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Clearfield, UT - 149 East 700 South
Unit 164 - Rent to Own - Lease Purchase Option

 
Type: Single Family Levels: 1
Price: $895.00/mo 
($150 credit)
Interest Rate: N/A
Beds:  2  Baths:  1
Size: 972 Sq. feet
Lot Size: .22 acre Year Built: 1951
Heat: Gas
Cooling:
Tax #: 12-003-0016 Taxes: $513.81
Schools:
Elem:
Jr. High:
High: 
 
 
Commercial Property / Residential
  Great location to Freeport Center
  Corner Lot

Appraised by Washington Mutual July 2007 for sales price

 

Question? How does Rent to own work on this house?
Answer: You are buying a home today but not closing on it for a year or more. There is a $3,500.00 lease fee, non-refundable if you do not buy the home.  When you buy the home, this money is credited, so you don't lose a penny. The monthly payment has $150.00 per month being credited to the purchase price of the home.  Make sense?  Lets put it into numbers.  


Purchase price end of lease.
$139,778.00
* Less your lease option fee
 <3,500.00>
* Less rent payment credit, 12 months @ $150.00
 <1,800.00>

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Total amount needed to RE-FINANCE showing 12 perfect on-time payments are required to help repair your credit, then you own the home, 100%. $134,478.00


Question?  We like this home, what is the next step?
Answer:
  Everyone over 18 living in the home needs to provide a copy of their drivers license or ID card and complete the RENTAL APPLICATION. We do criminal and credit background checks.  Meaning, no drug related offenses or felonies in the last 5 YEARS.  We understand most credit issues. For if you had great credit you would not need us, you would just go and buy a home.  However, if you pay us perfectly, not even a late payment, We 100% Guarantee that you will own the home someday.  We reward all who pay. 

* Money is credited to the purchase of the home and you get every penny, unless you do not take the purchase option, or are evicted, this money is not returned and credits are lost.





Evergreen Solutions
- Updated September 25, 2006 5:39 p.m.