TWIN LAKES NEWARK, DE 19711

Features

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Facts

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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

** This 3 Bed, 3 Full Bath and 1 Half Bath Townhome is ACROSS THE STREET FROM NEWARK CHARTER SCHOOL! Located in the neighborhood across the street, this home is within a short walking distance! ** Maybe you're part of the faculty or staff at Newark Charter School, and are looking to move before the school year starts. Or maybe your student attends the school. It's also minutes away from University of Delaware! Additionally, it's close to I-95, shopping centers, hospital/medical facilities, popular restaurants, and more. You can't get more convenient than this! -- RECENT UPDATES: New luxury vinyl flooring, new paint throughout entire home, new toilets, new microwave, new stove/oven, and new dishwasher!! This home also has other desirable features such as multiple walk-in closets, upper floor laundry, huge gathering spaces, a balcony, granite countertops in the kitchen, attached garage, recessed lights, fire sprinkler system, and more! The neighborhood has a playground and guest parking lot(s)! -- *** IMPORTANT NOTES: (1) The Landlord will pay the HOA fee, so that's not charged to the Tenant. Trash & recycling are covered by the City of Newark, so Tenant doesn't have to pay for those either. Tenant is responsible for the following: lawn mowing, snow removal, and all other utilities including sewer. -- (2) A detailed info document is available that contains so much information about the rental criteria, application process, etc. If you cannot access it, please ask an agent send it to you. The link to the rental application is in that document. -- (3) Any and all listing information and data are assumed to be accurate, but Tenant is responsible for verifying any and all listing information and data. -- (4) Combined Gross Monthly Income for the household must be at least 2.5 x Monthly Rent. -- (5) Minimum TransUnion credit score through TurboTenant must be at least 640. [Some exceptions to this minimum score MIGHT apply. Refer to aforementioned document. Your TransUnion score through TurboTenant may differ from other TransUnion scores you've seen. We specifically use the score generated through TurboTenant.] -- (6) This rental is NOT approved for Section 8. Therefore, Vouchers cannot be accepted. -- (7) This property is NOT for sale. Rent-to-own is NOT an option. -- (8) NO PETS ALLOWED. ***