This property is available on a rent-to-own basis. Property sold in its ?AS-IS, WHERE-IS? condition. Seller does not prorate taxes. Buyer pays all closing costs including, but not limited to any and all transfer taxes, title, legal, and recording fees. 3 Bedroom, 1 bath home in Memphis, TN. Home will need new HVAC systems, new hot water heater & fresh paint throughout. Other repairs & updates may be needed before move in ready. This home is on a large lot and close to grade school. Great potential! Financing is done using a common contract for deed. The down payment and monthly payments cover principal and interest over a 20 to 30 year term. Our financing allows buyers to own a home for low monthly payments that are generally lower than a rent. Please note the contract for deed price is higher than the discounted cash price. In order to qualify for this home, you must: - Make a combined net income of at least $1,800 per month. (Some homes require a higher monthly income) - Have secure employment, job stability, and decent credit - Have the ability to make repairs to the house. Property is sold in "as-is" condition and will need some work and repairs. The price for this home reflects the work needed and it will be your responsibility if you are the buyer. For more information contact: Richard Khemraj, Asset Manager (914) 220-5398 richard@castlerockreo.com
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
