$594,000

3 Beds   6 Baths   3,187 Sq. Ft.   Single-Family
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Linda Dr
Biloxi, MS 39531

Overview

This Single-Family Rent to Own is located at Linda Dr, Biloxi, MS 39531. It has 3 Beds, 6 Baths , 3,187 sqft of living space. This property is Rent to Own.
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Status: Inactive
Listing ID: 58075061

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Property Information

  • Price: $594,000
  • Bedrooms: 3
  • Bathrooms: 6
  • Full Baths: 4
  • Half Baths: 2
  • Living Area Size: 3,187
  • Total Square Feet: 3,209
  • Lot Size: 0.35 acres
  • Style: New Traditional
  • Fireplace: Yes
  • Heating Type: Fireplace
  • Air Conditioning: Ceiling Fan(s)
  • Waterfront: Yes
  • Year Built: 1995
  • Source ID: 4011107
  • Day(s) On Site: 58
  • Subdivision: Whispering Oaks
  • School District: Biloxi Public Dist
  • Elementary School: Popps Ferry
  • Junior High School: Biloxi Jr High
  • Senior High School: Biloxi
  • Property Type: Single Family Dwelling

Potential Home Value

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Current Value
$594,000
Potential Value
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Public Records

  • Year Built: 1995
  • APN: 1109P-02-001.002
  • Property Type: Single Family Residence
  • Living Sqft: 3,187
  • Subdivision: WHISPERING OAKS 2ND
  •  

Rent to Own

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.

First Steps to Buying a Rent To Own Home

This type of real estate deal entails an agreement to rent a property with the option to purchase it at a predetermined date and price. Under some structures a portion of the rent paid during the lease period can be applied to the purchase price. Also, during the lease period, the purchaser/lessee can use that time to save for a larger down payment or fix personal credit issues. As a third incentive, the purchaser/lessee can move into the property, get to know it thoroughly, get to know the neighborhood, and either complete the purchase or walk away from it, if the property turns out to not be suitable for him. For the seller, the rent to own option adds value to the sale of the property and broadens the market for potential buyers.

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foreclosure.com

Linda Dr
Biloxi, MS 39531

3 Beds   6 Baths   3,187 sq. ft.   Single-Family

$594,000

Status: Inactive Listing ID: 58075061

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Linda-Dr-Biloxi-MS-39531/58075061_lid

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