709 Altgeld St

This property is available on a rent-to-own basis. Sale Price: $59,900.00 Terms: Rent to Own - $1000 to $2500 down and $665.00 per month (includes taxes & insurance). Down payment assistance programs are available if you do not have the full $2500 down payment at this time. You may put a minimum of $1000 down and pay the balance of the down payment off at $50, $75, or $100 per month and/or pay it off with your tax refund. You will also build nice equity in this home with our 50% rent credit toward the purchase of this home in the first yearhalf of your $665.00 monthly payment ($332.50) is credited toward purchasing this home on our rent to own program. After one year, the monthly rent credit is $150 per month. This is a great way to save for a down payment toward purchasing this home to be used at a later date when applying for a mortgage loan to carry out purchase of this home. You may take as long as you need to get in position to qualify for a standard mortgage or FHA mortgage. There are no deadlines or balloon payments due after 1, 2, or 3 years like most rent to own programs available in this area. If inquiring about Lease/Option, the following programs are available: Lease to Own with $2500 down and monthly payments of $665 per month including taxes and insurance. Some down payment assistance programs are available for lease to own/rent to own buyers with decent qualifications but who may be short the standard down payment of $2500. You may qualify to put down less ($1500, $1250, $1000, etc.) up front and make small payments on the balance of the down payment each month until the $2500 down required is met or you may use your tax refund that may be available in the coming months. Home Information: Very nice home located in a good, quiet neighborhood on South Bend's southside and available at a very affordable price. The home has 2 good sized bedrooms, a detached garage with vinyl siding, a nice, large living room/family room with a fireplace and hardwood flooring, a nice dining room, a nice kitchen, a nice bathroom, storm windows, newer vinyl siding, newer gas furnace, newer central air conditioning, newer gas hot water heater, a very clean full basement, a nice enclosed front porch, newer gutters and downspouts, a walk up attic with lots of storage space that could be finished into large dormer style bedroom or kid's playroom. This is a very nice, clean home located in a great south side neighborhood and is conveniently located close to schools, shopping and south side restaurants as well as to downtown South Bend. Lease/Option (Rent to Own) low down, easy qualifying. Down Payment Assistance programs available to reduce the up front down payment