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2011 2ND AVENUE COTTAGE

PURCHASE OPTIONS

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HOUSE AMENITIES
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PURCHASE OPTIONS
INVESTOR TURNKEY PURCHASE

 PURCHASE OPTIONS:  

       

You have 2 different Purchase Options: Purchase with New Bank Financing; or Lease Purchase / Rent to Own.

 

Option 1 -- Purchase with new Bank Financing  $65,000

This option is perfect for those buyers who have great credit, a large down payment, and can qualify for a bank loan.

  • Purchase Price of $65,000
  • 25% below Market Value
  • Great Credit Required to Qualify with Bank
  • Down Payment of 5-10% of purchase price $3,500 - $7,000 cash needed  
  • 30-day closing

 

Option 2 - Lease Purchase / Rent to Own  $75,000

This option is structured for those buyers who have problem credit, can not qualify for a bank loan, may only have a small cash reserve but has a solid monthly income.

  • Purchase Price of $75,000
  • Below Market Value
  • Problem Credit OK
  • No Bank Qualifying
  • 2-Year Option Period
  • An Option Fee is required to secure your right to purchase.   
  • #1 Option Fee of $3,000 with a $775 Rent, is designed for those tenant/owners who may only have a small cash reserve and a higher monthly income.
  • # 2 Option Fee of $4,000 with a $700 Rent, is designed for those tenant/owners who may have a slightly larger cash reserve and a stable monthly income.
  • When you exercise your Option to purchase, 100% of your Option Fee is applied toward your Down Payment. 

Contact Information:
Dream Castles LLC
804-480-4048