247 W 200 S

This lot’s ID# is 09:080:0002, and it is in an area where the USDA has 5 year loans to buy the lot for 0% down at 3% interest. Yes, you can still get a 3% mortgage as of 6/24. For this lot, I believe the USDA offers a fixed 33 to 38 year loan with 0% down and interest rates between 4.75% to 1% (as of 6/24) after construction. I think the applicant needs a credit score of 500 (640 is better) and two years wage history. I’m told you can pool the qualifying incomes with multiple people. It seems the USDA is helping to fit average people into affordable homes with low monthly payments. The city says the lot is zoned for a House + ADU. So, rent from one unit could pay for most or all of the mortgage making it even more affordable. Check terms if you go USDA. No HOA. All builders welcome. Priced to be a profitable build. Corners are surveyed and staked. The lot is cooled by beautiful trees, and the trees should not be in the way of construction. The lot is located downtown near parks, ball fields, shopping, schools, libraries, City Hall, and the rodeo. It’s one block from the Santaquin Medical Center. It has a Mayberry vibe. 1% slope, good soil, ez access on paved road, utilities at property line ready to build. It’s a legal (buildable) nonconforming (was created prior to the current ordinance) lot that previously had a home on it so the City says some impact fees have been paid. All information provided about the property is deemed reliable but is not guaranteed and should be independently verified. If you come across any problems or questions PLEASE text/call me at (385) 866-3744 right away so we can address them quickly. I am here to help (and build Santaquin’s tax base). I am eager to be of service. This lot is looking for a listing agent. Otherwise, 3% to buyers agent.