1318 Joyce Drive, South Bend IN 46616

1318 Joyce Drive, South Bend, IN 46616

House - South Bend IN

Sale Price: $52,900.00 Terms: Lease/Option (Rent to Own) – $500 to $1500 down and $575.00 per month (includes taxes & insurance).  Down payment assistance programs are available if you do not have the full $1500 down payment at this time.  Lower your up front down payment to as low as $500, Ask for details or see below. 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 $575.00 monthly payment ($287.50 per mo.) 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 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 or FHA mortgage, no pressure, no deadlines, no balloon payments. 
Our Rent to Own financing is available with $1500 down and monthly payments of $575 per month including taxes and insurance.   Down payment assistance programs are available for lease to own/rent to own buyers that are otherwise qualified but who may be short the standard down payment of $1500.  You may qualify to put down less ($1000, $750, $500) up front and make small payments for a short period ($50, $75, or $100) on the balance of the down payment each month until the $1500 down required is met or you may use your tax refund that may be available next year.   For more details call 674-0828. Perfect credit is not required.  To qualify, verifiable job or income is required and credit just has to be repairable in the next 3-7 years if it has derogatory marks today.  Some recent positive credit references are helpful if there has been negative credit that is on the credit currently and we work to approve you regardless. 
Also, Land Contract financing available with $7000 down and monthly payments of approximately $515.00 per month including taxes and insurance.  This is available for qualified buyers only.