101 Big Oaks Dr

About This Property

Address: 101 Big Oaks Drive, Franklin, PA 16323 (Franklin School District) Lease with the Option to buy details: The sale price of the house will be locked in at $200,000 on a 3 year option contract. There is an option fee required upfront ($6,500) to reserve the house in 3 years. If you decide to buy the house the option fee would go towards the purchase of the house. You are not obligated to purchase the house if any circumstance may arise or you decide to move at the end of your lease. If so, this fee would be non-refundable. The rent would be locked in at $1350, for 3 years and at the end of the lease you would have an additional $7,200 credited on top of the $6,500 option fee for a total of $13,700 towards the purchase price of the house at the end of the lease. Tenant will do all maintenance and repairs under $500 with authorization. Owner will cover any repairs over $500, and Tenant will be billed for the first $500 of the repair. Total upfront moving cost is the option fee plus first months rent ($6,500 + $1350) = $7,850 We are flexible with moving dates, and can prorate monthly rent if you need to move in the middle of the month. This can be an excellent option if you're an aspiring homeowner, but aren't quite ready financially. This opportunity gives you the chance to get your finances in order, improve your credit score, and save money for a down payment, while "locking in" and living in the house you'd like to own. Please let me know if this sounds like an opportunity for you.

101 Big Oaks Dr is a house located in Venango County and the 16323 ZIP Code.