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Washington Terrace, Utah - 5391 South 550 East
Unit 235 - Rent to Own - Lease Purchase Option
Type: Single Family Levels: 1
Price: $1600.00/mo 
($150 credit)
Interest Rate: N/A
Beds:  3  Baths:  2 Size:   1182 Sq. feet
Lot Size: .08 acre Year Built: 1993
Heat: Gas Forced Air Cooling: Central Air
Tax #: 07-425-0004 Taxes: $ 1,634.73
Jr. High:

Large living room vaulted ceiling



Question? How does Rent to own work on this house?
Answer: You are buying a home today but not closing on it for a year or more. There is a $10,000.00 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 $150.00 per month being credited to the purchase price of the home.  Make sense?  Lets put it into numbers.

2 years later
Purchase price end of lease.
* Less your lease option fee
* Less rent payment credit, 12 months @ $150.00

Total amount needed to RE-FINANCE showing 12 perfect on-time payments are required to help repair your credit, then you own the home, 100%. $349,400.00

Question?  We like this home, what is the next step?
  Everyone over 18 living in the home needs to provide a copy of their drivers license or ID card and complete the RENTAL APPLICATION. We do criminal and credit background checks.  Meaning, no drug related offenses or felonies in the last 5 YEARS.  We understand most credit issues. For if you had great credit you would not need us, you would just go and buy a home.  Pay us perfectly for TWO YEARS, not even a late payment, WE 100% GUARANTEE that you will own the home someday for we will finance you.  No bank needed.  We reward all who pay with ownership. 

* Money is credited to the purchase of the home and you get every penny, unless you do not take the purchase option, or are evicted, this money is not returned and credits are lost.

Evergreen Solutions
- Updated September 1, 2021 8:29 a.m.