Property Details
10096 Lehman St, Osceola IN 46561
SoldDescription
10096 Lehman Street, Osceola, IN 46561
House Sold - Osceola IN
SOLD! Sale Price: $79,900.00 Terms: Lease/Option (Rent to Own) – $2000 to $6000 down and $850.00 per month (includes taxes & insurance). Down payment assistance programs are available if you do not have the full $6000 down payment at this time. Email sdkfincl@aol.com 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 $850.00 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 in position to qualify for a standard mortgage or FHA mortgage.
This home is presently in the beginning stages of cosmetic remodeling and is being offered as is or when completed. The current price $79,900 reflects the the need for cosmetic fix up (Zillow shows current FMV at $89,400). If you are interested in a Lease Option program with the home as is, a reduced price is available as well as potential additional credit toward your down payment in lieu of you doing all or some of the cosmetic remodeling. The offering price after the cosmetic remodeling is completed will be increased to fair market value so a potential bargain price on a great Osceola home in a great area is possible for the right person, able and willing to take it as is. Feel free to contact us to discuss your options for price reductions and/or credits to your down payment in exchange for your doing the work and creating sweat equity.
***Land Contract also available with $15,000 down and monthly payments of approx $745 per month including estimated taxes and insurance.