RENT TO OWN HOME:
Fully Renovated!!
Seller will pay ALL of Buyer’s Closing Costs*
Description: This beautiful home is only 8 years old and offers 3 bedrooms, 2 ½ baths, 2 story foyer, new kitchen floors, new carpet throughout, master suite with vaulted ceilings and garden bath. All appliances including washer and dryer, first floor laundry, alarm, fenced yard.
Feel like a Brand NEW home.
Basement – Partial, Crawl
Fully Renovated and in NEW condition
Fresh Paint and NEW Carpet throughout
Garage: Attached 2 ½ Car Garage
Property ID #:2435
Home Type:Single Family Home
Home Style:2 Story
Bedrooms:3
Bathrooms: 3 Total - Full Baths: 2, Half Baths: 1, Quarter Baths: 0
Garage Stalls:2 - Garage Attached
Finished Sq Ft:not entered
Year Built:Not entered
Pet Policy
Dogs Accepted: Dogs Accepted
Cats Accepted: Cats Accepted
Neighborhood and School Information
Neighborhood:
School District:District 308
Elementary School:Wheatlands
Middle School:Bednarcik Jr. High
High School:Oswego East
Rent to Own Headline:Rent To Own this Beautiful Fully Renovated home in District 308
Monthly Rent:$1,800
Sale Price Notes:See Rent to Own Notes Section
Option/Down Payment:See Rent to Own Notes Section
Rent Credit Notes:See Rent to Own Notes Section
Maximum Term:See Rent to Own Notes
Available:Immediately
Rent to Own Notes:Terms : Rent To Own (up to 3 year term) Current Market Value is estimated at $225,000 (comparable sales) Purchase Price (after yr 1): $220,000 (Credits accumulated after year 1 =$3600.00 +$4000) Purchase Price (after yr 2): $231,000 (Credits accumulated after year 2 =$7200.00 +$4000) Purchase Price (after yr 3): $243,000 (Credits accumulated after year 3 =$10,800 +$4000) Monthly Lease Payment: $1800.00 Option Fee Required: $4000.00 Rent Credits are $300/month Financing: The goal would be to position you to purchase the home with an FHA loan within 1-3 years. The FHA down payment requirements are currently 3.5 %. With the option fee you put down up front + the rent credits you accumulate along the way, you will have the necessary down payment. *Must use Seller’s Preferred Lender.. ** The monthly rental payment you make during the lease option term is not always indicative of the actual payment you will make once you purchase the home. Your monthly payment will be based solely on the amount you finance at closing and your credit scores. ** Always be sure to do all your due diligence regarding the valuation of the home, condition of title, the sellers current payment status, taxes, association fees, and your ability to get future financing for the home prior to entering into any agreements. ** DO NOT enter into a rent-to-own agreement if you are not serious about purchasing the home and not serious about raising your credit scores substantially.
Interior Rooms Appliances Flooring Other Amenities Outdoor Amenities
Living Room
Dining Room
Rec Room
Unfinished Basement
Refrigerator
Stove
Garbage Disposal
Carpet
Hardwood
Vinyl
Washer/Dryer
W/D Hookups
A/C
Ceiling Fan
Heat
Fence
Home Address
1748 Melbourne Lane
Aurora, IL 60503
County:
Will County
Regional Area:
Chicago - West Chicagoland, Naperville, Aurora and Vicinity
Jay Mathison
Nationwide Realty Group, Inc.
(630) 886-3882