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Running Creek is proud to present this peaceful, pristine ranch-style home near St Rt 188 and the Bypass, available as Rent-with-the-Option-to-Buy. After several years of a crazy housing market, Running Creek has partnered with other local companies to find REAL solutions for those wanting to buy but needing more options to get approved for a traditional mortgage. We will accept applicants who are still working on their credit! Let us introduce you to the house and then we will explain how this new program works~ Just steps away from local parks, this home has been completely redone and is located 2 blocks from 188 and access to the 33 Bypass. New windows, and brand new All Electric heat / Central Air create energy efficiency to save you money. The living room has a charming, large window. The main bedroom has tons of room and the second bedroom has an adorable built-in bench with storage. The kitchen has new cabinets, granite countertops, and tons of space for storage. An electric flat top stove with an Airfryer feature, dishwasher, stackable washer/dryer, and large Fridge with french doors are provided. The Washer/Dryer hook-up is in the kitchen area. The bathroom has a shower with tile surround and a new shower head. Parking is off-street. The application is FREE! Monthly Rent: $1250 We have easy and free online rent pay, with an auto-draft option. Security Deposit is Zero with the Rent-with-the-Option-to-Buy Program Non-refundable Option-to-Buy Fee: Negotiable, you can submit what number makes sense for your situation. This is not refundable and is not part of the down payment that a bank might require. This Fee is to "Hold" the home and take care of the holding costs (mortgage, taxes, insurance) while you are getting approved for the home purchase. Purchase Price $147,500 - the price is locked in no matter what the market does. You must close in 6-9 months in order to buy it. Non-refundable Option-to-Buy Fee: Negotiable, you can submit what number makes sense for your situation. This is not refundable and is not part of the down payment that a bank might require. This Fee is to "Hold" the home and take care of the holding costs (mortgage, taxes, insurance) while you are getting approved for the home purchase. Purchase Price $147,500 - the price is locked in no matter what the market does. You must close in 6-9 months in order to buy it. What if at the 6-month mark, I decide to take my dream job in Florida and I don't want to buy the home anymore? It's alright! You can take your dream job and you don't have to buy the house. That's why it's called an "Option" because you do have the choice NOT to buy it at the 6-month mark. The only thing to consider is that your Option Fee is non-refundable. That's because we have to hold the home for you while still paying all the holding costs of our mortgage, taxes, and insurance - which are all much higher than a typical homeowner. What if I find something that needs to be fixed? Even though our crew is meticulous with multiple inspections, they haven't lived in the house full time (although they might feel like it with all the levels of inspections we do!). You can use our simple online Repair Request Form. Once you buy the home, obviously it becomes your responsibility but this way you have access to the folks who did the renovations in the first place.
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