This property is available on a rent-to-own basis. This is a nice 3-bedroom home in a good area. There is 1,530 square feet of living space on the main floor. There is a full, unfinished basement. The main floor has the kitchen and eating area, the living/family room, three bedrooms and the bathroom. There is a detached two-car garage. Annual property taxes are approximately $5,200 per year. The lot is 0.4 acre. The heat is oil hot water radiator. Water is provided by a new well. There is a new septic system. The roof is new. Pets are OK. This may be the best home available in all of Hunterdon or Warren County. This home is available as Rent-to-Own for $1600 per month and a purchase price of $189,900. A rent credit of $500 per month for the first 12 months will apply toward your purchase. A modest option fee is required before move in. This option fee guarantees your right to buy the home at today's price any time during the lease term, and does apply toward your purchase when you buy. Rent-to-Own, or sometimes called Rent-to-Buy, or Lease-Option, or Lease-Purchase, means that you can rent the home for up to 24 months and be able to buy the home anytime during this period. During this period, you can be repairing your credit if needed (there is good help for this that will produce dramatic improvements in a short time) and you can be shopping the mortgage market for the best deal without feeling like you're in a rush. The sales price is fixed and you're guaranteed to be able to buy the home for that price anytime during the lease period. A monthly rent credit of $500 will apply toward the purchase price (limited to 12 months). If the value of the home goes up before you buy, the home becomes an even better deal for you. A modest option fee for the right to buy the home is required. The option fee applies toward your purchase when you buy. Seller Financing means that there aren't any banks or mortgage companies to deal with. You'll need a reasonable down payment and the ability to make the monthly payments. The monthly payment depends on the amount of the down payment. The more you're able to put down, the less the monthly payment will be. Your monthly payment will include a reserve for property taxes and homeowner's insurance. Seller financing has become much more difficult due to new government regulations. It?s not to say that it?s impossible, just that it?s more difficult and more costly. As a result, the Rent-to-Own method has become more desirable. Whether Rent-to-Own or Seller Financing is best for you, no one will work harder to get you into this home than I will. I'll just need some basic information to get started. Click the "Your Next Step" button and fill in the information. I'll call you soon after. You'll be on the path to affordable home ownership! Craig Johnston (908) 246-2401 This is a great opportunity to rent now and buy later. This is a good deal on a good house in a nice area. Only $189,900. Seller financing is possible.
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