WOW! Great Loft Style House - Rent To Own. $995 Down $575 per month OPEN HOUSES SAT-SUN 1-2PM - Rent to Own Opportunity! $995 Down, $575 Per Month. Imagine living in a Manhattan Loft Apt. but without an elevator, doorman and hundreds of residents around you! Here you have a similar look but with full privacy, your own yard, lots of space between you and the neighbors, a deck that surrounds 50% of the house AND the property's quiet location where you'll be lucky to see 20 cars a day! 667 Selzer Rd. in Akron is a small single family house that should offer a great alternative to multi family housing. The property consists of two floors: The main floor has an open floor plan and includes the kitchen, living/dining area, a bedroom and a bathroom. The lower level includes a second bedroom, a basic toilet, the furnace and the water tank. A fantastic deck covered by a Wisteria vine is accessed through the rear door. The property has a GREAT POTENTIAL for expansion so if you want to do a Rent To Own and eventually add an addition, these are the terms that we can offer: Purchase Price: $34,900. Down Payment: $995. Three year lease at $575 per month. If you pay on time, after 3 years we'll offer you a concession equal to TRIPLE your down payment ($995 X 3) = $2985. As a result, your credits earned will equal $2895 (seller concession) + $995 (down payment) = $3890. After three years, you'll apply for a bank loan and pay us off. Expect your monthly payment to drop from $575 per month to less than half including taxes and insurance All applicants over 18 years must complete a $30 Credit, Criminal and Eviction Screening. If the first person in a couple gets approved, then we will cover the cost of the second $30 application. Tenancy decision will be based on a combination of the following criteria: 1. A minimum of 2.5 times verifiable household income compared to the property's rent. 2. Most emphasis will be on your credit and criminal history which includes timely payments, delinquencies, number of collections, past judgments, no evictions in the last 5 years, bankruptcies, types of felonies (if any) and their severity. 3. A minimum of a 550 credit score for an applicant or for a co-signer. 4. Please no Section 8. Pet Policy One dog (under 45 lbs) OR One Cat will be allowed. $200 Pet security deposit will be due prior to move in. $45 pet monthly rental fee. If you viewed the property in person and wanted to reserve it, a $100 Reservation Fee for 48 hours (fully credited toward the first monthly payment) will be due. QUESTIONS? please email us by clicking the link at the top of the page. We reply to inquiries and concerns IN WRITING ONLY as we want to be as fair and consistent to all prospective residents. SE HABLA ESPANOL. (RLNE4490688)
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