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Description
WOW! RENOVATED XL PROPERTY - BUY INSTEAD OF RENT - PRIVATE FINANCING GREAT TERMS - - THIS OFFER IS FOR DESERVING BUYERS WITH GOOD CREDIT AND A 10% DOWN PAYMENT.
We are pleased to offer 1059 N. Howard St. Akron OH 44310 Ave., with Private Financing – where you actually get the deed.
The house offers 4 bedrooms, 2 full baths, 2 full kitchens, 2 separate entrances, and a 2 car garage. The property can be used as a single family home OR as a Duplex as the 2nd floor has separate entrance. If you have good credit, stable income and plan on living in the area for the next few years, then consider purchasing, rather than renting the property.
PURCHASE PRICE: $74,000
10% DOWN PAYMENT - $7400
LOAN AMOUNT $66600
PRINCIPAL AND INTEREST 8.75% FOR 300 MONTHS - $547.55 PER MONTH
TAXES AND INSURANCE $120.50
TOTAL MONTHLY PAYMENT----$668.05 PER MONTH
REQUIREMENTS:
1. A minimum 660 Credit Score.
2. We will use the services of a Residential Mortgage Loan Originator (RMLO) to fill a 1003 loan application, verify that your income can support the monthly expenses, review and sign consumer protection disclosures and ensure compliance with the Dodd Frank Consumer Protection Act.
3. A title company will be hired to transfer title and to make sure there are no hidden liens against the property. Costs for these services will be a few hundreds of dollars and they can be split evenly between buyer and seller.
BENEFITS OF BUYING WITH OUR SELLER FINANCING PROGRAM:
1Monthly payments are $200+ cheaper than rents.
2 Monthly payments remain fixed for the duration of the loan, while your income will most likely rise in the future.
3 No loan costs nor bank fees.
4 You are improving your credit rating by making timely payments.
5 You will get the actual deed and can deduct your interest portion of the monthly payments and deduct the property taxes from your gross income.
6 You are building equity by slowly paying down the loan and letting the property appreciate over time.
7 You can upgrade the property anyway you see fit and won’t have to deal with a landlord.
8 You can sell the house when you move, recouping at least a portion if not all your investment.
If you viewed the property in person and wanted to reserve it, a $200 Reservation Fee for 48 hours (fully credited toward the purchase price) 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.
WOW! RENOVATED XL PROPERTY - BUY INSTEAD OF RENT - PRIVATE FINANCING GREAT TERMS - - THIS OFFER IS FOR DESERVING BUYERS WITH GOOD CREDIT AND A 10% DOWN PAYMENT.
We are pleased to offer 1059 N. Howard St. Akron OH 44310 Ave., with Private Financing – where you actually get the deed.
The house offers 4 bedrooms, 2 full baths, 2 full kitchens, 2 separate entrances, and a 2 car garage. The property can be used as a single family home OR as a Duplex as the 2nd floor has separate entrance. If you have good credit, stable income and plan on living in the area for the next few years, then consider purchasing, rather than renting the property.
PURCHASE PRICE: $74,000
10% DOWN PAYMENT - $7400
LOAN AMOUNT $66600
PRINCIPAL AND INTEREST 8.75% FOR 300 MONTHS - $547.55 PER MONTH
TAXES AND INSURANCE $120.50
TOTAL MONTHLY PAYMENT----$668.05 PER MONTH
REQUIREMENTS:
1. A minimum 660 Credit Score.
2. We will use the services of a Residential Mortgage Loan Originator (RMLO) to fill a 1003 loan application, verify that your income can support the monthly expenses, review and sign consumer protection disclosures and ensure compliance with the Dodd Frank Consumer Protection Act.
3. A title company will be hired to transfer title and to make sure there are no hidden liens against the property. Costs for these services will be a few hundreds of dollars and they can be split evenly between buyer and seller.
BENEFITS OF BUYING WITH OUR SELLER FINANCING PROGRAM:
1Monthly payments are $200+ cheaper than rents.
2 Monthly payments remain fixed for the duration of the loan, while your income will most likely rise in the future.
3 No loan costs nor bank fees.
4 You are improving your credit rating by making timely payments.
5 You will get the actual deed and can deduct your interest portion of the monthly payments and deduct the property taxes from your gross income.
6 You are building equity by slowly paying down the loan and letting the property appreciate over time.
7 You can upgrade the property anyway you see fit and won’t have to deal with a landlord.
8 You can sell the house when you move, recouping at least a portion if not all your investment.
If you viewed the property in person and wanted to reserve it, a $200 Reservation Fee for 48 hours (fully credited toward the purchase price) 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.
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