MS 612 N Wright Rd 39560

MS+612+N+Wright+Rd+++39560

Home Ownership Application

Description:

RENT-TO-OWN / LEASE-OPTION – CLEAR PATH TO OWNERSHIP 612 N Wright Ave., Long Beach, Mississippi 39560 3Br-2Ba - approx. 1476 sq ft - central air/heat-gas hardwood floors, jetted tub, gas stove, lite rehab, needs finishing touches to make it yours. To view some pictures: https://www.facebook.com/profile.php?id=100063470483741 Purchase Price: $199,999 Bad credit OK Income matters more than credit Owner financing available after lease period Serious buyers only – please read entire post ______________________________________

HOW THIS PROGRAM WORKS This home is offered through our Path to Homeownership Program, using a Lease-Option with Work-for-Equity and a guaranteed financing path once requirements are met. ______________________________________

MONEY REQUIRED TO START $21,500 Option Fee • Goes directly toward your down payment • Non-refundable, applied to purchase Work-for-Equity Credits (up to $10,000.00) • Buyer completes approved repairs • Credits are subtracted from the purchase price • Work must be verified before credits apply ______________________________________

AFTER REPAIRS ARE COMPLETE • Buyer pays for an inspection • Home must meet FHA-style standards • Once complete, we move forward to long-term ownership ______________________________________

LONG-TERM FINANCING (AFTER LEASE PERIOD) • Agreement for Deed (Owner Financing) • 10.99% interest • 3 points (FINANCED into the loan – no cash needed) • Mortgage MUST be handled by a professional loan servicer • Credit is NOT a deal-killer if income is verified ______________________________________

REQUIRED STEPS – NO EXCEPTIONS STEP 1 – APPLY HouseHubClub.com/buy-a-home/

Complete the online Buyer Questionnaire STEP 2 – JOIN THE PROGRAM Join our Path to Homeownership Program • $50 per year (while living in the home) • Includes the book “Never Pay Rent Again” (mailed to you) • Access to our Path to Homeownership Webinar (twice monthly) This membership is required so we can legally help buyers who do not qualify through traditional banks. ______________________________________

IMPORTANT FEDERAL LAW NOTICE (PLEASE READ) To comply with the Dodd-Frank Act and federal lending laws, ALL buyers must be income-verified. After completing the questionnaire and joining the program, you will receive a call from Todd Buckman, a third-party professional, to review your financial documentation. YOU MUST BE ABLE TO PROVIDE THE FOLLOWING (PDF FORMAT ONLY): Driver’s License (Front & Back) 30 days of pay stubs 60 days of bank statements (ALL pages, even blank ones) 2 years of W-2s 2 years of tax returns (ALL pages, printed to PDF) If you cannot provide these documents, this program is not a fit. There are NO surprises — we disclose this upfront. ______________________________________

CREDIT RESTORATION • Buyers may be required to join MWR (Make Wealth Real) • Requirement depends on current credit profile • Goal is to position you for traditional or owner financing ______________________________________

PROPERTY DETAILS • Single-family residence • Approx. ½ acre lot • Established Long Beach neighborhood • X Flood Zone • Insurance approx. $6,400/year • Taxes approx. $2,500/year Additional disclosures provided prior to agreement. ______________________________________

PLEASE NOTE • This is NOT a standard rental • This is NOT a bank mortgage • This is NOT a free house • This is a structured path to ownership for buyers with income and commitment ______________________________________

NEXT STEP HouseHubClub.com/buy-a-home/

Fill out the questionnaire to see if you qualify.