742 S. Lake St, South Bend IN 46619

742 S. Lake Street

House Sold - South Bend IN

SOLD! Rent to own – $500 to $1000 down and $475.00 per month (includes taxes & insurance). Down payment assistance programs are available if you do not have the full $1000 down payment at this time. Ask for details. 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 $475.00 monthly payment is credited toward purchasing this home on our rent to own credit program. After on year, the monthly rent credit is $100 per month. This is a great way to save for your down payment toward purchasing this home to be used at a later date when applying for a mortgage loan to refinance 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. Standard Rental or section 8 rental is also available on this home with a $495.00 deposit and $495.00 per month rental.