This is a bank owned home that is located in Coshocton County and on the edge of Knox County in the small community of Walhonding, Ohio 43843. It is pretty rare that we have a home in this good of shape for only $27,000 but the bank and investors who are in charge of this property have recently priced it for a quick and smooth "as is" sale. The roof shingles were just installed in 2010 and overall the home is a solid value but still needs some updating and repairs. If you are handy or don't mind hiring out a little work this property is truly an outstanding value and is a great candidate for an FHA 203K rehab loan.
Additional listing details can be found at 33242 Township Road 516
Below are some sample base monthly payments that include principal and interest only and these sample payments are calculated on a 5% fixed interest rate for a 360 payment / 30 year term.*
- $134.21 per month based on a $25,000 loan amount
- $161.05 per month based on a $30,000 loan amount
- $187.89 per month based on a $35,000 loan amount
- $214.73 per month based on a $40,000 loan amount
- $241.57 per month based on a $45,000 loan amount
- $268.41 per month based on a $50,000 loan amount
The actual payment you could obtain on this home could be lower if you obtained an even lower interest rate than 5% or if you placed a large down payment. Your payment could be higher if you obtained a higher interest rate loan or if you took a shorter term mortgage than 30 years or if you borrowed more than the sample loan amounts listed above. Again, these sample monthly payments are to simply give you a rough idea of just how affordable a home in this price range could be.
Contact Sam Miller of REMAX Stars Realty (740) 397-7800 http://www.SamMiller.com
*These sample payments are for example purposes only, interest rates are subject to change, all loans are subject to lender application and credit approval and The Sam Miller Team nor REMAX Stars Real Estate are not offering financing of any kind to the public. For specific mortgage estimates please contact a reputable lender and request a good faith estimate for comparison purposes.