Celia Trevino, Other/Just Looking in Combes, TX

My son is looking for an owner financed home in Willacy County from 50-200k but hasn't found one.

Asked by Celia Trevino, Combes, TX Wed May 18, 2011

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I have a listing in port mansfield and the seller will consider owner finance with a good down payment! Check out 219 Fox Dr, pleases call me for details! 956-245-0443
0 votes Thank Flag Link Sat Nov 23, 2013
Has your son approached a bank for a pre-approval? Sellers may not wish to provide financing for whatever reason he does not want to use a bank. From a seller's perspective, why would they like to wait 30 years to get paid while risking default all that time?

If your son has concerns or misconceptions about financing, I would be happy to help, otherwise I hope he can find what he wants.

Tom
0 votes Thank Flag Link Thu May 19, 2011
That is a pretty big spread. Owner financed homes are few and far between but they are out there. I have several people I work with here in the Austin area that aggregate these listings. I would find an agent in your area that is very familiar with these types of properties as you can easily get taken advantage of.

Always close in a title company! If you have any general questions please let me know. I can also recommend an agent in your area that has experience with owner financed properties. Good luck with your search.

Don Groff
REALTOR | Mortgage Broker | Consultant
Keller Williams Realty | 360 Lending Group
o.512.669.5599 m.512.633.4157
listings@dongroff.com
0 votes Thank Flag Link Thu May 19, 2011
Always use a Realtor for these types of purchases they can be rather "tricky "

Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
972-699-9111
http://www.lynn911.com
0 votes Thank Flag Link Wed May 18, 2011
It is going to be really hard to find something that will work. Owner financing is very rare and to find one that meets your son's needs will be like finding a needle in a haystack.
0 votes Thank Flag Link Wed May 18, 2011
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