Rent to Own Homes in Anderson
The city was incorporated in 1828 under the name of Anderson Court House; it was named after Robert... Read More
The city was incorporated in 1828 under the name of Anderson Court House; it was named after Robert Anderson, who fought in the U.S. Revolutionary War. Later, Anderson became known as the "Electric City" when it became one of the first cities in the Southeast region of the U.S. to receive electricity in 1895 with the development of a hydroelectric plant.The below results are primarily rent to own homes in Anderson County, SC:
The city was incorporated in 1828 under the name of Anderson Court House; it was named after Robert... Read More
The city was incorporated in 1828 under the name of Anderson Court House; it was named after Robert Anderson, who fought in the U.S. Revolutionary War. Later, Anderson became known as the "Electric City" when it became one of the first cities in the Southeast region of the U.S. to receive electricity in 1895 with the development of a hydroelectric plant.The below results are primarily rent to own homes in Anderson County, SC:
Anderson is also home to Anderson University, a private four-year university affiliated with the South Carolina Baptist Convention. Dating back to the Johnson Female Seminary, the first college formed in the town, it was re-established in 1911 as Anderson College. In 2006, it became a co-ed university.
The city is home to an array of historic districts and historic homes and sites. The Anderson Sports and Entertainment Center, with one of the state's largest amphitheatres, also features a massive play area and a wide array of athletic courts as well as a park, nature trails and a lake.
Buying a Home in Anderson?
Anderson has a strong manufacturing economy, with over 230 employers engaged in industrial production. With a strong economy and excellent recreational opportunities, Anderson can make an excellent choice for a family home. The median value of homes in the city is $118,500, while the median listing price of homes in the city is $164,700. Home prices vary widely in Anderson, and you can purchase a home for under $60,000 or over $300,000, depending on amenities, size and location.
Popular Neighborhoods in Anderson?
Anderson offers eleven elementary schools, five middle schools and two high schools as part of the public system, where it is Anderson District Five of the Anderson County School System. The T.L. Hanna High School is particularly well-regarded and its feeder areas are popular with families of school-age children. Brookstone Meadows is a subdivision with activities, including a golf course and a tennis center, in the north of the city. The north side of the city also offers close access to Lake Hartwell, with the Northlake area of the city particularly convenient to both the lake and to highway transit for commuting.
Buying vs. Rent to Own Homes?
You may be certain that you want to make the leap and become a homeowner in Anderson. However, you may also need some more time to save up a properly sized down payment or maximize your credit for mortgage eligibility. If this applies to you, rent to own homes may be a great choice. You'll choose your home, negotiate the purchase price, commit to buy and move in - but you'll rent for the first few years while preparing your down payment or mortgage. During that time, a portion of your rent will go to offset the purchase price of the home for your final purchase.
Cost of Living in Anderson?
The cost of living in Anderson is well below the United States national average, at 13 percentage points under the national figure across the board. Housing costs drive the lower cost of living in particular, as they are only 69 percent of the national average. However, in most other cost areas, including health care, goods and services, transportation and utilities, you'll also find savings in Anderson. Groceries in Anderson sit right around the national average cost.
Anderson offers easy commutes, a strong industrial economy and some great schools. The city's recreational opportunities are particularly excellent, while it also offers easy access to a wide range of shopping, services and dining needs and is home to a large hospital. A strong small-town community feel can be enjoyed in many neighborhoods, along with spacious lawns and room to play. With a wide range of neighborhoods suitable for individuals, couples and families, it is an excellent location to make a family home.
Summary
Anderson offers easy commutes, a strong industrial economy and some great schools. The city's recreational opportunities are particularly excellent, while it also offers easy access to a wide range of shopping, services and dining needs and is home to a large hospital. A strong small-town community feel can be enjoyed in many neighborhoods, along with spacious lawns and room to play. With a wide range of neighborhoods suitable for individuals, couples and families, it is an excellent location to make a family home.
Rent to Own Realtors
Using a realtor for your rent to own deal can offer great benefits. Agents are well versed in real estate so they can effectively communicate opportunities and discern which of those opportunities is a legitimately good deal.
Nonetheless, not a lot of realtors will want to help with your rent to own deal because upfront profit for a realtor is minimal and the big payout down the line is not a guarantee.
That means you’ll have to do a little research to ensure that you make the best decisions, but you will save money on commission.
About Our Listings
When you rent to buy a condo or a townhouse, you’re taking the first step toward becoming a homeowner. You can take advantage of many rent to own by owner programs with no credit check. Having bad credit shouldn’t stop you from owning one of your favorite apartments or houses.
While you lease-option or lease-purchase, you’ll work on improving your credit score and saving up a down payment so that you can qualify with the bank for the house you’re interested in. The bank is frugal with mortgage approvals because they often end up selling foreclosed homes for cheap prices because people cannot afford their mortgage payments.
When you lease to purchase, you’re making yourself into a better candidate for purchasing properties. Check out Rent to Own Lab’s free listings to find properties near me that meet your family’s needs.
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