$175,000


2 Beds   1 Bath   Single-Family

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Brooklyn Ave,
Kansas City, MO 64124

Potential Profit

$48,790

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Status: Active
Listing ID: 55682063

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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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Kansas City, MO
Home Inspectors

Precise Home Inspections Inc.
Richard Scroggins
816-420-0130
Metropolitan Inspection Services, LLC.
John C Winget
913-221-6636
Sweet Home Inspections
John Matthew Woods
913-894-5893
American General Property Inspections
Jeffery Fielder-Bey
816-353-5151
Pillar To Post
Bryan Ptacek
913-636-2089
foreclosure.com

Brooklyn Ave
Kansas City, MO 64124

2 Beds   1 Bath   Single-Family

$175,000

Status: Active Listing ID: 55682063

Property Information

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Public Records

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Property Description

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Listing URL

https://www.foreclosure.com/listing/address.html?address=Brooklyn-Ave-Kansas-City-MO-64124/55682063_lid

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