Updated Cape Code Style House in North Appleton! Sits on a double lot with 2 car garage & extra shed for storage. House has been updated throughout and features 2 bedrooms upstairs and 1 on the main floor. Original hardwood floors, woodwork & much more. Available on Rent to Own.
Rent to Own Terms:
- Price: $156,500 (Appraised Value at $167,000)
- 2-3 Year Term
- Monthly Payments: $1375.00 (If Payments Are Made by the First of the Month Until the Property is Purchased a Credit on Price will be Applied)
- Option Fee (Downpayment Required): Negotiable with the Owner
- Tenant/Buyer Responsible for All Repairs & Maintanence During Rental Period
- Tenant/Buyer Can Execute this Option Agreement Through Purchase, Refinance, or Sale of Property Within 3 Years (Tenant Received All Funds in Excess of $156,500 minus any fees, commissions, taxes, etc.)
Qualification Standards (PLEASE READ COMPLETELY):
- Applicants who do not meet minimum screening standards will not be approved.
- Applicant must have current photo identification and a valid social security number.
- Applicant’s monthly household income must exceed three times the rent. All income must be from a verifiable source. Unverifiable income will not be considered.
- Applicants must receive positive references from all previous landlords for the previous 5 years.
- Applicant may not have any evictions or unpaid judgments from previous landlords.
- At landlord’s discretion, compensating factors such as an additional security deposit or co-signer (guarantor) may be required for qualification if Applicant fails to meet any one of the above requirements. In the event of multiple applicants, tenancy will be granted to the most qualified, based on the above criteria.
- Applicant must exhibit a responsible financial life. Credit score must be a minimum of 570.
- A background check will be conducted on all applicants over 18. Applicant’s background must exhibit a pattern of responsibility.
- Applicant must be a non-smoker.
- Occupancy is limited to 2 people per bedroom.
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