This property is available on a rent-to-own basis. Sale Price: $64,900.00 Terms: Lease/Option (Rent to Own) - $1500 to $3000 down and $725.00 per month (includes taxes & insurance). Down payment assistance programs are available if you do not have the full $3000 down payment at this time. You may put a minimum of $1500 down and pay the balance of the down payment off at $50, $75, or $100 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 $725.00 monthly payment ($362.50) is credited toward purchasing this home on our rent to own program. After one year, the monthly rent credit is $100 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 the home and exit out of the rent to own program. You may take as long as you need to get in 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: Clean, very nice home located in a quiet neighborhood in Elkhart?s Southwest side. The home has 3, potentially 4 bedrooms with 2 finished rooms in the full basement, off street parking, a nice bathroom with a shower, some new carpeting, a very nice living room, a very nice kitchen with nice cabinets, nice counters and a stove and refrigerator, aluminum siding, a good roof, gas hot water heater, newer gas furnace and a good sized yard. This nice, yet very affordable home is located in a nice, quiet area and conveniently located near schools, parks and shopping. To Purchase This Home: If inquiring about Lease/Option, the following programs are available: Lease to Own with $3000 down and monthly payments of $725 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 $3000. You may qualify to put down less ($1500, $1750, $2000, etc.) up front and make small payments on the balance of the down payment each month until the $3000 down required is met and/or you may use your tax refund that may be available next year. For more details, email sdkfincl@aol.com or call 574-674-0828. Also, Land Contract financing available with $15,000 down and monthly payments of approximately $575.00 per month including taxes and insurance. This is available for qualified buyers only. You can also visit our website at WWW.SDKFINANCIAL.COM to view pictures or for additional information or to inquire about viewing this property. Lease/Option (Rent to Own) Down Payment Assistance available. Great rent credit program, 50% of monthly rent is credited toward purchase in the first 12 months.
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