220 S Oakside Ave, Mishawaka IN 46544

220 S Oakside Ave, Mishawaka, IN 46544

House Sold - Mishawaka IN

Sale Price: $119,900.00 Terms: Lease-Option (Rent to Own) – $4000 to $8000 down and $995.00 per month (includes taxes & insurance).  Down payment assistance programs are available if you do not have the full $8000 down payment at this time.  You may put a minimum of $4000 down and pay the balance of the down payment off at $125 or $150 per month and/or pay it off with your tax refund 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 $995.00 monthly payment ($497.50) 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 carry out the purchase of this home.  You may take as long as you need to get in a position to qualify for a standard mortgage or FHA mortgage.  There are no deadlines or balloon payments due after 1, 2, or 3 years like most rent to own programs available in this area.

Home Information: Remodeled, Very nice, 1.5 story home located in a very nice, quiet neighborhood in Mishawaka’s east side Twin Branch area. The home has 3 bedrooms, 2 bathrooms, a detached oversized 2 car garage and a storage shed, a fenced-in double lot, vinyl siding, brand new vinyl replacement windows, a nice covered patio area, new carpet and flooring throughout, fresh paint throughout, a nice kitchen, a nice living room, a nice dining room, a partially finished full basement, newer gas furnace, central air conditioning, gas hot water heater, recently upgraded electric service. This home is in very good condition in a great Mishawaka neighborhood… and ready to move into.  Great home, great location, close to schools and parks.

If inquiring about the Lease/Option, the following programs are available:  Lease to Own with $8000 down and monthly payments of $995 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 $8000.  You may qualify to put down less ($4000, $4500, $5000, etc.) up front and make small payments on the balance of the down payment each month until the $8000 down required is met or you may use your tax refund that may be available next year.  Call 574 674-0828 or contact us through this website for more information.

Also, Land Contract financing available with $24,000 down and monthly payments of approximately $785.00 per month including taxes and insurance.  This is available for qualified buyers only.