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Property
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Marriott/Slatterville,
UT - 3600 West Pioneer Road
Unit 162 - Seller Financing - Lease Purchase Option
Type:
Raw Land |
Levels:
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Price:
$3,950.00/mo. |
Interest
Rate:
N/A |
Beds:
Baths:
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Size:
Sq. feet |
Lot
Size: 20.6
acres |
Year
Built: |
Heat:
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Cooling:
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Tax
#: 15-011-0002 |
Taxes:
$ 1,363.57 |
Schools: |
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Elem: |
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Jr.
High: |
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High: |
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4 shares of water. |
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Zoned for 1 acre
building lots. |
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Might break up into four 5 acre lots. |
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1031 Trade. |
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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.
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Purchase price end
of lease. |
Make offer
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Less your lease
option fee |
<3,500.00>
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* 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%. |
$
00.00 |
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* Money is
credited to the purchase
of the home, if you do not take the purchase option, this money is not
returned.
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5% equity is needed to get
a refinance
or a new loan at the end of the rental period.
5% on this property is $.00
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Updated November 7, 2008 5:03 p.m.
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