Evergreen Solutions, LLC
Real Estate Investments

We Buy Homes then Rent to Own
801-528-9310



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South Ogden, UT - 5060 Burch Creek Dr.
Unit 138 - Rent to Own - Lease Purchase Option

Type: Single Family Home Levels: 2
Price: $ 1,289.00/mo 
($400 credit)
Interest Rate: N/A
Beds:  3  Baths:  3 Size: 2500 Sq. feet
Lot Size: .21 acre Year Built: 1976
Heat: Gas Hot Water Cooling: Evap.
Tax #: 07-033-0005 Taxes: $ 1,407.64
Schools:
Elem: H. Guy Child
Jr. High: South Ogden
High: Bonneville

 
  Dishwasher
  Vaulted ceilings with large picture windows & deck
  Super nice neighborhood

Deep 2 car garage

Large tub and shower in master bath

Basement entrance

New roof 10 year warranty

Mature trees, auto sprinklers, swingset

Sauna 

Question? How does Rent to own work on this home?
Answer: You are buying a home today but not closing on it for a year or more. There is a $3,500.00 lease fee, non-refundable if you do not buy the home.  When you buy the home, this money is credited, so you don't lose a penny. The monthly payment has $ 400.00 per month being credited to the purchase price of the home.  Make sense?  Lets put it into numbers.
 


Purchase price end of lease.
Less paint and carpet credits option
$179,900.00
* Less your lease option fee
 <3,500.00>
* Less rent payment credit, 12 months @ $400.00
 <4,800.00>

===============
Total amount needed to RE-FINANCE showing 12 perfect on-time payments are required to help repair your credit, then you own the home.  $171,600.00


* Money is credited to the purchase of the home, if you do not take the purchase option, this money is not returned.

5% equity is needed to get a refinance or a new loan at the end of the rental period.  5% on this property is $ 8,995.00






Evergreen Solutions
- Updated November 26, 2007 6:58 p.m.