1127 Grant St., Elkhart IN 46514

1127 Grant St, Elkhart In 46514

House - Elkhart IN

Sale Price: $74,900.00 Terms: Lease/Option (Rent to Own) – $1500 to $4000 down and $750.00 per month (includes taxes & insurance).  Down payment assistance programs are available if you do not have the full $4000 down payment at this time.  You may put a minimum of $1500 down and pay the balance of the down payment off at $75 or $100 per month and pay it off with your tax refund in the next few weeks. 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 $750.00 monthly payment ($375.00) 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 mortgage or FHA mortgage, no deadlines, no pressure or no balloon payments coming due.