NEWPORT NEWS rent to own home - a single family home (3 beds, 2 baths)

Super cute 3 bedroom and 1.5 bath set in the heart of a sector of Newport News' Revitalization program. LVP flooring in the LR and hal less than 2 years old. Painted within the last year. Appliances and water softener convey as-is. Ideal for first time homebuyers or rental investors. Current tenant lovingly keeps the home well and would like to stay. Current rent is $1200 mo. and lease ends late August.This rent to own home is a single family home located in NEWPORT NEWS. It offers 4792 in size, 3 beds and 2 baths. Review its detailed information and determine if this NEWPORT NEWS rent to own has the qualities you are looking for.

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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