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. Brand-new construction in the Gert Town neighborhood, close to Tulane, Loyola and Xavier, Ochsner Baptist, Downtown and the CBD, Carrollton Avenue, Earhart Boulevard and I-10. About 1,630 sq ft with 3 bedrooms, 2 full baths and an open plan where the kitchen flows into the living and dining areas. Energy-efficient windows, insulation, lighting and mechanical systems, a private backyard on a 30' x 120' lot, and off-street parking for two vehicles.
Location
3214 Pine St, New Orleans, LA 70125
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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