• ARLINGTON MOBILE, AL 36605

  • 3 Beds 2 Baths 1,136 SqFt
  • Single Family Home / Rent To Own

Property Details for ARLINGTON St, MOBILE, AL 36605

Features

Facts

Description

Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.

Three bedroom 2 bath two story that will require a little work to get this in tip-top condition. This home can be purchased as cash, conventional or Lease-Purchase. Lease-Purchase terms are: sales price $50,000.00. $2000 down, finance $48,000 over 30 years (can be paid off early with no penalty) $600/month. Buyer is responsible for taxes and insurance. Home is purchased AS-IS. No warranties expressed or implied by seller or listing agent. Buyer to verify all information.

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