Rent to own folsom / Briggs Ranch
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Manseau Dr., Folsom, CA 95630
$3,800/mo
4 bd
· 2.5 ba
· House
· 6 sq ft
Description
Owner Finance this is a rent / Lease with option to purchase. No bank approval needed.
4 Bedroom 2.5 bath
hardwood floors
great location walking to school, park and shopping.
In house vacuum
2100 sg ft. spa pad in plush back yard
Dog run on side and shed on other
built in cabinetry in garage.
work bench.
New water heater.
New carpet in bedrooms.
and more.
Rent to own is a great opportunity to get to in a home with bad or no credit and almost no money down. Rent to own only a small opt in fee with first & deposit you have a home such as ours.
A rent-to-own contract, also know as lease/option, allows a renter the opportunity to purchase a property at the end of a lease period. A lease with an option to buy is good with these considerations:
Saving for the down payment.
Unsure if the neighborhood is the right choice.
Trying to build higher credit scores.
Uncertain job outlook: possible transfer.
A rent-to-own contract works like this:
The buyer and seller agree on a nonrefundable option-to-purchase fee that the buyer will pay. The option fee the buyer the right to purchase the property in a certain time frame- usually one to three years from the initial lease date.
Once an agreement has been reached, including monthly rent, terms of th edeal, and purchase price of the house, the contract cannot be changed without the concent of both parties, even if the property increases or decreses in value. On average a percentage of the rent is credited to the down payment if the buyer does decide to purchase in the future.
Near Park and walk to the school, Folsom Lake and shopping.
Contact
wendy
Phone: (916) 826-7625
Email: [email protected]
Listing ID: 625311
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