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All homesRent to ownLease optionNew this weekUnder $2,000
4 homes · recently listed
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Asheville, NC
2 bd · 2 ba · 1,310 sqft
$2,300 / mo
$580 credited
East Hampton, NY
2 bd · 2 ba · 1,240 sqft
$5,800 / mo
$1,450 credited
Palm Springs, CA
3 bd · 2 ba · 1,720 sqft
$3,950 / mo
$980 credited
Camden, ME
3 bd · 1.5 ba · 1,480 sqft
$2,600 / mo
$650 credited
RONSTAKE
218 Cumberland Avenue
Asheville, NC 28801 · Rent to own ·
✓ Seller & title verified
2 bed · 2 bath · 1,310 sq ft
Monthly
$2,300
Credited
$580
Price
$379,500
Term
36 mo
$2,300 / mo
Credited toward purchase · $580/mo
Option fee$11,385
Locked price$379,500
Contact the seller
RONSTAKE
The full agreement
All eight material terms, as they appear in the contract.
1Purchase price — fixed at signing$379,500
2Option fee — credits in full$11,385
3Monthly rent credit — 25% of rent$580
4Option term — 60 days' notice to exercise36 months
5Maintenance — tenant pays under threshold$400
6Default & cure — before credits at risk15 days
7Assignment — with owner's consentPermitted
8Closing — title, escrow, financing contingency45 days
RONSTAKE
What your rent is buying
Monthly rent$2,300
Share credited25%
Option term3 years
Move-inYr 1Yr 2Yr 3
TOTAL TOWARD PURCHASE
$32,265
Balance to finance
$347,235
$347,235
RONSTAKE
Message the owner
Goes to R. Whitfield only. Not to a lender, an agent, or a list.
R. Whitfield · 218 Cumberland Avenue
YouI've read the full terms and they work for me. Could we look at splitting the option fee into two instalments? I'd also like to see the house this weekend.
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Messages
R. Whitfield · 218 Cumberland Avenue
YouCould we split the option fee into two instalments? I'd like to see the house this weekend.
R. Whitfield · ownerTwo instalments works — $7,000 at signing, $5,450 at 60 days. Saturday 11am for a viewing?
YouSaturday 11am is good. See you then.
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RONSTAKE
Agreement — draft for review
Residential Lease with Option to Purchase
218 Cumberland Avenue, Asheville, NC 28801 · Drafted by real estate counsel
Amended from listing
Option fee split · $7,000 + $5,450
All other terms unchanged
This is a lease option — a right to buy, not an obligation. Credits and the option fee are forfeited if you do not purchase. Have your own attorney review before signing.
RONSTAKE
Sign and pay
Ready to execute
Both parties sign, then funds move through escrow.
Option fee today · $7,000
First month's rent · $2,300
Second instalment at day 60 · $5,450
Daniela Reyes
Sign & pay
Funds are held by a licensed escrow agent. Iron Stake never touches your money.
RONSTAKE
You're in.
Keys collected 14 September · 218 Cumberland Avenue
Your locked price
$379,500
Option expires
Sep 2029
Accrued so far
$11,385
Taxes, insurance, and repairs under $400 are yours from today. Roof, HVAC, and structure stay with the owner.
RONSTAKE
Month 22 of 36
Accrued toward purchase
$25,210
Next payment
$2,300
Payments on time
22 / 22
Move-in61% through the option termSep 2029
Reminder set: your option expires in 14 months. We'll prompt you again at 90, 60, and 30 days. If you don't exercise, the $25,210 accrued and your option fee are forfeited.
RONSTAKE
Exercise your option
Notice to purchase — 218 Cumberland Avenue
Served on the owner today. Closing must complete within 45 days.
Purchase price · $379,500
Less credits · −$32,265
To finance · $347,235
Daniela Reyes
Serve notice
Closed. The deed is yours.
Recorded 2 November 2029 · Buncombe County
Day 1 · free, no account
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