DETROIT rent to own home - a single family home (5 beds, 2 baths)

This is not a list price. This is an estimate price for the property provided by FirstAmerican. Please note that this is only an estimate and should not be taken as fact or advice. When a list price becomes available we will publish it and along with changes to the contact information.Estimated Value: $136,736
Seller will install new furnace and new water heater at closing. Almost everything is brand new in this 4+ bedroom (two down, two up), 2 ful bath brick, 1, 711 sqft home! New roof, doors, luxury vinyl and carpet flooring, kitchen, bathrooms, lighting, interior paint, exterior paint and siding, plumbing, electrical, furnace, water heater, privacy fence in backyard. Large kitchen with breakfast nook features granite counters, tile backsplash, new cabinets and hardware, flush-mounted stainless steel sink with gooseneck faucet. The two "flex rooms" on the second floor could serve as additional bedrooms, home offices, play rooms, etc. Fenced-in corner lot allows more natural light to shine through the updated vinyl windows. Located less than 5 minutes from the on-ramp and off-ramp for M-10 / "The Lodge" Freeway, and only 2.5 miles from U of D Mercy, and 3.5 miles from the popular 7 Mile and Livernois area. Take advantage of the various down payment assistance resources and buy this house for less than the cost to rent! Buyer will receive clear title and a Warranty Deed at closing.This rent to own home is a single family home located in DETROIT. It offers 0.08 acres...

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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