3BR/2BA Owner Finance Home in Schertz, TX | $355,900

6626 Bowie Cove, Schertz, TX 78108

Purchase price: $355,900

3 bed / 2 bath · 1,581 sqft · built 2018

$40,000 down · $2,298/mo · 7.13% fixed rate

What's special

About this home

This one-story home was built in 2018 in the Homestead community in Schertz, just off I-35 near Randolph AFB and Loop 1604. It backs to a greenbelt, with a covered back patio and a wrought-iron back gate. Inside there are 10-foot ceilings, tile floors in the main living areas and newer carpet in the bedrooms. The kitchen opens to the living room and has granite countertops, a gas stove and a center island. The primary suite has a double vanity, a walk-in closet and a walk-in stone shower. The refrigerator, washer, dryer and shed stay with the home. Homestead has a resort-style pool, splash pad, playground, sports court, fitness center and jogging trails. Schertz-Cibolo-Universal City ISD. Terms: $40,000 down and $2,298 a month, which includes taxes and insurance. There is also an $80,435 balance owed to the seller, due in one payment at the end of year 7, with no monthly payment on it before then. HOA is $95 a month.

Status: Available

Terms on this home

How much is the down payment on this home?

$40,000. 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?

$2,298 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 7.13%, 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 Schertz, TX?

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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