Owner Finance Terms
Owner Finance Terms
This parcel of land is a beautiful, untouched stretch of natural forest located in New Canada, Maine. Here you can live in peaceful tranquility in one of the cleanest, clearest, safest areas of the country, less than an hour's drive from the border crossing into Canada. This property is perfect for anything from a country home, recreational activity or even just as a stable investment to add to your portfolio.
New Canada, Maine is located in the heart of St. John Valley, which borders Quebec and New Brunswick, Canada. St. John Valley is home to around 15,000 US residents, as well as 40,000 Canadians in communities just north of the border. The area has a rich history blended with French and Acadian heritage, and there are many festivals and cultural events to honor the region's long-standing traditions.
For those who are interested in exploring the land, visit Maine’s “Million Dollar View" between Danforth and Orient, to experience breathtaking views of Peek-a-boo Mountain, Mt. Katahdin, and magnificent lakes. Aroostook State Park, Maine’s first state park, has everything one could need: hiking on Quaggy Jo Mountain, trout fishing in Echo Lake, access to groomed trails for snowshoeing, cross-country skiing and snowmobiling, four-season camping and more. The County offers 2,300 miles of groomed snowmobile trails and 1,200 miles of contiguous ATV trails with lodging and dining establishments along the way.
Buy property in Maine today and secure a stable investment for yourself and your family! The lot is offered via cash purchase or on owner finance terms. There is no approval process for financing. No income verification and no credit verification is performed. Property taxes and HOA (if applicable) is pro-rated and billed monthly.$1.99 monthly processing fee is added to each bill. If you need lower monthly payments, contact us and we will make it work for you! We offer a 20% discount to anyone who pays off property within 7 days of purchase.
GPS Coordinates presented here are based upon the best date we have accumulated, but are not exact. The information is for the purpose of locating your property only. Prior to building a fence or any structure on your land, you should contact a Maine licensed surveyor to mark the exact corners of your property.
Financial Terms 01:
Finance Amount: $88,000.00
Interest Rate: 6.90 %
We will finance the balance up to 20 years with interest rates at 4.9%. This would be financing provided by a Land Contract, commonly known as a “Contract for Deed.” Seller shall retain title until the Buyer has paid 25% of the principle balance owed on the Land Contract. After the Seller has paid 25% down, the Seller will convey title and take back a first lien mortgage and Note for the remainder of the term.
Financial Terms 02:
15 years (6.9%) - monthly payment - $786.06
Financial Terms 03:
20 years (6.9%) - monthly payment - $676.99
100% Owner Finance Advantage:
- NO Credit Check, everyone can buy it
- Bad Credit Score Ok
- No Pre-Payment Penalties (can be paid off at any time)
Cash Price Discount:
We offer 15% discount for cash buyers from Finance Amount
Additional Financial Info:
We are flexible to offer different Finance terms, feel free to ask for details. Also, if you would like to add annual taxes in monthly payments, please request it.