Lease Purchase or Seller Financing Available. Beautifully renovated 5bd 3ba home in a great location! Minutes from Clayton, Washington University and Delmar. Purchase Price: $550,000. Down Payment 10% ($55,000). Monthly payment $3495. THIS IS NOT YOUR TYPICAL RENTAL. When the banks say no, we can say YES. It is being offered as a Lease Purchase/Owner Financing which is perfect for someone that wants to buy a home but cannot qualify for a traditional mortgage for whatever reason. Bad credit is OK. Payment is structured like a 30 year mortgages, interest rate of 6-8%. Just like a mortgage, a portion of your monthly payment credited to you when you buy. DOWN PAYMENT ASSISTANCE available: We accept borrowed funds for closing. You may also be eligible to withdraw from your pension (or your 401K plan). If you only have part of the required down payment, we may accept the difference in additional monthly payments. 100% of your down payment secures your exclusive right to buy the home.
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