SDK Financial, LLC
The Best in Options for the Home Buyer or Home Renter
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1321 Locust St

Single Family, Elkhart IN
Price: $89,900.00 Stories: 2
Monthly Price: $845.00
Down Payment: $4,000.00
Beds: 3  possible 4th in basement
Baths: 1 Full/1 Half
Status: Off Market
Contact Information
Austin or Steve
1321 Locust St, Elkhart, IN 46514
Elkhart County

Short Description:
Lease Option (Rent to Own) Low down, Down Payment assistance available. Click on Desciption and Features below for more info

Contact Us About This Property

Sale Price: $89,900.00 Terms: Lease/Option (Rent to Own) - $1500 to $4000 down and $845.00 per month (includes taxes & insurance).  Down payment assistance programs are available if you do not have the full $4000 down payment at this time.  You may put a minimum of $1500 down and pay the balance of the down payment off at $75 or $100 per month and/or pay it off with your tax refund this year. You will also build nice equity in this home with our 50% rent credit toward the purchase of this home in the first year…half of your $845.00 monthly payment ($422.50) is credited toward purchasing this home on our rent to own program.  After one year, the monthly rent credit is $200 per month.  This is a great way to save for a down payment toward purchasing this home to be used at a later date when applying for a mortgage loan to carry out the purchase of the home and exit out of the rent to own program.  You may take as long as you need to get in position to qualify for a standard mortgage or FHA mortgage, no deadlines, no pressure or no balloon payments coming due.  
If inquiring about Lease/Option, the following programs are available:  Lease to Own with $4000 down and monthly payments of $845.00 per month including taxes and insurance.  Some down payment assistance programs are available for lease to own/rent to own buyers with decent qualifications but who may be short the standard down payment of $4000.  You may qualify to put down less ($1500, $2000, $2500, etc.) up front and make small payments on the balance of the down payment each month until the $4000 down required is met or you may use your tax refund that may be available in the coming months.   For details call 574-674-0828 to obtain more information.