3BR/2BA Owner Finance Home in Foley, AL | $321,000

Rosewood Community, Foley, AL 36535

Purchase price: $321,000

3 bed / 2 bath · 1,674 sqft · built 2021

$30,000 down · $2,002/mo · 6.13% fixed rate

What's special

About this home

This single-story home in Foley, AL offers 1,674 square feet with 3 bedrooms and 2 bathrooms, built in 2021. The exterior combines brick and board-and-batten siding under a shingled roof, with a two-car garage and a covered front porch. Inside, an open kitchen and living area features granite countertops, stainless steel appliances, tile backsplash, and a center island with seating. Flooring includes wood-look vinyl in the main living spaces and carpet in the bedrooms. The primary bedroom has a tray ceiling and a spacious walk-in closet. A dining area opens to the backyard through a glass door, and the home also includes a dedicated laundry room.

Status: Available

Terms on this home

How much is the down payment on this home?

$30,000. The down payment goes into a home you own: the deed is recorded in your name at closing, through a title company. If that feels like a stretch, tell our team what you have, because the down payment and the monthly payment move together.

What is the monthly payment?

$2,002 a month. A third-party company services the loan and documents every payment. A larger down payment lowers the monthly payment.

Is the interest rate fixed?

Yes. The rate on this home is 6.13%, fixed for the life of the agreement, and it is the same whatever your credit looks like.

Do I own the home at closing?

Yes. The deed is recorded in your name at closing, through a title company. This is not rent to own: there is no renting first and no option to exercise later. Close in as little as 14 days.

Is there a credit check to buy this home in Foley, AL?

No. No credit check, no bank and no mortgage application. Approval comes down to the down payment and steady income, and our team does a basic verification of what you earn.

Does no credit check really mean no credit check?

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