This property is available on a rent-to-own basis.PLEASE NOTE -- This property is ONLY available as a Rent-to-Own / Lease-Purchase2414 Three Oaks Road (Cary, IL) 4 bedroom 4.5 bath 3,000 square foot home nestled into the woods is ready for you to move in. 3.5 car garage; Walkout basement with office.*Please note that a generous portion of each rent payment goes toward future equity/price reduction, if and when you choose to exercise your option to purchase the home within the next few years.This is a real gem of a Rent-to-Own home in the far NW suburbs for a growing family. Perfect if you're over-qualified for renting, but under-qualified for a mortgage because of credit issues or self-employment. Very close to great shopping on Route 14.Hurry because this one will be scooped up quickly. You've got to see all 24 of the pictures in our listing!Are you over-qualified for renting, but under-qualified for bank financing?You may actually be an ideal candidate for "Deferred Home Ownership," aka Rent-to-Own or Lease-Purchase, if your credit is poor/thin BUT you can put down a significant cash option deposit and have stable income. Read below for more details...OVERVIEW OF RENT-TO-OWN PROGRAM:*Rent with the privileges of an owner.*You will have the right to update/upgrade/remodel the property as you would like.*The purchase option agreement allows you the right, but not the obligation, to purchase the property at the agreed price any time within the agreed-upon period of time, ahead of anyone else. It's the perfect opportunity to test drive a property before you purchase it, and provides a creative and flexible financing option for those who do not fit into the conventional mortgage financing box at this time (83% of American adults).*This program allows ample time to repair/rebuild credit and accumulate savings and equity. Perfect credit is not required.*We would simply need you to provide a non-refundable initial deposit (5-20%, depending on various factors) of the sale price and proof of stable income. This initial deposit amount will be applied 100% to future equity/sale price reduction, should you choose to exercise your purchase option in the future.*In addition to the initial deposit. A portion of every rent payment also gets credited toward future equity/purchase price reduction if you choose to purchase the property by exercising your locked-in option price. Contact us ASAP for more information or to complete an application on this property. Of course cash and conventional mortgage financing-based offers will be considered, as well.*REALTORS, we will pay you a commission for providing a qualified tenant-buyer. Email us to set up a time to discuss (do not call the number listed).Rent-to-Own. 5-year lease with option to purchase at $350,000 (minus the amount of non-refundable option deposit AND monthly rent credits). Tenant-Buyer has the right to update/upgrade/remodel the property as you would like.
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