This property is available on a rent-to-own basis. Sale Price: $74,900.00 Terms: Lease/Option (Rent to Own) - $1500 to $4000 down and $750.00 per month (includes taxes & insurance). Down payment assistance programs are available if you do not have the full $4000 down payment at this time. You may put a minimum of $1500 down and pay the balance of the down payment off at $75 or $100 per month and pay it off with your tax refund in the next few weeks. You will also build nice equity in this home with our 50% rent credit toward the purchase of this home in the first year?half of your $750.00 monthly payment ($375.00) is credited toward purchasing this home on our rent to own program. After one year, the monthly rent credit is $150 per month. This is a great way to save for a down payment toward purchasing this home to be used at a later date when applying for a mortgage loan to carry out the purchase of the home and exit out of the rent to own program. You may take as long as you need to get in position to qualify for a standard mortgage or FHA mortgage, no deadlines, no pressure or no balloon payments coming due. Home Information: Very nice, 1.5 story home located on the north side of Elkhart in a nice, quiet area. The home has 2 bedrooms, 1.5 bathrooms, vinyl siding on the exterior, a nice unenclosed front porch, nice sized fenced in yard with a nice wooden patio deck and storage shed, new carpeting, a nice kitchen with stove and refrigerator, a newer gas furnace, brand new central air conditioning, gas hot water heater, a nice living room/dining room combo, fresh paint throughout the home, some new plumbing and fixtures, a new front door, new vinyl replacement windows, a basement. This is a nice size home located in a great area and the home is conveniently located near schools, shopping, restaurants and parks. If inquiring about Lease/Option, the following programs are available: Lease to Own with $4000 down and monthly payments of $750.00 per month including taxes and insurance. Some down payment assistance programs are available for lease to own/rent to own buyers with decent qualifications but who may be short the standard down payment of $4000. You may qualify to put down less ($1500, $2000, $2500, etc.) up front and make small payments on the balance of the down payment each month until the $4000 down required is met or you may use your tax refund that may be available in the coming weeks. For details or additional info call 574-674-0828. Land Contract available: 20% down required and is available for qualified buyers only. Contact us at the phone # above to discuss this potential way of purchasing and the required qualifications. Lease/Option (Rent to Own) low down with down payment assistance programs available.
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