1585 Egypt Rd

Lease terms

This is a Land Contract to purchase this house. $10,000 down payment $1,000 a month till it is paid off. 5-Acre Secluded Homestead $99,999 Seller Financing Bad Credit/No Credit OK! A rare opportunity to own a massive, secluded 4.89-acre rural parcel in the highly desirable Salem School District without traditional bank hurdles. If you have been looking for ultimate country privacy to establish your homestead, this is it! BAD CREDIT OR NO CREDIT IS 100% OK! We do not care about your past credit score; WE ONLY VERIFY INCOME. Avoid high-interest bank land loans and strict underwriting guidelines. If you have a steady, stable source of income and your down payment ready to go, you are immediately approved to buy directly from us! This contract gives you true ownership from day one. You take over the property taxes, insurance, and all development maintenance removing the landlord entirely so you can build and manage your homestead your way. RV & MANUFACTURED HOMES WELCOME: Skip the building headaches! You are fully allowed to park your RV on this acreage or bring in a manufactured home to establish your private country retreat immediately. This property is being sold strictly for its land value and development potential. There is an existing historic structure on-site built in 1810 that has been vacant for decades, is heavily dilapidated, unsafe to enter, and needs to be cleared or completely rebuilt. This is an open canvas for a contractor, builder, or homesteader looking for rural space to deploy a prefab layout, custom build, or heavy rehab project. New construction builds here may even qualify for a 15-Year Tax Abatement through the local CRA program! Total Price: $99,999 Down Payment: $10,000 upfront Monthly Payment: $1,000 a month flat (8% Interest)Terms: True Ownership Buyer pays taxes, insurance, and all maintenance. Condition: Land Value / Dilapidated Structure / Total Fixer / As-Is