RENT TO OWN / LAND CONTRACT FIXER UPPER 1st time buyer ? Investor ? This is an opportunity to own a potentially wonderful piece of property, for almost no investment on your part. I am willing to sell via “Rent to Own” or “Land Contract.” This Ranch style home on a large lot. It sits well back off the street, and has a tree lined drive giving you privacy and a very big front yard. Great starter home, with enough room to add on as your family grows. Or Thinking of downsizing ? Nice area to slow down, and retire. Look for yourself, you will not find a better opportunity, especially in such a nice neighborhood. I am offering these terms because the home does need repair. You won’t have a huge investment like when you go to a bank…their bank fees, their large down payment or ridiculous closing costs. This will allow you to use your funds for remodeling. When finished, the house will obviously appraise much higher, allowing you to get a good, quality loan. Your down payment can be as low as $3000. Payment will be as little as $500 a month. Your payment of $500 will be amortized just like at a bank, part of that payment is equity and part is interest. You will receive a detailed amortization chart. You pay all the utilities. Maintenance and any remodeling is done at your pace. You will need to obtain financing within 3 years. Sale price is $90,000. Canfield School District - rated one of the best school systems in the state. A remodeled home of this size in this area would easily be $150,000 and higher. On the very next street are houses ranging from $225,000 and up. In the end, you will own a home that has increased considerably in value and is YOURS. Sound Good ? Keep reading. About the house: 1165sq ft. ranch 3 bedrooms living room 1 bath Also a small extra room that has been a nursery, office, pantry and laundry room. Basement: laundry area, shower, gas water heater, boiler for baseboard heat. ½ basement - ½ slab city water & sewer gas hot water re-circulating heater 40 gallon - gas hot water heater 2 car oversized detached garage lot size 71wide x 247 deep Included in this offer is the ability to also purchase another attached 70’ x 247’ lot giving you a very, very big yard. Enough property to play, relax, put in a swimming pool, second garage or add on to your home. IMPORTANT Necessary repairs at this time: Roof is not leaking, but is older, Interior painting, Interior flooring (carpet or wood plank), dishwasher, (might change the sink/cabinets as well). Bath needs clean-up/updating , General cleaning, Landscaping. A tenant has been living there for some time. They have just moved out, so the major mechanicals (heating, water heating, electrical, plumbing ) are working. Please contact me for more details and info. 330 719-0754 Compare for yourself: Positives: 1) very small down payment required 2) monthly payments are less than normal rent payments 3) you will have to pay insurance 3) very nice, safe neighborhood 4) Canfield School District 5) No more useless rent payments 6) Large lot 7) Land Contract is not as difficult as a bank loan, 8) If you ever wanted to own a home, this offer this is your chance Negatives: 1) it does need repair 2) you will have to pay insurance 3) you are responsible for maintenance ____________________________________________________________ Great starter home, with enough room to add on as your family grows. Or Thinking of downsizing ? Nice area to slow down, and retire. Worth looking into ? You will not find better financing terms anywhere. Contact me for more info. 330 719-0754 Thanks
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.
