STONEWOOD NEW ORLEANS, LA 70128

Features

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Facts

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Pre-Foreclosure Info

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Sale Type

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.

Description

Spacious 3-bedroom, 2-bath home with generous front and back yards. This fixer-upper offers great potential and is currently tenant-occupied, generating $1,200 in monthly rent. Seller will cover closing costs. Don't miss this investment opportunity!