1 Bath   Condo

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Arlington Blvd Apt 211,
Arlington, VA 22209

Status: Inactive
Listing ID: 55765195

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Property Information

  • Bathrooms: 1
  • Full Baths: 1
  • Total Square Feet: 390
  • Style: Contemporary
  • Heating Type: Forced Air
  • Air Conditioning: Central A/C
  • Year Built: 1955
  • Comments: Rental price: $1450
  • Source ID: VAAR171026
  • Days On Site: 55
  • Subdivision: River Place
  • Property Type: Condo
  • School District: ARLINGTON COUNTY PUBLIC SCHOOLS
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Rent to Own

Rent to own properties are ideal for homebuyers who are on the fence and not quite ready to go "all in" on a specific real estate investment. It's basically like taking a home for a "test drive," getting to know the neighbors, local school districts and community benefits (and drawbacks) before making the all-important decision to buy.

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First Steps to Buying a Rent To Own Home

This type of real estate deal entails an agreement to rent a property with the option to purchase it at a predetermined date and price. Under some structures a portion of the rent paid during the lease period can be applied to the purchase price. Also, during the lease period, the purchaser/lessee can use that time to save for a larger down payment or fix personal credit issues. As a third incentive, the purchaser/lessee can move into the property, get to know it thoroughly, get to know the neighborhood, and either complete the purchase or walk away from it, if the property turns out to not be suitable for him. For the seller, the rent to own option adds value to the sale of the property and broadens the market for potential buyers.

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Arlington, VA
Home Inspectors

HOMEAuthority
Jim Vaughn
703-675-5452
Master Home and Building Inspections, LLC
Donald A. Masters
202-455-4696
ATLAS Home Inspection
Ed Snope
703-304-3925
foreclosure.com

Arlington Blvd Apt 211
Arlington, VA 22209

1 Bath   Condo

 

Status: Inactive Listing ID: 55765195

Property Information

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Property Description

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Listing URL

https://www.foreclosure.com/listing/address.html?address=Arlington-Blvd-Apt-211-Arlington-VA-22209/55765195_lid

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