201 E College St, Summertown, TN 38483

$189,900 / 3br - 2226ft2 - OWNER FINANCING*MUST SELL*NO BANKS*3BR IN Summertown TN Livable as-is. Handyman special. Finish remodel with instant equity. 3 bedroom. 2 bath. With office and a sun room. approx 2226 sqft. on a 23,522 sqft lot. Also, has a garage and a full unfinished basement with a safe room. Property is believed to be in good condition with consideration of the following: It is in the middle of remodel and will need to be finished. It does have a new roof, new paint on the outside, newer windows, and newer water heater. It will need a new HVAC and the lines repaired for the septic tank. Line repair quote $1500-2000 Probably the best part is that we are OWNER FINANCING this home for $189,900. This is NOT a lease purchase or rent to own where you pay for years and own nothing, but REAL owner financing where the buyer gets the deed at closing. We are looking for a reasonable down payment and income history to do the loan for the new owner. We just check verifiable income. This home at this price won’t last long! FAQ’s 1. Do I own the home? Do we have a closing? We close at a local title company, and you get the deed. You own the home. We take back the note just like a bank. 2. What if I want to make changes to the home? You own it, all we care about is the payment being made. Feel free to make any kind of changes to the home that you like. 3. What is the rate and down payment? Down payment depends on income, but we require a reasonable down payment. We can do a 10, 20 or 30 year note on this loan. The loan can run the full term, there is no balloon, and no prepayment penalty. 4. I’m interested in the home, and have a reasonable down payment. How do I view? Message us with your down payment and monthly income and if you qualify, then we can set up a time to view. Please understand you will have to provide proof of down payment before viewing the home. 5. I have bad credit. Do you check credit score? We have this crazy idea that credit score doesn’t pay the bills, but cash and income does. As long as you have a reasonable down payment and income that shows you can afford the home, we can be lenient on credit score. PM us, and we can set you up to view the home.