THIS SINGLE FAMILY 3 BEDROOM HOME IS A LEASE TO OWN - $710/MONTH ARIZONA AREA

CALL (623-428-9695)

LEASE TO OWN this 3 bedroom/2 bath single family home with carport.
$84,400 CASH or $710/month with lease option.
CALL TO GET THE DETAILS TO OWN THIS HOME(623-428-9695)

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Lease To Own Property

Real estate:
While rent-to-own transactions are most commonly conducted in the context of consumer goods obtained at a retail store, this type of transaction also describes a specialized real estate agreement. In a rent-to-own real estate agreement, the tenant has the option to purchase the real property at a fixed price within a specific period of time, usually one to three years.[!] As part of the contract, the renter may be required to make a nonrefundable deposit.[!] Occasionally, a portion of the monthly rent paid during the lease period is counted towards the down payment on the property, often in addition to the monthly rent as a monthly premium that may or may not set the rent above the current market rate.[!] If the tenant is unable to exercise the option to buy, the owner is then free to rent or sell the property to another buyer, or to restructure the contract.[!] Rent-to-own real estate contracts typically become more frequently exercised during housing market downturns.

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Friday, July 19, 2013

7.) SINGLE FAMILY 3 BEDROOM HOME - LEASE TO OWN - $710/MONTH

THIS SINGLE FAMILY 3 BEDROOM HOME IS A LEASE TO OWN - $710/MONTH ARIZONA AREA

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