Rent to own!
1061 SW 0018, Corsicana, Texas 75110
15 acres with steel building 50 X 90, small office, 2 bathrooms and also the original home site with concrete beams and septic. This will make an excellent small ranch and is an ideal area for deer! The property will require some repairs and cleaning. I know that electrical work and general cleaning is needed.
This 15 acre property with 50x90 building, home site with pad and septic is available on a lease option/rent to own basis ONLY. It is not a typical rental, but it is a great opportunity for someone who would like to purchase a home but can't because of past credit issues, self employment income, lack of substantial down payment, etc. We're looking for good renters who have had some problems in the past and who are now back on their feet. If you think you fit that criteria and you'd like to know more, Please reply with your name, contact # and your real email address (not the craigslist email).
This property is available for lease option/rent to own basis only. Please do not inquire on this property if you are only seeking to rent or buy.
*6890 + application fee to move in*
Rent $865/mo + $890 deposit for 24 month term
Option fee $5000 minimum, $8900 preferred ($533/month from timely rent payments will be added to your option fee). The option fee is non refundable.
Purchase Terms at end of lease: $89000.00 (minus option fee and rent credits)
Owner finance Terms $89,000 20% down ($17,800), balance ($71,200) at 10.5% interest 30 years. 1% origination fee. Apr=10.6537%
Monthly Payments (approx) $652 principal and interest + prorated taxes and insurance. Total approximate payment would be $865./month and you would pay your insurance separately.
Application/background check required. All references will be verified. Payment and terms will vary depending on down payment. Owner is licensed Real Estate Broker.
* minimum move in costs for qualified/accepted applicant(s)
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If you need owner finance or lease purchase and have a good down payment, call me and let's discuss how to get you into a property.