BARGAIN PROPERTY! Our Bargain Properties are sold with no down payment. Simply make the first monthly payment and enjoy your property immediately. Bargain Properties are sold on a term ranging from 2-5 years (instead of our normal 15 year term) with an annual interest rate of 9 3/4%. This parcel is sold on about a 5 year term. Own your property free and clear after only 5 years!
The full sales price on this property is $5,950. With no down payment the payments will be $125 a month. Simply use the “Make A Payment” link at the VERY top of this page to make your first monthly payment of $125. Your paperwork will be Express Mailed to you the next business day. Your next payment will not be due for 30 days (we can also adjust the payment due date to fit your schedule).
Lot 61 is located in the Diamond Cove addition to Horseshoe Bend. It is a corner lot with paved road frontage and is just a few hundred feet from Diamond Lake.
Just like all of our properties you do have the option of lowering your annual interest rate and reducing your monthly payment by making a larger down payment. With $1,500 down the interest rate drops to 7 3/4% and your payment drops to $90 a month. With $2,500 down the interest rate drops to 6 3/4% and your payment drops to $70 a month. With $5,000 down the interest rate drops to 5 3/4% and your payment drops to $20 a month. These monthly payments are all based on about a 5 year term. Please note that you do have a full six months to add to your down payment in order to reduce your interest rate and payment amount.
Horseshoe Bend is a small community located in northern Arkansas with shopping, restaurants, a golf course and several lakes for fishing, swimming and boating.
The full sales price for Lot 61 is $5,950. Lot 61 can be purchased with no down payment. Simply make your first monthly payment of $125 and begin to enjoy your property. Taxes and fees are only about $125 a year and are already taken care of for 2014. There are no prepayment penalties, no hidden fees and no balloon payments.
Please note that a larger down payment will substantially reduce your interest rate and monthly payment amount. With $1,500 down your rate drops to 7 3/4% and your monthly payment drops to $90.00. With $2,500 down your rate drops to 6 3/4% and your payment drops to $70.00. With $5,000 down your rate drops to 5 3/4% and your payment drops to $20.00. Also please note that you have six months to ADD to your down payment in order to reduce your interest rate and payment amount!
You may use the box below if you wish to make a down payment of $500.00 or more on this property. If you wish to make no down payment (just the first monthly payment of $125.00) then please click on the “Make A Payment” link at the VERY top of this page.