate (floor) of 6.50% - Amortization: 30-year schedule (lower monthly payments)
- Loan term: 15 years, with a balloon payment at maturity
- No bank underwriting, appraisal, or loan origination fees
- Faster closing and flexible private financing
- Final terms to be set forth in a promissory note and deed of trust
*SOFR stands for Secured Overnight Financing Rate. It is a widely used, transparent benchmark interest rate based on actual transactions in the U.S. Treasury repurchase market and is published daily by the Federal Reserve.
Important Note
Financing is subject to buyer qualification, mutually agreed terms, and final documentation. This information is provided for general informational purposes and does not constitute a binding offer.