WOW! Rent To Own a Fabulous Home - OPEN HOUSE SUNDAY FEBRUARY 18th BETWEEN 1-2PM....................................................... We are pleased to offer 343 Suzanne Dr. in Kent, a beautiful 3 bedroom, 1.5 bath, split level home with an enclosed porch, outdoor fire pit, a fenced in yard, a storage shed and an attached 2 car garage....... TWO OPTIONS TO BUY THE HOUSE: A. Rent to Own for 3 Years. Purchase price is $135,000................ B. An Outright Purchase for $129,000................................................................................................... DETAILS:....................................................... RENT TO OWN (Or Rent with an Option to Buy) FOR 3 YEARS...... 1. Purchase Price - $135,000...... 2. Option Consideration Fee of 4% - $5400 which is FULLY credited towards the purchase price when you actually buy the property. However, similar to a car deposit, it is not refundable if you change your mind and walk away from the deal a couple of years later. ......... 3. Rent the House for 3 Years at $1195 per month...... 4. If you pay your rents on time and purchase the property before the expiration of your 36 month lease, we will match your $5400 and credit it towards any future upgrades or towards the purchase price. ....... 5. Pets: One dog (less than 45 lbs) OR one cat will be allowed. Pet security deposit: $200 - refunded upon purchase of property. Pet rental amount: $50 per month............................................................................................... AN OUTRIGHT PURCHASE FOR $129,000. ........ If you have good credit and stable income, then consider this option as banks will stretch payments over 30 years at a low interest rate. As an example, a $125,000 Loan at 4% over 30 years results in a monthly payment of $596.77. Add taxes and insurance and your total housing costs should be under $850 while the property is YOURS. ....... Requirements; All applicants over 18 years must complete a $30 Credit, Criminal and Eviction Screening. If the first adult gets approved, then we will cover the cost of the second $30 application. Tenancy decision will be based on a combination of the following criteria: 1. A minimum of 2.5 times verifiable household income compared to the property's rent. 2. Your payment history which includes timely payments, delinquencies, number of collections, past judgments and so forth. 3. A minimum of a 550 credit score for an applicant or for a co-signer. 4. Please No Section 8. If you viewed the property in person and wanted to reserve it, a $200 Reservation Fee for 48 hours (fully credited toward the first monthly payment) will be due. QUESTIONS? please email us by clicking the link at the top of the page. We reply to inquiries and concerns IN WRITING ONLY as we want to be as fair and consistent to all prospective residents. SE HABLA ESPANOL.
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