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8304 Progress Dr



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Description

Lease with Purchase Option Program - $3,695 Monthly Lease Payment

*Monthly Lease price after paying a $3,600 Option Fee

Monthly Lease price without an Option Fee: $3,995

Sales Price: $519,900

Lease, Buy or both!

This beautiful 6 bedroom home is available for our Lease with Purchase Option!

This home is perfect for a large family! Located in Westover Park, features include 6 large bedrooms, 3 bathrooms, a 2 car garage, large trees out front, new interior paint, wood flooring in the living room, large kitchen with cabinet space and a bar for barstools, breakfast nook, an extra room behind the living room that can be used as an office, sun room or formal dining, and a large backyard with a storage shed.



LEASE WITH PURCHASE OPTION PROGRAM

This program has helped hundreds of people just like you turn their rental home into their forever home. During a 6-month period, you have the opportunity to improve your credit with professional advice while building a down payment toward the purchase of your home.

If you choose to pay an option fee, that payment will go toward purchasing the home.

At Open Sky Homes, we understand how difficult it can be to purchase a home when you have extenuating circumstances. Maybe your credit score is lower than you would like or perhaps you have been denied in the past. Maybe you haven’t saved up money for the down payment or just don’t know where to start.

Whatever the case may be, our Lease with Purchase Option Program is designed to give you the option of purchasing your home and stop losing all your monthly investments to rent. You can choose to pay an option fee (which reduces your monthly payment), or you can choose not to.

If you choose to pay an option fee, that payment will go toward the purchase of the home. You can buy the property at any time during the lease period. You can complete the term of your lease and decide not to purchase the home. The choice is entirely up to you!

When you sign on, you can pay an option fee. We will lower your monthly payment in proportion to the option fee amount you choose.

The second part of the program applies regardless of whether you choose to pay the option fee or not. You can exercise your option to buy at any time during the lease period.

For example, if you choose to pay $3,600, we will lower your monthly payment by $300. Plus, we’ll give you full credit for the amount of the fee you pay.

Here’s how it might look in action:

Monthly lease payment : $3,995

Option fee paid : $3,600

Payment reduction for fee : $300

Payment after option fee : $3,695

If you decide to purchase the home, you will automatically have credit for the $3,600 applied to your down payment and a 10% credit per lease payment made during the first year. This equates to $4,434 in closing cost credits in addition to the amount of the option fee you paid. It’s that simple!

Unit Type

BR

BA

Rent

Sq Ft

Available

8304 Progress Dr
6
3
3695
3537
Location
8304 Progress Dr, Amarillo, TX

View Larger Map
Address approximated

Rent
$3695

Bedrooms
Studio

Bathrooms
1 BA

Posted Date
04/02/2024

Listing ID
79585730Source

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