No Credit CheckRent-to-Own
Portland, TN
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3
Bedrooms
2
Bathrooms
1,111
Sq Ft
3
Acres
1985
Year Built
Single Wide
Property Type
About This Home
Tester
Location
Portland, TN 37148
General area shown โ exact address is shared privately when you message the seller.
Rent-to-Own Terms
Monthly Payment
$950
Option Price
$200,000
Down Payment Required
$10,000
Term Length
25 years
Rent Credit Monthly
None
Early Payoff
โ Available
Rent Escalation
No escalation
Balloon Payment
Required
Responsibilities
Exterior Repairs
Seller responsible
Interior Repairs
Seller responsible
Major Systems
โ Seller handles
Property Taxes
Seller pays
Insurance
Seller pays
Utilities
Resident pays
Property Condition
Needs TLC
Repair Credits
Not applicable
Qualification Requirements
Credit Checkโ No credit check required
Income Verificationโ Not required
Background Checkโ Not required
Minimum Income$2,000/month
Transparency & Documentation
Existing Mortgage
โ ๏ธ Yes โ ask seller
Memorandum of Option
Not specified
Title Insurance
โ Offered by seller
Attorney Prepared Docs
Standard documents
TN โ โ
RTO Friendly State
RTO agreements are subject to state and local laws. Always consult a licensed real estate attorney in TN before signing any agreement.
Find a TN Real Estate Attorney โ$950/month
2 views
Rent-to-Own
Option price: $200,000 ยท 25 year term
โ No Credit Checkโ Rent Creditโ Early Payoffโ Pets OK
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