Investor sale. Property is occupied and sold with existing Contract for Deed in place. Seller is selling full position. Purchaser receives monthly principal & interest payments from current buyer-occupant, subject to contract terms. Contract began 3/5/24 and matures 3/5/54. Fixed monthly payment is $1,094.22. Late fee is $150 if payment remains unpaid more than 10 days after due date. This is not a traditional rental. Occupant is responsible for repairs and maintenance under existing agreement, while New Owner is responsible for the property taxes and insurance. Listing Agent is a part owner of the selling entity. Listing Agent’s partner is also an actively licensed real estate broker.
Courtesy of Phil Duke Jr with EXP Realty - Central