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 newly restored, move-in-ready single-family home on Palmetto Street between Carrollton and Old Metairie, with 11-foot ceilings and bright interiors. The kitchen has quartz countertops, all stainless steel appliances, custom cabinetry and a center island. The family room has a wall of built-in bookcases and an entertainment center. 3 bedrooms and 2 updated baths, including a primary suite with an oversized walk-in closet and en-suite bath, plus a large interior laundry room.
Location
8513 Palmetto St, 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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