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Classified Ad #581858 - Rent To Own Home, Phoenix! No Money Down, Free Credit Repair!

Price: $1,295.00 USD
Available: 1
Member: jennel
Joined: Apr 27, 2008
Ad Placed: May 21, 2008
Ad Expires: Jun 20, 2008
Location: Phoenix, Arizona
Category: Real Estate > Rent to Own
When you rent a home with us, we can help you repair your credit. Credit repair is offered for as low as $39/per month/per person – this is FULLY REFUNDABLE when you purchase your Rent To Own Home with us.

Subject Property: 7838 E. Garfield Street Scottsdale, AZ 85257
Rent to Own HOTLINE: (480)-302-3544 Email Me Here

Visit our website http://renttoown.dometri.com

Monthly Rent: $1295.00

Property Description:

This 3 bedroom, 1 bath home is located near Grand Avenue and 29th Avenue. Spacious rooms, covered patio, 1 car carport and spacious yard. It is a great starter home. Comes with new paint, new floor and new carpet. Walking distance to schools, public transportation and shopping.

If you’re serious about repairing your credit and buying a Rent To Own home, please call so that we can prequalify you – here’s what you’ll need to provide to start the process:

Name
Address
Date of Birth
Social Security Number
Rental History
Employment History

In as little as 5-10 minutes, we’ll have the information we need to pull your credit and enroll you in our Rent To Own Program.

Rent to Own Terms for this Property:
Monthly Rent: $1295.00
Available for Move in: 1st week of JUNE!

Here’s the small print:

Purchase Terms

You can lock in the purchase price at today's value and purchase in 12 months after you acquire financing. That means you are able to build equity before you even finance. We do not require down payments or options fees. That means you can move in for no money down – just pay the 1st months’ rent. It’s not too good to be true - remember your objective is to buy the house, and we make sure of that. We feel that if you are serious about purchasing the house and you are going to obtain 100% financing through our lending services, there is no need for you to scrape together $1000, $3000 or $5000 to join the Rent to Own program.

Rent to Own Monthly Payment Terms

The monthly payment of our Rent to Own properties is equal to "Market Rent". Market Rent is defined as what-ever a nicely remodeled, same-size property in the same neighborhood rents for – that’s how much you are going to pay for your house, Market Rent. Now, this is too good to be true, so we have to add a twist. In addition to Market Rent, we ask that you pay an additional 10% of your Rent towards the purchase of the house each month. This 10% payment (typically between $110 - $150) is paid monthly along with the rent and will go towards the purchase of the house. This 10% will reduce your purchase price, so already you are paying down the principal balance of your loan before you even finance.