• BURROUGHS COLLINSVILLE, IL 62234

  • 2 Beds 1 Bath 1,035 SqFt
  • Single Family Home / Rent To Own

Property Details for BURROUGHS St, COLLINSVILLE, IL 62234

Features

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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.

Great Opportunity. Handy person special. Some of the updates are already there. Very nice wood floors. 2 bedrooms 1 bath home historical period style home. Large rooms with 9 foot ceilings. Walkout lower level. Covered front and rear porch. Back porch roof has some damage and needs repaired. Close to downtown Collinsville, Shopping, Schools and public transportation. Seller is selling home as is. Seller will not provide for inspections or repairs. Utilities are on if you would like to inspect but no repairs of any kind will be made by seller. This home has so much potential. Seller will look at offers or possibly Lease with Purchase Option.

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