This property is Real Estate Owned, or REO.
The property was foreclosed and repossessed by a lender when the owner failed to make payments. A bank is now the owner. Since banks are not in business to own homes, they are usually interested in selling foreclosed homes quickly at attractive low prices. A list price is published but reasonable offers
This is a Rent to Own property.
You can rent this home for a set period of time, with an option to buy it for a predetermined price at the end of the rental period. It gives you time to build up your credit and accumulate a down payment, all while living in the home of your dreams.
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LARGE TWO FAMILY HOUSE WITH TWO CAR GARAGE LOCATED IN A CONVENIENT DANBURY CENTRAL LOCATION.
SEPARATE UTILITIES, LARGE ATTIC, FULL BASEMENT, HOUSE LOCATION IS NEAR I-84, SHOPPING, RESTAURANTS AND DANBURY CENTER.
