Offered on a Lease with Option to Buy (Rent to Own) program. Sale Price: $44,900.00 Terms: Lease-Option (Rent to Own) - $750 to $1500 down and $575.00 per month (includes taxes & insurance). Down payment assistance programs are available if you do not have the full $1500 down payment at this time. You may put a minimum of $750 down and pay the balance of the down payment off at $25 or $50 per month and/or pay it off with your tax refund next year. You will also build nice equity in this home with our 50% rent credit toward the purchase of this home in the first year half of your $575.00 monthly payment ($287.50) is credited toward purchasing this home on our rent to own program. After one year, the monthly rent credit is $150 per month. This is a great way to save for a down payment toward purchasing this home to be used at a later date when applying for a mortgage loan to carry out the purchase of this home. You may take as long as you need to get in a position to qualify for a standard mortgage or FHA mortgage. There are no deadlines or balloon payments due after 1, 2, or 3 years like most rent to own programs available in this area. Home Information: Very nice, remodeled home located in a very nice, quiet neighborhood in South Bend's east side, River Park area. The home has 1 bedroom (a possible 2nd bedroom), a full basement with another good-sized finished room that could be a den, family room or used as a 2nd bedroom, a very nice, remodeled bathroom, brand new flooring and carpet throughout, all new paint, a brand new detached storage shed, a nice enclosed front porch/3 season room, vinyl siding, newer vinyl replacement windows, a nice living room/dining room combo room, a nice kitchen with nice stainless steel appliances included, gas furnace,and a gas hot water heater. This home is in very good condition, in a great neighborhood and ready to move into. Great home, great location, close to schools, shopping, and parks. If inquiring about Lease/Option, the following programs are available: Lease to Own with $1500 down and monthly payments of $575.00 per month including taxes and insurance. Some down payment assistance programs are available for lease to own/rent to own buyers with decent qualifications but who may be short the standard down payment of $1500. You may qualify to put down less ($750, $850, $1000) upfront and make small payments on the balance of the down payment each month until the $1500 down required is met or you may use your tax refund that may be available next year. Contact us for more info. Also, Land Contract financing available with $10,000 down and monthly payments of approximately $465.00 per month including taxes and insurance. This is available for qualified buyers only. Lease with Option to Buy (Rent to Own) Nice, remodeled River Park home with easy terms and qualifying. Low down.
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