This is a rent-to-own ONLY. It is different from a regular rental. It can be very beneficial for the right person but there are also risks involved. I would say it's just as serious as buying a home. Please do your own research on what a rent to own is and see what the pros and cons are before asking to come to see this. One big thing that is different about a rent to own than a regular rental is that the landlord does not make or pay for general repairs and maintenance. That is the responsibility of the tenant. The logic here is that this is your future home so the improvements that you make to the property only help you. Option 1) Monthly Rent Payment: $1195 Non-refundable down Payment: $7,200 Sales price today: $184,900 The sales price in 2 years after paying towards the balance: $172,516 Option 2) Monthly Rent Payment: $1295 Non-refundable down Payment: $4,800 Sales price today: $184,900 The sales price in 2 years after paying towards the balance: $176,644 Option 3) Monthly Rent Payment: $1395 Non-refundable down Payment: $2400 Sales price today: $184,900 The sales price in 2 years after paying towards the balance: $180,772 Available next week, this is a 4 BR 1 Bath rancher just 1 min to i81. Great commuter location! The tenant is responsible for all utilities.
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.
