RENT TO OWN - BAD CREDIT OK!Starting Sale Price: $231,000Rent: $1,500Monthly Rent Credits: $375 (25% of rent for 12 months)Down Payment: $6,500Purchase Price after 2-Year Lease: $220,000Lease Term: 2 years (time under lease before you need to qualify for a conventional mortgage)Visit AmericaStopPayingRent.com to schedule a showing while this property is still available!This condo has a beautiful sandstone woodburning fireplace in the great room with beautiful views of the surrounding woods. The house is perfect for entertaining, both on the main level as well as the lower level. The bedrooms are spacious. The kitchen layout is very efficient with plenty of cabinet space. The entry courtyard has ample space for an herb and/or flower garden. This unit is a townhouse style and is separated from adjoining units by garages on each side. The owner will have access to the community clubhouse and its amenities which include indoor and outdoor pools, tennis courts, play area for children, and picnic areas. The Association property borders the Cuyahoga Valley National Park. It's a short stroll to a park trail at the end of the street! The property is midway between I-77 and I-271 making access to downtown Cleveland and eastside neighborhoods very easy. Good shopping, grocery stores, and restaurants are ten minutes to the east in Macedonia and ten minutes to the west in Brecksville. It's country living with big city amenities.We believe that everyone should be able to own their own home. Here's how we do it.We sell you the property Rent to Own. That means you will be renting the property for a specific period of time, usually 1-2 years. During that time, you have the option to buy it at the price that was agreed upon when you first move in. You secure this option with a Down Payment that reduces your purchase price and can reduce the bank's required down payment when you take out financing for final purchase.You will also receive Rent Credits that will go towards the Purchase price of the home once you exercise your option to Purchase and your rent has been paid on time.The monthly rent for this home is $1,500, and the Down Payment is $6,500; so you will need $8,000 to move in. With an $11,000 price reduction from Rent Credits and the Down Payment, your final sale price will be reduced to $220,000 after two years. Make sense?Contact us or visit AmericaStopPayingRent.com to take the first step to becoming a bona fide home owner!
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.
