448 Terryville Dr, Saint Louis, MO 63125

AMAZING RENT-TO-OWN opportunity located in St.Louis, MO! 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: $245,000 Monthly Payment: $2,200 (Property taxes and insurance included) Minimum Down Payment: $6,000 (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 to be responsible for all utilities. To begin application process, an earnest money deposit of $1,000 will be due to secure the home and your position while the process takes place. If you ARE NOT approved for whatever reason, the $1,000 earnest money is 100% refundable and if you ARE approved the earnest money will go towards your minimum down payment. If you are approved for the property and decide to back out, then the earnest money is NON-REFUNDABLE. This is the only scenario in which the earnest money is non-refundable.