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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
โœ“ Available
Rent Escalation
No escalation
Balloon Payment
Required

Responsibilities

Exterior Repairs
Seller responsible
Interior Repairs
Seller responsible
Major Systems
โœ“ Seller handles
Property Taxes
Seller pays
Insurance
Seller pays
Utilities
Resident pays
Property Condition
Needs TLC
Repair Credits
Not applicable

Qualification Requirements

Credit Checkโœ“ No credit check required
Income Verificationโœ“ Not required
Background Checkโœ“ Not required
Minimum Income$2,000/month

Transparency & Documentation

Existing Mortgage
โš ๏ธ Yes โ€” ask seller
Memorandum of Option
Not specified
Title Insurance
โœ“ Offered by seller
Attorney Prepared Docs
Standard documents
TN โ€” โœ… 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†’

Similar Homes in TN

Portland, TN
$700/mo
$89,000 ยท 30yr
$950/month
2 views
Rent-to-Own
Option price: $200,000 ยท 25 year term
โœ“ No Credit Checkโœ“ Rent Creditโœ“ Early Payoffโœ“ Pets OK
Analyze This Deal

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Ownsley is a listing marketplace only. Always consult a licensed attorney before signing any RTO agreement. Learn more โ†’