This property is available on a rent-to-own basis. In Rent-to-Own cases, a lease with an option to purchase is required, in which the option purchase price of the property and the monthly rental fee are determined. At the end of the term of said contract, in compliance with the monthly rent payments, an amount representing 11% of the call option price will have been accumulated. Example: A property with an option price of $ 100,000 for which an option contract is signed for an 18-month term would accumulate $ 611.11 of each monthly rent payment, which is equivalent to $ 11,000 at the end of the term. The amounts that will accrue from the rent payments, which will be available to be applied as part of the prompt payment for the purchase of the property, will only be applicable to the leased property and will not be refundable if the option to purchase is not exercised. Other terms and conditions apply. For additional information, request the Disclosure of Important Consumer Information About Our Rent-to-Own Program. 2 Estimated monthly rent payment. In Rent-to-Own cases, the rental fee may vary depending on the option-to-purchase price and insurance, contributions and fees to the residents' association applicable to the property at the time of signing the lease with option The purchase. Subject to approval of the applicant (s) based on their financial capacity. Certain terms and conditions apply.
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