About This Home
Owner financing: 20% down at 5.5% interest, payments amortized over 30 years, with a 10-year loan term. The remaining balance is due at the end of year 10. Or, per the listing: 100% financing plus an $8,000 grant that can go toward the down payment, closing costs, a permanent rate buydown or buyer-agent compensation, with no repayment, no income limit, no mortgage insurance, and no first-time-buyer requirement. A move-in-ready 3-bedroom, 3-full-bath home of about 1,899 sq ft on a 50' x 100' corner lot in Holly Grove, a few blocks from Carrollton Avenue. The kitchen has quartzite countertops and backsplash, custom cabinetry and stainless steel appliances, and the living area has a custom built-in entertainment center. Custom closet built-ins, a large laundry room, a fenced yard, a covered patio and porch, and off-street parking for 3 or more vehicles.
Location
8602 Palm, New Orleans, LA 70118
Owner Finance Terms
Owner finance agreements are subject to state and local laws. Always consult a licensed real estate attorney in LA before signing any agreement.
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