Jordan Properties-Services/Owner Financing Services

1616 Jordan Drive
Saxapahaw, NC 27340
336-376-3122

Owner Financing Services

In order to assist buyers in purchasing land and homes, Jordan Properties offers simple and flexible owner financing options to buyers of property owned by John M. Jordan or affiliates. Although Jordan Properties encourages buyers to pay cash, we offer owner financing to buyers who want or need financing assistance. The two basic financing options are as follows:
Conditional Sales Contract: This option offers buyers with limited credit or very little for a down payment the opportunity to purchase property. Buyers do not receive title to the property until the loan is paid.
	Terms 0-13% Down Payment 13% Fixed Interest 15± Years Payout 5% Closing Fee
Deed of Trust and Promissory Note: This option offers buyers with limited credit or who want less hassle, the opportunity to purchase the property. Buyers receive the Deed to the property at closing.
	Terms 13% Fixed Interest 14% Down Payment 15± Years Payout 5% Closing Fee
With both financing options, buyers may increase monthly payment amounts to get a faster payoff, or payoff the loan at any time with no penalty. Additional payments will first be applied to late fees, interest, and other charges due and then to principal.
Lot Improvements and Utilities: Jordan Properties also offers buyers land improvements for the following contract prices. These improvements may be added to the cost of the land and financed as one package.
	Lot Improvements & Utilities Package
	Well Conventional Septic	$4,500 $3,500

Information herein assumed accurate, but not warranted. Prices subject to change.