FULLERTON rent to own home - a single family home (5 beds, 2 baths)

This is not a list price. This is an estimate price for the property provided by FirstAmerican. Please note that this is only an estimate and should not be taken as fact or advice. When a list price becomes available we will publish it and along with changes to the contact information.Estimated Value: $1,491,320
Seller Financing/Rent to Own Tri-plexnnYou have to see this Three-bedroom, one bath house with two additional rental units on lot. After reting for three years (probationary period) at $3,500 (first year) a month the landlord will carry a 30 year First (prime rate plus four percent) or a 5 year second mortgage. Once you own the property you will receive the income from two additional (2-bedroom, one bath) units which will pay most of your mortgage. ncommit;nBoth houses have New Roofs AND new Over-sized electric solar units. New hot water heaters. New central air-conditioning units in the two real apartments. nnThe main house was built in 1952, but has since been upgraded with a new bath room, all new doubled paned windows (with gas between the panes to keep the cold and heat out), new flooring, new faade, roof, laundry, etc. There is a whole house wall air-conditioning unit. New central heating system, expandable to include air. Whole house water softener system. The living room comes a romantic electric fireplace (you can use it for heat or for adoring looks, it also has a new 65 inch flat television. The kitchen comes with a refrigerator, gas stove, microwave, toaster oven, cof...

Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.

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Property Brokerage: Tri-Star Realty , 33832 Diana Drive, Dana Point, CA92629
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