SDK Financial, LLC
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910 W Lusher

Single Family, Elkhart IN
Price: $59,900.00 Stories: 1
Monthly Price: $695.00
Down Payment: $2,500.00
Beds: 3  possible 4th Bedroom
Baths: 1 Full
Sq. Ft.: 732+
Year Built: 1948
Status: Under Contract
Contact Information
Steve or Bridgit
910 W Lusher , Elkhart, IN 46516
Elkhart County

Short Description:
Lease/Option (Rent to Own), Low Down, Recently Remodeled 3 bedroom home. Down Payment Assistance programs available (click on Description and Features tab below for additional information)

Contact Us About This Property

Sale Price: $59,900.00 Terms: Lease/Option (Rent to Own) - $1000 to $2500 down and $695.00 per month (includes taxes & insurance).  Down payment assistance programs are available if you do not have the full $2500 down payment at this time.  You may put a minimum of $1000 down and pay the balance of the down payment off at $50, $75, or $100 per month and/or pay it off with your tax refund next 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 $695.00 monthly payment ($347.50) is credited toward purchasing this home on our rent to own program.  After one year, the monthly rent credit is $100 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.  There are no deadlines or balloon payments due after 1, 2, or 3 years like most rent to own programs available in this area.  
To Purchase This Home: If inquiring about Lease/Option, the following programs are available:  Lease to Own with $2500 down and monthly payments of $695 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 $2500.  You may qualify to put down less ($1500, $1250, $1000, etc.) up front and make small payments on the balance of the down payment each month until the $2500 down required is met and/or you may use your tax refund that may be available next year.  Ask the person showing you this home for details or call 574-674-0828 for information. 
Also, Land Contract financing available with $12,000 down and monthly payments of approximately $585.00 per month including taxes and insurance.  This is available for qualified buyers only.