Owner Finance Terms
Owner Finance TermsBuyer(s) agree to pay monthly payments to Seller, payable in the amount, interest and term stated on Standard Agreement of Sale, until paid in full. The first installment is due and payable as noted on contract within forty-five days, and subsequent installments on the same day of each consecutive month until paid in full. Each payment shall be credited first on interest due and then on the principal; and interest shall thereupon cease upon the principal so credited. Seller shall receive a late charge in the amount of 10% of the total monthly payment or ($10.00 minimum), whichever is greater, for any monthly payment which becomes more than 14 day’s delinquent and/or a service fee of $25.00 for any payment which is returned by payer’s bank. There is no pre-payment penalty. Seller shall deliver to Buyer(s) a good and sufficient deed to the above-described property within Forty-Five days of the completion of payments or payment in full, or before at Seller’s sole option. In the event of default in making any of the monthly installments, and such default continues for ninety (90) days, this agreement may be canceled at the option of the Seller without notice and any and all moneys paid by Buyer(s) shall be retained by Seller as damages. LOAN SERVICING FEE: A monthly loan servicing fee of $15.00 will be added to the Monthly payment. PROPERTY TAXES / ASSOCIATION / HOMEOWNER FEES: The Buyer is responsible for all property taxes due after the date of the sale. Yearly County Taxes with being assessed as a fee included in the monthly payment. As with property taxes, Buyer is responsible to pay association fees (if applicable) which will also be added to the monthly payment. Buyers should contact the appropriate county offices for any questions about property taxes, assessed values or supplemental assessments. LOAN PRE-PAYMENT: There is NO LOAN PRE-PAYMENT PENALTY. Any loan can be paid off at any time without any pre-payment fees.
#L03677-1 Lot in Black Sand Beach subdivision, Kona St., Pahoa, HI, $14,899.00 ($215.75/Month)
This 7,750 square foot lot is located roughly 26 miles from Hilo and 46 miles from Hawaii Volcanoes National Park in a lush tropical subdivision perfectly suited for that retirement dream home.If hiking around an active volcano, tasting tropical fruit at a farmer’s market or finding an empty beach sound appealing, life on the Big Island of Hawaii is perfect for you. The big island of Hawaii has been voted as one of the “Best Islands to Live On” by Islands magazine and here is your opportunity to own your piece of it.
Small towns, large towns, hot weather, cool weather, primary schools, universities, golf, surf, volcanoes- the Big Island has it all.
- APN: 3-1-2-022-011-0000-000
- GPS Marker: 19.41362, -154.95935
- Legal Description: LOT 360 FP 847 BLACK SAND BEACH SUBDIVISION
- Current Zoning: Residential
- Lava Zone: 2
- Size: 7,750 Sq ft
- Terrain: Flat
- Power/Water: In Area / Rain Catchment
- Property Taxes: $200.00
- POA Fees: $40.00
Purchase Price: $14,899.00
Interest Rate: (8%)
Loan Term: 10 Years
Monthly Payment: $180.75
TOTAL DUE TODAY
Down Payment: $1.00
Document Fee: $199.00
DUE TODAY: $200.00
Land Payment: $180.75
Property Tax: $16.67
HOA/ Assoc. Fees: $3.33
Monthly Processing Fee: $15.00
TOTAL MONTHLY PAYMENT: $215.75
CASH PRICE: $13,899.00 + Taxes and Fees
Be sure to reference L03677-1 in any correspondence.
$1 down payment and $199 document fee for lot #L03677-1 in Hawaii. Your welcome packet and contract will be sent to the shipping address you provide. (Please note that we do charge a shipping fee)
The information within this listing is posted by a private or third-party seller and we do not guarantee the accuracy of the information enclosed. We encourage to always verify ownership and property details listed. As a precaution, due diligence in any real estate transaction is encouraged and closing through a verified title company is advised. To the maximum extent permitted by law we do not accept any responsibility to any person for the accuracy of the information herein.