Pictures & Property Details Below...
Rent2Own Home in East Otto New York
Never thought you’d own a home ? Think again … Stop throwing your money away in rent!
No Bank Qualifying. Flexible Financing!
Beautiful spacious inside and out! 3 bedroom 1 bath home. 1/3 acre lot. Lovely country home between Spring Valley & Ellicottville. Corner lot; eat in kitchen; new doors & windows; newer roof; newer water heater & furnace. Quiet neighborhood; small town living with the conveniences of big city access nearby (10 minutes NW of Cattaraugus; 45 minutes NW of Jamestown).
Purchase Price: $99,900
Down Payment: $3,000-$7,500
Monthly Payment: $1,000-$1,250 depending on the amount you can put towards the down payment
Interest Rate: flexible
Duration/Term (Before You Get Your Own Bank Loan): 24 months
After Repair Value: $162,337
Down payment assistance program available.
If you don’t have enough of a down payment, we can help finance it. Depending on the the size of your down payment, we would add an extra $125/mon to $250/mon on top of the monthly payment until the down payment amount is met.
The More You Sweat, The More Equity You Get!
Any repairs you perform that improve the home's value will be deducted from your loan balance (i.e. if you put $2,500 in repairs, your loan balance will be reduced by $2,500 -> once pictures, contractor invoices and receipts are submitted).
Recommended Repairs (you decide when, what, and how much to repair):
Update Kitchen (Optional)
Interior & Exterior Paint
Replace Barn Roof (or Demo Barn)
Patch or Replace Flooring (As Needed)
Repair Damaged Sheet Rock Ceiling In One Room
Service Air Conditioner/Heater
Schools: Cattaraugus Little Valley Elementary, Middle, & High School