
Description
$319,900 for New house to be built on 0.7 acre river front lot. Front of lot is almost flat (level) but after 150 feet, back of lot drops down to river. Owner partners will build, looking for buyers to get construction and permanent loan before construction begins. May consider after foundation finished with slab with part of plumbing. Buyers need to buy the lot from sellers for $59,900 before slab or $80,000 with the slab foundation at closing of construction and perm loan. Owner will pay 1% of loan amount at closing and the interest are paid by the buyers during construction will be deducted from the sale price. If the buyers default on construction and perm loan to be finished before final draws, seller has the option to purchase back the lot and or the unfinished house for loan amount and interest and or all the total cost paid by the buyers total price, the buyers will be charged with 10 % of total buy back price penalties plus the closing cost.
-
4BEDS
-
0.7ACRES
-
2BATHS
-
01/2 BATHS
-
1800-1999SQFT
-
$168$/SQFT
School Information
Description
$319,900 for New house to be built on 0.7 acre river front lot. Front of lot is almost flat (level) but after 150 feet, back of lot drops down to river. Owner partners will build, looking for buyers to get construction and permanent loan before construction begins. May consider after foundation finished with slab with part of plumbing. Buyers need to buy the lot from sellers for $59,900 before slab or $80,000 with the slab foundation at closing of construction and perm loan. Owner will pay 1% of loan amount at closing and the interest are paid by the buyers during construction will be deducted from the sale price. If the buyers default on construction and perm loan to be finished before final draws, seller has the option to purchase back the lot and or the unfinished house for loan amount and interest and or all the total cost paid by the buyers total price, the buyers will be charged with 10 % of total buy back price penalties plus the closing cost.
Related Properties
© 2022 Greater Greenville Association of Realtors Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Toates Team - Berkshire Hathaway HomeServices C. Dan Joyner. Data last updated 2022-07-02T00:01:08.95.