Signal Home Solutions

Rental Open House Tonight
Friday 3/22
5pm -7pm

105 S Hedges
Sugar Creek MO

105 S Hedges St, Sugar Creek, MO 64054 | Zillow This 484 square feet Single Family home has 1 bedroom and 1 bathroom. It is located at 105 S Hedges St, Sugar Creek, MO.

Another resident turned home owner through Joe Blackshere, Real Estate
With Joe Blackshere

This is going to be a fun story to tell.
In 2019 I agreed to sell a house KMart layaway style for $30,000 with a lease option to purchase.

Resident tenant put down $3000 for the option locking in the price (a value even at that time). For the agreed 2 year timeframe, any payments made would be multiplied by 1.5 with matching bonus funds.

Well this month she paid the house off!

While I’m sad to see the monthly rent go away, I’m happy for her and her family to be home owners with no mortgage.

Here’s the numbers
Purchase Price $30k
Out of Pocket $25,500
Gift from owner $4,500
Value $75k+
Interest Paid $0

It don’t get more creative than that!