2615 Castine Walk, Mishawaka IN 46544

2615 Castine Walk, Mishawaka, IN 46544

House - Mishawaka IN

Sale Price: $199,900.00 Terms: Lease-Option (Rent to Own) – $6000 to $12,000 down and $1450.00 per month (includes taxes & insurance).  Down payment assistance programs are available if you do not have the full $12,000 down payment at this time.  You may put a minimum of $6000 down and pay the balance of the down payment off at $200 or $250 per month and/or pay it off with your tax refund. You will also build nice equity in this home with our 25% rent credit toward the purchase of this home in the first year…1/4 of your $145.00 monthly payment ($362.50) 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: Very nice tri-level home, with many updates, located in the popular Reverewood subdivision on Mishawaka’s southeast side. The home has 4 bedrooms, 1.5 baths, a detached 2-car garage, a separate storage shed, a fenced-in rear yard, vinyl siding, vinyl replacement windows, a large family room, a dining room or living room, and a nice kitchen with a stove, refrigerator, and new dishwasher. This home is in very good condition with many updates …. fresh paint throughout the interior, new flooring, new garbage disposer, new front storm door, new furnace, and new central air. This a must-see home that is absolutely a great deal for someone looking to get out of the rent trap and have an opportunity to start purchasing a nice remodeled home in a great area with very good, easy-to-qualify for terms.

If inquiring about the Lease/Option, the following programs are available:  Lease to Own with $12,000 down and monthly payments of $1450 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 $12,000.  You may qualify to put down less ($6000, $7000, $8000, etc.) up front and make small payments on the balance of the down payment each month until the $12,000 down required is met, or you may use your tax refund that may be available later this year or next year.  Call 574 674-0828 or contact us through this website for more information.

Also, Land Contract financing is available with $25,000 down and monthly payments of approximately $1295.00 per month, including taxes and insurance.  This is available for qualified buyers only.