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.
This spacious 4 bedroom 2.5 bath property is perfect for an investor to fix and flip, upgrade and lease or buyer who sees the potential and is willing to turn this home into the perfect retreat with their own taste and upgrades.nThe rooms are very spacious with high ceilings - one block from 611, public transportation and shopping.
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The number of rent to own homes in Philadelphia is 11,103. Median home sales prices in Philadelphia are $233,000. The median price per square foot is $193 in Philadelphia. Homes within the zip codes — 19125, 19140, and 19132 are worth considering when looking for rent-to-own homes. Bala Cynwyd, Camden, and Cheltenham are very impressive towns that are not too far from Philadelphia. Every rent-to-own home will include useful data on its sales price, square footage, contact information, number of bedrooms and baths, and lot size. Get access to countless listings not found on Realtor® and Zillow® by signing up today.