2.61 Acres, Remodeled Brick Home in Great Location . ***RENT TO OWN*** or Purchase Now . $975/mo and $2,750 down payment. . ************************************************ 718 Ketner Rd, Dandridge, TN 37725 ************************************************ Recently Remodeled 1,508 sqft of heated living space. 3 Bedrooms, 1.5 Baths 2.61 Acres completely fenced Hardwood & Tile Flooring Fireplace Dinning room Large Master bedroom with Walk-in closet Carport Large covered back deck Kitchen has new appliances Metal roof Vinyl windows Within 18 minutes of shopping centers, walking tracks, fitness gym, pharmacies, restaurants, grocery stores, and more. 3 miles to Interstate 81 4 miles to Interstate 40 35 Miles to Knoxville 34 miles to Pigeon Forge 10 miles to Jefferson City 12 miles to Morristown 9 miles to Wal-Mart You will not be disappointed. No smoking inside. $975/mo and $2,750 down payment. Sale Price $147,500 This RENT-TO-OWN program is for those who want to purchase a home, but are currently unable to qualify for a mortgage loan. Many times, the issues that prevent you from qualifying for a mortgage can be corrected within 12 to 16 months. Benefits of this program include: All of the Down Payment (i.e. Earnest Money) is applied to the purchase price. Each month, just like a mortgage payment is split into Principle and Interest, a portion of your rent will be applied to the purchase price. So, it is as if you have already started your mortgage payments. Finally, you end up a home owner with improved credit and a 30 year fixed rate mortgage loan. Minimum requirements: 1) Credit Score: 570 or higher (or 550 if due to lack of credit instead of bad credit) 2) Work History: held the same job (or in same line of work) for at least 1 year 3) Bankruptcy History: not filed bankruptcy within the last 2-1/2 years 4) Foreclosure History: not had a property foreclosed within the last 3-1/2 years 5) Debt-to-Income Ratio: less than 40% including this house payment. *Debt-to-Income Ratio = (All LOAN Payments Õ GROSS Monthly Income) *Debt-to-Income Ratio does NOT include phone bills, electric bills, etc. Only LOAN payments. Call 4-2-3. -- **. -- 443. -- and. -- 9230. ************************************************ 718 Ketner Rd, Dandridge, TN 37725 ************************************************
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