AKRON rent to own home - a single family home (3 beds, 2.5 baths)

Open House: Sunday 5/4 3:30-4 pm Home info: Has A/C, Vinyl flooring on lower level, vast open concept inside, large yard, 1 car detached gaage, large concrete driveway, tenants responsible for all utilities and appliances. Regular Rental Move-in fees: - Security deposit: $1900 - 1st month: $1850 - Sewer deposit: $300 TOTAL = $4,050 RTO Move in fees: Purchase price will be $199,900 - Security deposit: $1900 -Lease Option Fee: $5,997 (3% of the purchase price down) - 1st month: $1850 - Sewer deposit: $300 TOTAL = $10,047 With this option, you will have an agreement with the owner that you will be able to purchase the home from the owner after your lease of 1 year has been completed. The price the owner agrees to sell you home for is $199,900.00 and this price will not increase or decrease during your time as tenants. While the move in fees do seem high, please keep in mind that all of your move in fees (minus your first month's rent) will then go towards your down payment for the purchase of the property. On top of that, we set aside $100.00 from every single on time rent payment you give to us while you complete your lease term, and that too will be added to your down payment.This...

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rent to own home is a single family home located in AKRON. It offers 16901.00 sq. ft. in size, 3 beds and 2.5 baths. Review its detailed information and determine if this AKRON rent to own has the qualities you are looking for.  

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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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