Egyptian Hills Lot on the Lake of Egypt

Key Information
State: Illinois
County: Johnson
Size: 0.29 acres (surveyed with all boundaries marked!)
SOLD October 2014!

This is an outstanding lot located in a beautiful subdivision on the Lake of Egypt.  If you have any questions about this property or would like to express interest in it, please fill out the incredibly easy to use form at the bottom of this page or email us at main@teraprom.com.



Below is a web album containing a number of recent pictures taken of the property.

Pictures of the Property and the Surrounding Area


Wide-angle aerial image showing location of lot in relation to surrounding area

Close-up aerial image with approximate boundaries

Survey
This property has been surveyed and the corners have been marked. You will get a copy of the survey plat so you can buy this property knowing exactly the size of the property as well as where all your boundary lines are located! This is a big benefit of buying the property and comes with the property at no additional cost.

Financing Terms
Unlike many sellers of real estate, we are willing to work with buyers to find a financing solution that is affordable and meets your needs. You can purchase this property one of two ways. The first is with a cash offer, either with cash from savings or from a bank loan. The second is to get financing from us in the form of a contract-for-deed, which is a form of seller financing that helps buyers avoid the difficult and costly process of going through a bank to obtain a mortgage loan. The minimum requirements for this type of arrangement is: 1) a 15% downpayment; 2) monthly payments of at least $250; and 3) interest of 7.0% per year on the balance of the loan. Paying more per month would reduce the length of the financing and there are no penalties for paying it down early. Once the last payment has been made, the deed will be transferred to the buyer. 

Note: Before entering a contract-for-deed, it is important to make sure that you can afford all of the payments until the financing is completely paid off. A default could result in loss of the property and any funds paid up to the time of default, similar to a mortgage loan.


Questions?  Ask them here:

Egyptian Hills Lot Questions