This home is a great investment for a rental or a starter home. Laminate flooring throughout, natural paint and newer fixtures in each room. Contact your favorite realtor to schedule a tour today!!! This is an equitable interest listing where seller is selling only an option contract or assigning an interest in a contract, such as a purchase and sale agreement or a contract for deed. In this situation, the seller does not have legal title to the property, but the equitable interest gives seller the right to acquire legal title.