224 Upper Miles Kelso QLD 4815
NO DEPOSIT NEEDED FULLY RENOVATED224 Upper Miles, Kelso
THIS IS A FANTASTIC DEAL FOR A LUCKY SOMEONE LOOKING TO GET INTO THEIR OWN HOME WITH LITTLE OR NO DEPOSIT.
4 bedrooms 1 with an ensuite
2 newly renovated bathrooms
Fully air-conditioned with split systems.
Built in wardrobes to all bedrooms
Large open plan living with massive living area and spacious kitchen and dining
Bore with new pump
Pool with spa bubbler and new pump
Large entertaining area with separate toilet and shower.
3m x 3m garden shed with concrete floor.
Double car access
Automatic irrigation system
THERE IS LITERALLY NOTHING TO DO JUST MOVE IN AND ENJOY.
Ok here is the opportunity I am offering you typically called (vendor finance deposit finance)
Purchase price $310,000
The idea of this is that if you dont have a deposit saved I can help you out and leave 20% of the purchase price as your deposit.
You will still borrow 80% (248000) from a bank or financial institution however this should be easier to qualify for than a 95% home loan as they are not lending the full value of the property because the 20% is still sitting in the house as security.
The 20% (62000) will then be paid to me at 100 a week INTEREST FREE for a period of 5 years.(terms are negotiable depending on your situation). At the end of the 5 year period you would have paid $26000 off the 62000 that you owe leaving an outstanding amount of $36000 which you would then pay out typically by re-financing with your bank.
Ideally you would pay me extra each week as this is an INTERST FREE loan leaving you with a less of an outstanding amount that you will then have to refinance and pay interest to the banks.
If you would like more information or to view the property please do not hesitate to contact me.
- No inspections scheduled
- Contact Agent
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Real Estate For Sale in Kelso, QLD 4815 priced between $200,000 and $360,000