Canyon Park Village

Beautiful 3-Bedroom Canyon Country Condo Seller Financing Available! Approx. $3,300/Month 3 Bedrooms | 2 Bathrooms | Approx. 1,100 Sq. Ft. | Princessa Estates WHY RENT WHEN YOU CAN OWN? This well-located 3-bed, 2-bath condo in the desirable Princessa Estates community offers a unique seller-financing opportunity for a qualified buyer who wants to become a homeowner but may not be ready or able to obtain traditional bank financing. Proposed seller-financing terms: * Purchase Price: $500,000 * Down Payment: $50,000 * Seller Financing: $450,000 * Interest Rate: 4.5% fixed (below market interest rate) * Amortization: 40 years * Estimated Monthly Payment: Approximately $3,300/month (includes property taxes, homeowners insurance and HOA) * No balloon payment * No prepayment penalty WHO COULD THIS BE GREAT FOR? - Buyers with strong income but less-than-perfect credit who are having difficulty qualifying for conventional financing. - Self-employed business owners, entrepreneurs and commission-based professionals whose income may be difficult for traditional lenders to document. - Buyers who have a substantial down payment but want to preserve more of their cash rather than putting a large amount down with a conventional mortgage. - Buyers who are tired of paying approximately $3,000+ in rent and would rather put their monthly housing payment toward owning a home. - Buyers who expect their financial situation or credit profile to improve over the next several years and want a path to homeownership now rather than continuing to rent. - Families looking for more space with 3 bedrooms and 2.5 bathrooms in a residential community. WHY CONSIDER SELLER FINANCING? - Traditional mortgage qualification isn't the right fit for everyone. With seller financing, the purchase terms are negotiated directly with the seller, potentially providing an alternative path to homeownership for a qualified buyer. - If you have approximately $50,000 available for the down payment and can comfortably afford approximately $3,300/month, this could be an opportunity worth exploring. - Buyer qualification and final terms are subject to seller approval and completion of appropriate purchase and financing documentation. - This is a purchase opportunity not simply a rental. Seller financing is available to a qualified buyer. Message for additional details and to discuss whether this opportunity may be a fit. Deal Terms: - sales terms negotiable based on the down payment - You are the OWNER...not a renter! Seller Financing / Rent to Own / Lease Option only...NOT a Regular Rental We are looking for someone that wants to be a homeowner, not a renter. You are the owner...we will be the bank. So you'll be responsible for all repairs and maintenance...and you can sell it when you are ready to move.