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Mike Cummings

Currently Available Rent to Own & Rental Homes


 

Low availability of area monthly rentals...... I am certainly biased, but this is just another reason why it makes sense for most people (if they are able) to OWN a home in Northern Michigan - we are here to help you do either.

 

We will post ANY rental or rent to own homes on this page free of charge - just email Mike the details. We also can provide full Rental Management or Tenant Screening for private individuals or investors - ask us for details. Even if you just need a little advice regarding rental properties or Rent to Own contracts, please feel free to contact us anytime.

 

  Rent and Rent to Own Homes   - Listings may be subject to change  

  Email Mike for a rental application or further info regarding any of these:   

 

 

 

Kalkaska

 

$620 per month. Includes garbage pick-up. Duplex - lower level. About 9 miles east of Kalkaska. Ready near beginning of May. 3 Bd/1 full bath with laundry hook-ups. Includes large, non-heated room for storage. Tenant pays for natural gas and electric. Has private water/septic. Remodeled and upstairs unit will remain vacant. No pets/no smoking. Long term rental or transitional housing contract possible. Ask for details.

 

Honor  - Short term Rent-to-own contract only

$710 monthly, $3,800 needed to move-in. 2 Story, 1520 sq ft 3 Bd/2 Bath Victorian (1 Bd/1 Bath on main floor, 2 Bd/1 Bath upstairs) on 1 wooded acre within the small Village of Honor located in central Benzie County. This home is about 30 minutes SW of Traverse City and is available now. Owner/Broker is accepting applications. This is a quality home for quality tenants with references. No smoking allowed inside of home and one Dog will be considered. Monthly payment includes water/sewer and all appliances (nice W/D too). Tenant pays electric and natural gas (new high efficiency furnace and water heater). No garage or basement, but has a storage shed and plenty of parking. Email for details, further pics and an application.

 

Elk Rapids School District

Reduced to $890 per month. Single family 1360 sq ft (not including basement which could be used as a rec room) 3 Bedroom/1.5 bath is very roomy and nice. Large open Kitchen-Family Room-Dining Room. Available as a lease (to top notch renters) or as a Rent-to-Own. Ask for an application.

 

Mancelona

$640 per month. Single family 900 sq ft 3 Bedroom has remodeled interior and is in town. Nice Kitchen! House currently for sale, available with a 6-12 month lease or as a Rent-to-Own. Pets possible. Ask for an application or email Jake@TCarea.com 

 

Coming soon

Mancelona 4 Bd/2 Bath home at around $700 per month.

Fife Lake area 2,300 sq ft 4 Bd/3 Bath at around $875 per month (June timeframe).

 

There are other resources in the area as well. TAAR.com has just started allowing rental listings within our MLS. We can act as your agent regarding finding a rental - this costs you nothing - just ask for an application.

 

Updated  4/17/2013


Rent to Own/Lease Option Programs


"Rent to Own" or "Lease with Option to Buy" real estate contracts may be a creative and beneficial arrangement for both buyers and sellers given the right circumstances. There are very few situations like this in the region, however if a buyer meets certain criteria, often times a seller may be able to accept this type of contract.

If you are a person or family looking for a home and wanting to explore this option,  please let me know. I may be able to help you get on the right track to (or back to) home ownership.

I have developed a Rent to Own program for those who wish to create a better living situation for themselves. 

 

These are the requirements and key ingredients to ensure success:

1)   Motivation, determination and patience on the part of the potential homeowner.

2)   Credit worthiness or the solid commitment to work on repairing credit.

3)   Financial ability (Income or future potential income) to afford the home and possibly work on repairing credit.

4)   Finding a property that can either be financed or repaired to become financeable (Note: bank repos will not qualify).

5)   Having a seller willing to participate in a "Rent to Own" or "Lease with Option" contract.

6)   Willingness of the buyer to work with financial and Real Estate professionals.

 

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