Property Details
615 Studebaker St., Mishawaka IN 46544
Off MarketDescription
615 Studebaker Street, Mishawaka, IN 46544
House - Mishawaka IN
Sale Price: $99,900.00 – well under value in an area where similar homes,
some with less square footage, are selling for $120,000 to $145,000. Light
cosmetic remodeling needed, mainly paint, carpet, and any other things you
want to do to make this home suit your taste and your needs. Home is
available as is at this greatly reduced price and monthly payment if you are
willing and able to do the work, manage the work or hire it done. A great
opportunity for you to gain a lot of equity in a home. Easy Qualifying, Low
Down Payment programs available.
Terms: Lease/Option (Rent to Own) – $3000 to $6000 down and $895.00 per
month (includes taxes & insurance). Down payment assistance programs are
available if you do not have the full $6000 down payment at this time. 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 $895.00 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.
Home Information: 3 Bedroom, 2 bath, 1.5 story home located in a nice,
quiet neighborhood near Mishawaka High School, Merrifield Park and
Eberhart Golf Course, offered at a very reduced price. Features include:
aluminum siding, partially finished basement, nice hardwood floors, new
furnace 2017, new C/Air 2019, detached garage, fenced yard, living room,
separate family room with fireplace, great potential with a little work, great
area, great opportunity.
To Purchase This Home: If inquiring about Lease/Option (Rent to own),
the following programs are available: Rent to Own with $6000 down and
monthly payments of $895 per month including taxes and insurance. Down
payment assistance programs are available for lease to own buyers with
decent qualifications but who may be short the standard down payment of
$6000. You may qualify to put down less ($3000, $3250, $3500, etc.) up
front and make small payments on the balance of the down payment each
month until the $6000 down required is met or you may do this in
combination with using your tax refund that may be available next year.
For Additional information you can email us at Sdk@sdkfinancial.com or call us at 574-674-0828.
Also, Land Contract financing available with 20,000 down and monthly payments of approximately $749.00 per month including taxes and insurance. This is available for qualified buyers only.
2 Comments
Hello! I’m Ashley just wanted to reach out to you of a potential sale soon in the future. Please be advised I’m a first time home buyer.
See our new home coming soon on the north side of Elkhart.