Call Scott Young at 615-578-6125
Rent to own 3 Bedroom 2 bath home built in 1991. Approximately 1725 SqFt with 1 Car garage
Appliances included:
- Stove
- Refrigrator
- Dishwasher
- Garbage disposal
There is a $50.00 application fee
The lease purchase option allows the buyer the opportunity to purchase this home in 2 years while you earn equity each month.
You sign a 2 year lease with the option to buy during the lease for $125,000.
The rent is $999 a month – $100 each month will be credited toward purchase price when you execute your option.
The option fee is $2900. This quarantees you the sales price of $125,000 during the option term. This also goes towards the purchase price.
The option fee is payable upon move-in and must be either cash or certified funds.
Example
$125,000 quaranteed sales price
$ 2,900 option fee
$__2,400_ month credit
$119,700 balance at the end of the 2 year option
To move-in you would need the $2900 option fee plus the 1st months rent of $999. for the total of $3899.
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