LAND CONTRACT TERMS - Customize the existing mobile home on property or build your own home on the ~4.87 wooded acres. You must check out the newer over-sized double car garage with work room and storage shed!! Bank Owned - Sold As-Is. Special Financing from First National Bank of America may be available. Located near many rivers and lakes for hunting, fishing, boating, golfing - all that you love about Pure Michigan. 10 miles to Crystal Mountain, 25 miles to Lake Michigan, 30 miles to Traverse City, 30 miles to Cadillac and 35 miles to Manistee. Loan Terms - Monthly Payments are calculated as follows. Loan Amount = Sale Price -10% Down Payment Interest Rate = 11% or better, depending on credit Annual Percentage Rate = 11.53% Amortization = 15 Years A loan origination fee of one percent (1%) with a minimum of $550.00 will be charged. Financing is subject to underwriting approval. Loans secured by a principal dwelling will require escrow for insurance and property taxes. Insurance and tax escrows are not included in the advertised monthly payment. If required then your payment will be higher. There is no pre-payment penalty
Single-familyProperty Type
1976Year Built
4.87 acresLot Size
$67Est. Price/Sq.Ft.
2 car garageParking
Listed by Jon Zickert• REO-TCBeulah-Frankfort-233027
•231-882-4449 (broker)
•lbradford@realestateone.com (broker)
Bought with Jon Zickert• REO-TCBeulah-Frankfort-233027