Rent2Own Home in Franklin NC (1hr SW of Ashville; 2hr SE of Knoxville)

Never thought you’d own a home ? Think again … Stop throwing your money away in rent!

No Bank Qualifying.

Calling All Handy(wo)men!! A Fixer-Upper's Dream! A MUST-SEE for anyone with vision who seeks to make their very own home shine! Perfect for long-term roommates, large blended families, or family-living-with-family that desperately desire privacy! Quiet neighborhood; small town living with the conveniences of big city access nearby.

Build instant equity! Each major improvement reduces your overall loan balance dollar for dollar! The more you sweat -> the lower your purchase price gets!!

Purchase Price: $169,900

After Repair Value: $209,900

Down Payment: $5,000-$10,000

Monthly Payment: $1400-$1650 (depending on size of down payment)

Duration/Term: 12 months then Owner Financed 20-30 year note

Single family dwelling, but the layout is set up as Duplex with an interior open archway connecting the 2 sides. Perfect for roommates or "family living with family." Both units vacant & easy to show.

Floorplan: Both sides have 2 bedrooms & 2 bathrooms (Downstairs: 1bed & 1 full bath; Upstairs: 1 bed & 1/2 bath)

Partial unfinished basement with laundry facilities. Long range view with some tree clearing, great yard for kids and pets.

Recommended Repairs Needed:

• Interior & Exterior Junk Removal

• Resurface Porch

• Replace doors (as needed)

• Replace Flooring

• Replace Bathroom Fixtures

• Replace A/C and Heater

• Minor Electrical Modifications

• Install Sheetrock & Paint (as needed)

• Moisture Barrier

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.

Any major repairs you perform will be deducted from your loan balance (i.e. if you put $10,000 in repairs, your loan balance will be reduced by $10,000 -> once pictures, invoices, and receipts are submitted).

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