Description:
Financing is an option with a down payment of 30% of the posted purchase price with 10% annual interest. The term may vary depending on the total price of the claim.
*Terms:
$5000 and below: 1 year
Above $5000 to $10,000: 2 years
Above $10,000 to $25,000: 3 years.
All properties above $25,000 will be negotiated upon terms of sale.
*Trades and other terms may be negotiable.
Example #1:
Purchase Price: $3000
Down payment: $900
Balance of Payments: $2300
Term of Payments: Monthly over 12 Months
Interest rate: 10%:
Monthly Payment: $202.21
Example #2:
Purchase Price: $10000
Down payment: $3000
Balance of Payments: $7000
Term of Payments: Monthly over 24 Months
Interest rate: 10%:
Monthly Payment: $323.01