OWNER FINANCE - LAND FOR SALE IN LONGVILLE, LA: Tract #2 6.886 acres on Rea Road (Google: Deer Road, DeRidder, LA for directions - SEE ATTACHED MAP. The land will be on the South side of Rea Road.).
Land is located within the South Beauregard School District. $59,800 total price, $800 down payment, $617.08 per month on a 16 year note at 10% interest rate.
This is a simple interest loan meaning that interest is calculated off the remaining principal balance of the loan. If you pay extra on the monthly notes, you will pay less interest. For this loan, if you pay an extra $163 per month, the loan would be paid off in 10 years instead of 16 years. You are also allowed to pay off the loan at any time.
Electricity and water are available at the road. No credit check. No closing cost. Great location to build your house or move your mobile home. Flood Zone X.
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