* 2015 Built home no repairs on the lake in a beautiful subdivision in Missouri City. Take over payments on a $267,260.76 loan with 28 years left (loan matures 06/01/2046) Loan is at 4.0% fixed interest rate and $2,456.10 monthly payment ($1,334.22 P+I + $1,121.88 T+I). The payment will drop to around $2,200 once you buy your insurance and previous escrow shortage is made up. DOWN PAYMENT ONLY $19,900 OBO.
* Perfect for investor with long outlook. Get in SUPER LOW for $19,900 OBO with rents at about $2,300 and then cash out handsomely once equity has built up. PERFECT for friends and family members that are looking for a home in this part of town without qualifying for a loan! Subject to deals like this in this type of neighborhood don’t come along often. Hurry!