3037 Spring Lake Rd., Lake Wales, FL 33898

3037 Spring Lake Rd., Lake Wales, FL 33898
Photo 1 of 1
$79,900
Sold on 7/16/15
Beds Baths Sq. Ft. Taxes Built
4 2.0 1,728 $700 1990
On the market: 10 days
View full details, 15 photos, school info, and price history
LEASE W/OPTION TO PURCHASE!! Don't miss out on this opportunity to lease/buy a mobile home with 4 bedrooms, 2 baths, HUGE 3/4 acre lot, and NOT in a mobile home park. The home DOES need work but would be perfect for a handyman that wants to live in a home with little down and low monthly payments. Hurry, Hurry, Hurry!! Deals like this don't come along everyday! TERMS: - Leased/Sold in AS-IS condition whereas Leasee/Purchaser will pay for all needed repairs. - Lease with option to purchase after 12 months of on-time payments. - $2,500 down (which will be applied to purchase after 12 months). - FREE 1st months rent. - Monthly payments of $676.38 (which will not change after purchase). - Purchase price after 12 months will be $79,900. - 30 year mortgage fully amortized with 9.95% fixed interest rate for 5 years and LIBOR plus 8% thereafter with a floor of 9.95% and a maximum annual increase of 2% and lifetime cap of 16%. All sales, contract for deed, or lease option will go through lawyer and/or title company so both buyer and seller are protected. Terms listed are subject to change until we have a written agreement and are subject to CFPB and other regulations. Seller is a licensed real estate broker with Stress Free Property Management, Inc.
Listing courtesy of Jason Welch, SENSIBLE PROPERTY MANAGMENT