19 Colgate Rd, Atco, NJ 08004

Want to Buy a Home but can't get a loan? Buy this Atco Lease Purchase Newly refinished 3BR twin home in close proximity to Rt 30 and Rt 73 Less than perfect credit is ok Hardwood flooring Newer Kitchen New Carpet throughout bedrooms Rear Patio Detached Garage So how does rent to own work? Very simply, the purchase price is $134,400, you place an option fee of $4,400 for your right to buy it within the next 24 months while also locking in todays price. That option fee is deducted off the full purchase price so when you buy it your balance is $130,000. During that time we will show you how to improve your credit or your debt to income ratios and later obtain bank financing. We understand things happen that are sometimes out of your control. Therefore do not think that your credit Will keep you from owning this home. We are primarily concerned with two things in order to qualify you for this home 1: do you have the required Option Fee and First month rent? 2: do you have the ability make the payments? A good rule of thumb is that you make at least three times the monthly payment amount. So, for this home, the household should bring in about $4,000 per month in income. Where can money for the option fee come from? 401K, credit card, pension plan, family/friends, tax return, stocks/bonds/annuities, IRA, proceeds from an inheritance, insurance policy just to name a few. All applications reviewed by NJ licensed property management company. DO NOT wire funds. Equitable Interest Seller This property allows self guided viewing without an appointment. Contact for details.