This property is available on a rent-to-own basis. Buy with No Red Tape! Why rent when you can own today! The perfect house just hit the market! One owner, immaculately maintained and super efficient 4 bedroom, 2.5 bath colonial home. Great location, close to shopping and all major highways including routes 22, 33, 78, and 611, making this a commuter's dream all in an established neighborhood. Amazing outside space sitting on a flat lot with 2 car garage, a 10x20 patio w/ a power awning and built in shed. This home boasts so many extras starting with hardwood flooring in the Dining Area, gas fireplace,open concept Kitchen w/ walk-in pantry, maple butcher block island and pull out cabinet drawers. This exceptional home has been meticulously maintained and updated by the current owners including a newer roof, newer high efficient HVAC system and a newly repaved driveway 2 years ago. The master bedroom has dual closets and a spacious master bath with double vanities and full ceramic tile shower. The 2nd floor is complete with 4 additional bedrooms with ample closet space and a full bathroom. We Can Do What Others Won't You have the opportunity to live in your home while you repair your credit or build the reported income you need to qualify for a loan. A traditional seller would never let you move in before the bank said yes - we will. Down Payment required: Being a tenant buyer is different than being a renter. In a rent to own agreement, since you're both a tenant and the future owner of the home, you're expected take greater pride in the property and have greater responsibilities towards it, and you're expected to uphold your duties as a good tenant as well. While usually the mortgage, taxes, and large repairs are covered by the seller during the option period, you as the buyer are responsible for the maintenance and upkeep of your new home, just as you would be if you bought it outright. As it is with a bank mortgage, you will be expected to make payments on time; if you don't there can be financial consequences, such as forfeiting your option deposit towards the purchase of the home. Being a tenant buyer is sort of like a bridge loan between renting and home ownership. You have the obligations of being a good tenant, but you're also held to a higher standard that you would be held to as the owner of the property. Renting to own gives you the future opportunity of home ownership while grooming you for the responsibilities that come with it. Call 484-544-3200 for more information. What Is Rent to Own? A rent to own agreement gives the buyer control of a property, not full ownership, with the ?option? to purchase the property at the end of the contract period. Essentially it is a contract to buy a property with an extended closing date. That way you, as the buyer, have time to save a down payment, clear up any credit issues, and to line up financing. Typically, you, the buyer, will put down an option consideration, like a deposit for a rental, to secure your place as the future owner of the home. Then you?ll make monthly payments, and at any time during the option period, you are authorized to complete the transaction of the home.
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.
