1088 Rushleigh Road Cleveland, OH 44121

View website: http://1088rushleigh.ePropertySites.com - This offer is for those who wish to stop throwing money away while renting. Since you must live somewhere and the purchase payment equals your rent payment, you may as well buy a property and have your money create some equity for yourself. A gorgeous 3 bedroom, 2 bath colonial in Cleveland Heights. Renovations throughout the entire house include all new windows, a finished 3rd floor with closet spaces, renovated bathroom with ceramic tile, ADT security system, large 2 car garage, new painting throughout, renovated kitchen. Size is 1274sq ft. + approx. 400 sq. for the 3rd floor = 1674 sq. ft Basement is approx. 624sq. ft 2 Car Garage is 360 sq. ft Land size is 6000 sq. ft Price is $89,000. Down Payment $1475. We will finance $87525 at 8.25% for 20 years. Your payment will be approx. $745 (principal and interest). As a buyer, your yearly taxes are 1682 which equal a monthly payment of $140. Your monthly insurance payment is approx. $65. As a result, your principal and interest payment PLUS taxes and insurance will be $950. And the house is YOURS. After 3 years you need to refinance the loan and get us paid off through a bank. Once the bank pays us in full, the title will transfer to you. After the refinance, you can expect your payment to drop considerably. Now it gets even better 1. You will get an income tax deduction for the interest on the loan. 2. You are building equity for yourself. 3. You are getting an appreciation from a future price increase. Buyers MUST have a minimum credit score of 570 to 600 as your score ...(show more) will have to reach 640 in a couple of years in order to get financial approval from any bank. If serious and have other questions please give us a call at 216-647-7701 Thanks.