$85,900


4 Beds   3 Baths   1,380 Sq. Ft.   Townhome

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Rankin,
Stone Mountain, GA 30083

Status: Active
Listing ID: 52421199

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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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Listing History

Start Date End Date Listing Type Bank Name
04/23/19 05/02/19 Rent To Own
12/09/07 05/17/08 Foreclosure
11/04/06 11/02/07 Foreclosure


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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Stone Mountain, GA
Home Inspectors

Superman Express LLC
Robert Moore
404-933-2051
Certified Elite Home Inspections, LLC
Emanuel Smith II
678-428-8488
UPFRONT N DIRECT HOME INSPECTOR LLC
Timothy Roberts
770-568-5811

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Rankin
Stone Mountain, GA 30083

4 Beds   3 Baths   1,380 sq. ft.   Townhome

$85,900

Status: Active Listing ID: 52421199

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=Rankin-Stone-Mountain-GA-30083/52421199_lid

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