926 Ridgedale Rd, South Bend IN 46614

926 Ridgedale Rd.

House - South Bend IN

Sale Price: $59,900.00 Terms: Rent to Own – $7500 to $1500 down and $625.00 per month (includes taxes & insurance). Down payment assistance programs are available if you do not have the full $1500 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 $635.00 monthly payment is credited toward purchasing this home on our rent to own program. After one year, the monthly rent credit is $150 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 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.  No balloon payments, no deadlines, and no pressure, finance or refinance the home when you are ready.