OAK PARK rent to own home - a single family home (3 beds, 2 baths)

3 bedroom Bungalow with 2 car detached garage in Berkley school district. Two bedrooms are on the main floor and one upstairs. All appliancs are about 5 years old and included in the sale: stove, dishwasher, refrigerator, microwave, disposal, washer, dryer. Furnace , water heater, and AC all installed in recent years. Finished basement offers extra full bathroom, laundry area. Property is occupied by tenant on month to month lease. Great tenant, never late on payments. If investor takes over the property, annual lease is an option. BATVAIThis rent to own home is a single family home located in OAK PARK. It offers 5662 sq. ft. in size, 3 beds and 2 baths. Review its detailed information and determine if this OAK PARK 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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