Own this home for cheaper than rent This is a cute ranch-style home in Berkeley, MO. This is in the Ferguson-Florissant school district. This home has 3 bedrooms and 1 bathroom, and 944 square feet of living space on the main level, and has a family room in the partially finished basement. The kitchen is open to the living room to create an open space, great for intertaining. The home has vaulted ceilings and hardwood floors. The home has a 1-car garage and a fenced backyard with an outdoor patio area. There is also a nice, large storage shed. This home needs some work and we are looking for someone that wants to buy it as-is. The successful buyer will be someone that is handy and can make their own repairs. The home is for sale. This home is broker-owned, so we can offer owner-financing. The sale price is $85,000. We are asking $3,000 downpayment. The remaining balance of $82,000 will be financed over 30 years at 9.75% interest, with monthly payments of $704.51/month. Those payments are the principal and interest payments. The new homeowner will also be responsible for paying the taxes and insurance. Qualification requirements: a minimum of 570 FICO score and a minimum total household income of $30,000/year.
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