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

Welcome to 5107 Midwood Ave, Baltimore, MD 21212 Rent to Own Program! THIS HOUSE IS FOR SALE ($245,900), if you meet the basic qualificatios for the program below, you may be eligible. Contact agent to apply! ***This program does not accept vouchers.*** Basic Qualifications: -Income $30k+ annually -550+ credit score (soft pull) -No evictions/late rent payments or car repo's within the past year -Student loans must be in good standing (not in default) -Have $7,300 in savings for the initial deposit Monthly rent breakdown (estimated): Rent: $1617 Savings toward down payment: $239 TOTAL $1,975/month Mortgage after program (estimated): $1,403/monthThis rent to own home is a single family home located in BALTIMORE. It offers 7496.00 sq. ft. in size, 3 beds and 2 baths. Review its detailed information and determine if this BALTIMORE 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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