Owner Finance 3Bd/3Ba Home in Pensacola, FL

Owner Finance 3Bd/3Ba Home in Pensacola, FL. Charming older home on a large corner lot. The property is mostly fenced (exception is at the parking area, where there is no gate). Roof is only about 2 years old. Many other updates make this a charming and move-in ready home. Central heat and air conditioning, covered rear patio, covered parking for a vehicle. Seller has used the home as a short-term rental and has done well, though is retiring and slowly selling his properties.

Most furniture is included in the sale (book cases and a few other small pieces the seller wants to keep); if you aren’t interested in the furniture, you are welcome to make an offer that indicates such. Shed does not convey. Turn-key STR (short term rental). Seller will entertain lease with option to buy (rent-to-own) with 15% down or owner financing with 20% down and balloon in 5 years.

The seller would prefer a cash buyer or a buyer who obtains their own financing, but will entertain the lease-to-own or owner-finance options; either of those will still require the buyer have good credit and the interest rate will be around 2% higher than the current fed rate. Also the sales price will be non-negotiable with either of those two options. For more information click HERE

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Owner Finance 3Bd/3Ba Home in Pensacola, FL.

Rent to own properties are ideal for homebuyers who are on the fence and not quite ready to go “all in” on a specific real estate investment. It’s basically like taking a home for a “test drive,” getting to know the neighbors, local school districts and community benefits (and drawbacks) before making the all-important decision to buy.