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Pocomoke City, MD 21851
- Single Family Home / Rent To Own
Property Details for null St, Pocomoke City, MD 21851
Features
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Facts
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Description
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.
owner is offering a lease purchase option for 2,000 per month with $600/month going towards the purchase principal balance if buyer purchases traditionally within 18 months. owner will also offer traditional owner financing at 5% with a 5-year balloon and a 30-year amortization. contact agent for more details. spacious duplex (2 units) offered on outskirts of pocomoke city town limits. these new construction units are turnkey with lvp flooring in living spaces, carpet in bedrooms, ss appliances and a nice, open layout. these are being offered as a package if you wanted to purchase one to live in and one to rent out to offset your mortgage! seller is in process of subdividing giving potential for units to be sold separately. reach out to la for updates on the potential subdivision. build wealth by investing in real estate!
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