610 S 36th St, South Bend IN 46615

610 S 36th St, South Bend IN 46615

House - South Bend IN

Sale Price: $74,900.00 Terms: Lease-Option (Rent to Own) – $2500 to $4000 down and $775.00 per month (includes taxes & insurance).  Down payment assistance programs are available if you do not have the full $4000 down payment at this time.  You may put a minimum of $2500 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 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 $775.00 monthly payment ($387.50) 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.  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: A very nicely maintained home located in a very nice, quiet neighborhood in South Bend’s east side River Park area. The home has 2 bedrooms, 1 bathroom, detached storage shed, vinyl siding with some brickwork, a nice enclosed front porch, a nice kitchen, a nice living room, a nice dining room, a new gas furnace and hot water heater, a new roof, central air conditioning, and a main floor laundry. This home is in very good condition in a great neighborhood… and ready to move into.  Great home, great location, close to schools, shopping, and parks.

If inquiring about the Lease/Option, the following programs are available:  Lease to Own with $4000 down and monthly payments of $775 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 $4000.  You may qualify to put down less ($3000, $2750, $2500, etc.) upfront and make small payments on the balance of the down payment each month until the $4000 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.