AMAZING RENT-TO-OWN opportunity located in Belleville, IL! Why pay rent when you can own!? If you have dreams of homeownership but do not currently qualify for a loan whether it be due to being self-employed, medical loan debt, student loan debt, or even divorce, no need to worry!! Rent to Own is the perfect option for those who want to own a home, have some money saved up, and have steady income but do not currently qualify for a loan. Purchase Price: $130,000 Monthly Payment: $1,600 (Property taxes and insurance included) Minimum Down Payment: $8,000 (With a personalized plan to help you reach a full 10% down payment as soon as possible) Once a 10% down payment has been reached, it will come 100% off of the purchase price and will secure your exclusive right to purchase the home. A 100% INTEREST FREE down payment assistance loan is available if a full 10% down payment is not able to be put down upon move in. Tenant buyer(s) will be responsible for all utilities and property maintenance upon move in. To begin the application process after viewing property, an earnest money deposit of $1,000 will be required and if tenant buyer(s) are approved this will be applied to the minimum down payment. If tenant buyer(s) are not approved, the earnest money is 100% refundable. Earnest money is NON-REFUNDABLE if tenant buyer(s) are approved, contract work is started, and then decide to back out.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
