Owner will consider a lease option to buy with 10k down, or Land Contract Terms with $30,000 down, 7 percent interest for 5 years!!! Very nce two bedroom ranch home that is located close to Warren Ave, this home has a newer kitchen and newer bathroom, new carpeting in bedrooms, large living room, the house has been freshly painted, thermo windows, circuit breakers, laundry room, steel doors, owner has real estate license. Buyers to verify all data.This rent to own home is a single family home located in Detroit. It offers 5227 sq. ft. in size, 2 beds and 1 baths. Review its detailed information and determine if this Detroit rent to own has the qualities you are looking for.
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.
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