4750 Merlin Place, Farmington, NM 87401 Sold

  • $239,900
  • 4 beds
  • 2 baths
  • 1,856 sqft

Challenged Credit Ok!!!

House in Little Creek Subdivision

Enjoy life in this 4 bedroom, 2 baths, single-family starter home conveniently located in Little Creek Subdivision. You’ll love the oversized living room, master suite, cozy backyard patio, quiet street that this home has to offer, and with close school proximity, to Apache Elementary, Tibbetts Middle School, and Farmington High School, you’ll finally have more time to focus on the things that matter most to you.

HURRY-great opportunities like this don’t come along every day!

Rent-To-Own: 18-month term lease, monthly payment $1,500.  Option to buy with-in lease period with a 3.5 to 5% Option Fee Down Payment (OFDP). $100 Monthly Incentive for rent payments made on or before the 1st of each month.

SCHEDULE A SHOWING at http://schedule-a-viewing.com/lc/be4672a0fd

100% of the OFDP counts towards the option price of the home later on when you go to exercise your option to purchase the house (so it’s NOT like an extra fee just to rent-to-own… ALL of it counts towards the house), but it is always going to be much more than a typical security deposit for a straight rental… Also, challenged credit OK for rent-to-own!  We don’t have a “credit SCORE requirement” per se as in a specific #, but we do review your reports to make sure you have a clear game plan on what you need to do to get up to a 640 during the rental phase of the rent-to-own.  Rest assured, we work with credit challenges all the time!
4750 Merlin Place
Farmington, New Mexico 87401
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Call 505.322.6988 for more details

Property Location