Property Details
502 S 26th Street, South Bend IN 46615
SoldDescription
502 S 26th Street, South Bend IN 46615
House Sold - South Bend IN
SOLD! Sale Price: $94,900.00 Terms: Rent to Own – $2500 to $5000 down and $950.00 per month (includes taxes & insurance). Down payment assistance programs are available if you do not have the full $5000 down payment at this time. You could reduce your up front down payment to $4000, $3500, $3000, or to as little as $2500 down. 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 $950.00 monthly payment 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 refinance out of the rent to own program. You may take as long as you need to get into position to qualify for a standard mortgage or FHA mortgage, no pressure, no deadlines, no balloon payments.