MARINE CITY rent to own home - a single family home (2 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: $333,762 · This is not a list price. This is the county tax assessor's estimated value for the property. When a list price becomes available we will publish it and along with changes to the contact information.Assessed Value: $141,100 · This is not a list price. The amount the borrower has defaulted on the loan when the notice of default was served by the lending institution. When a list price becomes available we will publish it and along with changes to the contact information.NOD Amount Default: $202,018
WELCOME TO THE BLOCK! Are you looking for a Winter Renovation Project without the expense of paying cash and purchasing outright? LEASE-TO-WN is the answer with NO credit check or income verification! Here is a blank canvas on the St. Clair River just a few walking blocks from thriving Downtown Marine City!! The home is currently down to the studs and was professionally reconfigured with an open floorplan to include 2 bedrooms with 2 bathrooms. All of the old systems and utilities have been removed including plumbing, electrical, boiler heating system. There is still time to make changes to the layout prior to you installing copper/PVC, wiring, switches, outlets, lights and ductwork. Your backyard is the BIG RIVER and includes a large covered deck, cement patio, 11'x16' boat well with hoist. Incredible river views and only steps from a beach, movie theater, winery, marina, fantastic restaurants and shops. You know the old saying "They are not making anymore waterfront property!" $33, 750 down payment at closing with $3, 000 monthly lease payment which includes property taxes and homeowners insurance. Two year lease with balloon payment of $300, 000 at any poin...

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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