The market price for 707 SW 20th Street is $140,000, based on a competitive pricing strategy that considers the property’s size, recent improvements, and local market conditions.

Estimated Payment:

Your monthly payment will depend on your down payment. Here are some examples:

• Option 1 (3% Down):

  • Down Payment: $4,200
  • Monthly Rent: $1,200
  • Rent Credit: $240/month (20%)
  • Total Down Payment After 3 Years: $12,840 (9.2% effective down payment)

• Option 2 (5% Down):

  • Down Payment: $7,000
  • Monthly Rent: $1,200
  • Rent Credit: $300/month (25%)
  • Total Down Payment After 3 Years: $17,800 (12.7% effective down payment)

• Option 3 (7% Down):

  • Down Payment: $9,800
  • Monthly Rent: $1,200
  • Rent Credit: $300/month (25%)
  • Total Down Payment After 3 Years: $20,600 (14.7% effective down payment)

No, we’re not working with a realtor. We believe it’s better for tenants to avoid middleman costs, which helps keep the process simpler and more affordable for you.

That’s up to you and the city/county regulations. We recommend performing due diligence to ensure your type of business complies with local zoning and licensing requirements.

Your purchase price is locked in at the time of the contract, so you’re protected from market fluctuations. This means you won’t pay more even if housing prices rise.

We understand that life happens. If you’re concerned about income changes, let us know as soon as possible. We’ll do our best to work with you, but it’s important to stay current on payments to avoid defaulting on the agreement.

Your monthly payment includes:

• Rent
• A portion credited toward the purchase price

Yes, as a rent-to-own tenant, you’ll be responsible for:

• Maintenance and repairs (as outlined in the contract)
• Property taxes and insurance (depending on the agreement terms)

If you choose not to purchase the house, you may forfeit your deposit and any credits applied toward the purchase price. However, you’re not obligated to buy if your circumstances change.

Our rent-to-own program bypasses traditional credit checks, making it easier for those with limited or bad credit to start their journey toward homeownership. If you can pay rent, you can start building equity.

You may make minor changes, such as painting, with our written approval. For major renovations or structural changes, you’ll need explicit permission. These details will be outlined in your rent-to-own agreement.

Our rent-to-own agreement is designed to give you time to build equity and prepare for homeownership. While early payoff isn’t guaranteed, we’re open to discussing it when the time comes. Any early payoff would need to be negotiated and agreed upon in writing to ensure it works for both parties.

If you break the lease, you may forfeit your deposit and any credits applied toward the purchase price. Additional penalties may apply, as outlined in the agreement. We encourage open communication if your circumstances change.