Eufaula,, OK 74432

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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.

FSBONice recently remodeled home new electric, plumbing, etc. 1 Block from corp land. Excellent for hunting, or getting your low draft water-craft into the Mill Creek area of lake Eufala Appx. 7-miles West of the City of Eufala about 1 mile South off Hwy 9. Seller will also carry back up to 20% paper on a total standby basis for 3 years at 0% and for 30 years at 2.5% after that. Flexible in transactions--lease purchase, lowering price for cash offers. Seller is intimately familiar with RE transactions and has options available due to equity in property and not necessarily wanting all cash for tax reasons. Note: Best way for contact is through message or welshcharles543@gmail.com but will absolutely return messages left on voicemail. Getting tied up a lot on the telephone! Another added bonus, elevated concrete pad 24 x 32 with drain, great for your workshop or greenhouse or even a 2nd residence. No restrictions. New wiring, plumbing, water heater, washer, dryer and refrigerator. Metal roof approximately 3-years old. New kitchen with nice cabinetry, lazy susan, etc. 1 Acre of land, with fresh drive gravel. Septic, Termite and Building Inspection within last year. Paid professional, extermination since new ownership. Almost end of road for great privacy and super friendly neighbors. Currently rented on month to month, so call first. Even better, assumable, 1st mortgage note at 2.50% interest for a 33-year term for a principal balance of approximately $46K for a payment of $179.17 per month, no prepay penalties or balloon payments. Listed at $99K. Will also convey $1,000 water deposit fee, all appliances. Less costly than rent, build equity and if you're buying as an investment, good potential cash flow from a market that has no reasonable rentals available for the middle market.