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1.57 acres w/ nice building site & driveway -Owner Financing Available

$16,900 • 1.57 Acres +/-

Manchester , KY • Clay County

1768 Hooker Road Manchester , KY 40962

Listing ID:18309

Posted Feb 11, 2023
Owner Financing Available

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Welcome to 1768 Hooker Road in Clay County Kentucky.

1.57 acres that has a building site that has already cleared with some woods on the property and driveway is already installed. This property has 596’ of lightly traveled road frontage that is maintained by the county. The public waterline is service by Manchester Water and the electric is service by Jackson Energy. This property would be an amazing place to build a rural homestead/recreation/or off grid living. The title work has been done and the title is clear and we will be transferring the property to you via a General Warranty Deed which is the best form of ownership.

Owner Financing Available!!!!!

Located near Manchester and only 25 minutes from London, 1:30 to Lexington and 1:50 to Knoxville.

If you would like to view the property you can GPS 1768 Hooker Road Manchester Kentucky and that will take you to where you will see the yellow and black real estate sign.

Recent survey has been completed.

Easy Terms Owner Financing with Easy approval.
If you choose to use our owner financing the terms will be as follow:
$16,900 purchase price, $500 closing cost (due at contract signing), $3,000.00 down payment (due at closing), 8.95% interest on 4 year term= $345.57/month, $0 early termination penalty

You can get a lesser interest rate if you choose to do a higher down payment (inquire with sales person).

-this loan is a non-residential loan which means we will be asking you to wait until we are paid off to put a residence on the property-this is like this because of the way all owner financiers are regulated…this typically is not a problem because if you do use the land as your primary residence and if you get a loan for the residence (cabin, house, mobile home) that lender will require you to combing the land loan with the home loan giving you a land-home package. This regulation does not exist for any property that is 25 acres or more. This regulation of course does not exist if you pay cash for the property or get your own loan from a bank and it also will not exist after we are paid off if you use our owner financing.

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If you have any additional questions I can be reached by email, text or telephone at eight-seven-seven-three-three-one-four-eight-eight-eight. Ask for Dwight.

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