HERE IS YOUR CHANCE TO GET INTO AN AFFORDABLE RENT TO OWN HOME IN BALTIMORE CITY WITHOUT THE BANK!
Let the Journey to Home Ownership begin at this Rent to Own home in Baltimore Maryland in the Cameron Village neighborhood of Baltimore City!
Rent to Own Home in Baltimore City Maryland
Rent to Own Terms:
- Option Price: $110,000
- Option Fee Required: $5,000 to 5% ($5,500). This fee is flexible depending on applicant.
- Rent to Own Monthly Rent: $1,250
- Term: 12-18 months
- Note: This property is for “Rent to Own”/”Lease Option”. We are looking for someone who wants to buy the house. Gross income should be at least 3-4x the rent. For this property we are seeking a tenant with annual gross income of at least $45,000
- Can you afford the house? Income is at least 3-4x the rent.
- Do you have the funds necessary for the first months rent and option to purchase fee?
- Do you have at least 2 verifiable landlord references? Good rental history? No evictions!
- Do you have Verifiable employment history & income
- Can you Pass criminal background check? misdemeanors and minor infractions are okay
- If credit is an issue, are you committed to restoring your credit so you can qualify for a mortgage within 18 months?
- Do you really want to own the home?
Challenged Credit is Okay. When banks say no, we say yes. Get another chance at home ownership.
This nicely renovated 1,032 sqft townhouse in Cameron Village is somewhat walkable with public transportation available near rail and bus lines. The home is rated a B neighborhood for crime. This brick townhouse has 2 bedrooms, 1 bathroom, the basement can be used as a third bedroom, central air, hardwood floors, new appliances along with granite counter tops in the kitchen. This home is close to stores, shopping and schools.
This home is a great fit for those who want to own but need some time to repair their credit! You’ll have 1.5+ years to exercise your Option
to buy this home while living in & renting today as credit is being restored! Don’t miss your opportunity to move into this updated Rent to Own Home in Baltimore City Maryland!
All credit, proof of income including self-employed income will all be considered!
100% of your Option Fee goes toward the Option Price and/or Closing Costs of the home! The option to purchase can be exercised at any time during or at the end of the lease period. Tenants are required to pay a $50 application fee & work with credit repair company & mortgage broker for screening of timeline to qualify for mortgage loan.
- 2 bedrooms
- 1 bath
- Living Room
- Stove/Range/Dishwasher/Garbage Disposal
- Central heating and air conditioning
- Fenced In Backyard
- Tile, and Hardwood Flooring
- Finished Basement
- Shopping stores and schools
- Carry out Restaurants
- Bus/Light Rail Lines
This Home Won’t Last Long! Move in today! Contact to schedule showing!
The great thing about a Rent-to-Own or lease option is that you can move into one of our homes and you are given the time to fix up whatever is preventing you from qualifying now, whether it be credit or income. When you apply with us you will be introduced to our program which prepares tenants to qualify for mortgages. The application fee is $50 per applicant (namely, the person(s) whose income will be considered when applying for a mortgage)
To Submit An Application ASAP:
- Go to apply.prequalteam.com/BCK-LLC
- Complete the full application and submit
- The pre-qualifying company will contact you from a 412 or 724 area code number, so anticipate and answer their call. They will work with you regarding affordability of the home. They will provide you with your customized mortgage preparation action plan. We can make a decision on your application very quickly, typically within 48 hours