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Property Listing: Status: Active (Listed on: 06/01/2023)

2.9 wooded acres in a rural area -Owner Financing Available

Listing ID:
19848
Price:
$27,500
2.90 Acres +/-
 
Owner Financing Available
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General Location:
2.9 wooded acres in a rural area -Owner Financing Available
Address:
Kidd Road
City, State Zip:
Williamsburg Kentucky, KY 40769
County:
Whitley County
MLS #:
Listing ID:
19848
Description:
Welcome to Jacks Creek Farms in Whitley County Kentucky.

2.9008 acres with a nice already cleared building/camping site and the property has a nice mixture of open pasture land and woods. This property has 735’ of road frontage on a lightly traveled gravel road. There is no public waterline or electric available. This property would be an amazing place to build a rural homestead/recreation or use as a hunting retreat. 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 Williamsburg Kentucky and only 35 minutes to Corbin, 1:25 to Knoxville TN, 2 hours to Lexington.

If you would like to view the property you can GPS Kidd Road Williamsburg Kentucky and that will take you to where you will see the yellow and black real estate signs.

Recent survey has been completed. Additional acreage is available.

Easy Terms Owner Financing with Easy approval.
If you choose to use our owner financing the terms will be as follow:
$27,500 purchase price, $500 closing cost (due at contract signing), $3,000.00 down payment (due at closing), 8.95% interest on 10 year term with 5/1 ARM = $291.37/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 or see link above).

-this loan is a non-residential loan which means we will be asking you to wait until we are paid off to use the property as your primary residence-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.

To view additional information about this property you can go to
www.dgschell.com and click Jacks Creek Farms

To view additional rural land listings please visit our website at Web Link/

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
Directions:
GPS Kidd Road Williamsburg Kentucky and look for yellow and black real estate sign.
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