1017 E. Calvert St, South Bend IN 46613

1017 E. Calvert St

House - South Bend IN

 Sale Price: $59,900.00 Terms: Lease/Option (Rent to Own) – $1000 to $2500 down and $700.00 per month (includes taxes & insurance).  Down payment assistance programs are available if you do not have the full $2500 down payment at this time.  Your upfront down payment could be as low as $1500 down, $1250 down, or even as low as $1000 down. 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 $700.00 monthly payment ($350.00 per month) 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 carrying out the purchase of 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 a position to qualify for a standard or FHA mortgage, no pressure, no deadlines, no balloon payments.

Home Information: Nice, large 2 story home located in a quiet neighborhood on South Bend’s south side near Studebaker Golf Course and Riley High School and available at a very affordable price. The home has 4 bedrooms (1 large master bedroom on the main level and 3 bedrooms on the upper level), a large yard with a double lot and privacy fence, a detached garage, a nice, large living room/family room with laminate/wood flooring, a fireplace and sliding glass doors leading to a wooden patio deck, a large dining room, a nice kitchen with ceramic flooring, oak cabinets, a stove and refrigerator, one bathroom on the main level and a second bathroom upstairs, vinyl replacement windows, vinyl siding, gas furnace, a basement. This nice family home is in need of some light cosmetic remodeling and is being offered as-is for those who want to do the work themselves in exchange for a generous credit toward reducing your balance owed on the home.

If inquiring about Lease/Option (Rent to Own), the following programs are available. Rent to Own with $2500 down and monthly payments of $700 per month including taxes and insurance.   Down payment assistance programs are available for lease to own buyers with decent qualifications and that are otherwise qualified but who may be short the standard down payment of $2500.  You may qualify to put down less ($1000, $1250, $1500, etc.) upfront and make small payments on the balance of the down payment each month until the $2500 down required is met or you may use your tax refund that may be available in the coming months.   For more details email us at sdk@sdkfinancial.com or call 574-674-0828. Perfect credit is not required.  To qualify, a 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. 

A Land Contract also available for qualified buyers only with $12,000 down and monthly payments of $595.00 per month.