806 Altgeld St, South Bend IN 46614

806 Altgeld - Renovated South Side Home available on our Lease with Option to Buy (Rent to Own) program with a great rent credit program to help you become a homeowner

House - South Bend IN

Sale Price: $94,900.00 Terms: Lease-Option (Rent to Own) – $2000 to $3500 down and $950.00 per month (includes taxes & insurance).  Down payment assistance programs are available if you do not have the full $3500 down payment at this time.  You may put a minimum of $2000 down and pay the balance of the down payment off at $50, $75, or $100 per month and/or pay it off with your tax refund that may be available early next year. 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 ($475.00) 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 this home. 

Home Information: Adorable home located in a very nice, quiet neighborhood on South Bend’s South Side. The home has 2 bedrooms, 1 bathroom, a detached garage, aluminum siding, a large enclosed front porch, a nice kitchen with a refrigerator, a gas furnace, a basement, a large backyard, and a great back porch to relax on. This home is newly renovated for open-concept living with all-new vinyl plank flooring throughout and a renovated bathroom. The home is located in a great neighborhood, ready to move into, and is close to grocery stores and restaurants and only a few minutes from the Bypass.

If inquiring about the Lease/Option, the following programs are available:  Lease to Own with $3500 down and monthly payments of $950 per month including taxes and insurance.  Some down payment assistance programs are available for lease-to-own/rent-to-own buyers with decent qualifications but who may be short the standard down payment of $3500.  You may qualify to put down less ($2000, $2250, $2500, etc.) up front and make small payments on the balance of the down payment each month until the $3500 down required is met, or you may use your tax refund that may be available next year.  Call 574-674-0828 Ext 702 or contact us through this website for more information.