Rent to Own Homes in Athens
Athens... Read More
Athens is also home to Athens State University, a two-year senior college, which provides the final two years of university education for graduates of community colleges. This public institution is the current incarnation of the school originally founded as the Athens Female College and affiliated with the Methodist Church. In 1932, the school became co-educational and changed its name to Athens College. In 1974, it became a public, two-year institution.The below results are primarily rent to own homes in Limestone County, AL:
Athens... Read More
Athens is also home to Athens State University, a two-year senior college, which provides the final two years of university education for graduates of community colleges. This public institution is the current incarnation of the school originally founded as the Athens Female College and affiliated with the Methodist Church. In 1932, the school became co-educational and changed its name to Athens College. In 1974, it became a public, two-year institution.The below results are primarily rent to own homes in Limestone County, AL:
The city's growth was driven by the expansion of the railroad and the development of the cotton industry in the region. As the cotton industry fell into decline, the aerospace industry has in many ways replaced its importance to Athens, as the city borders the NASA headquarters in Huntsville. Athens is also the home of the Browns Ferry Nuclear Power Plant.
Several highways, including Interstate 65 and U.S. Highways 31 and 72, run through Athens, and the Norfolk Southern Railway and CSX Transportation railways continue to come through Athens. Public schools in the city are operated by Athens City Schools and include four elementary schools, one middle school, one intermediate school and one high school.
Buying a Home in Athens?
Athens remains a place where a family can find an affordable home in a family-friendly neighborhood with room to play. The average listing price of a home in the city is $195,000. However, homes in the city vary widely in price. Comfortable, older ranch homes can be purchased for $130,000 or less in Athens, while newer, larger homes can range well above $200,000.
Popular Neighborhoods in Athens?
There are a range of popular and accessible neighborhoods in Athens that have easy access to parks and green space, close availability to major highways and close-knit communities. The Brookwood Forest or East Hampton area of the city is very safe, with spacious homes and plenty of room to play. The residential neighborhood is close to the city's center and Athens State University, so it's easy to access coffee shops, bookstores and other local amenities. On the eastern side of town, Oakdale Acres and French Mill offer well-designed subdivisions with spacious homes and family-friendly activities close at hand.
Buying vs. Rent to Own Homes?
In order to purchase your family home in Athens, you'll need an appropriate down payment and to secure a mortgage loan. To get the best rates on your home loan, good credit and a solid down payment are important. If you need more time to build up your resources for homeownership, a rent to own home can be an option for you. You'll decide on your home, agree on the price and move in now; however, you'll rent the home for an initial period while you prepare for the final purchase at the end of the lease. When you choose to rent to own, you can get started now with your homeownership dream.
Cost of Living in Athens?
Athens is an affordable place to live, with an average cost of living 11 percentage points below the national average. While housing costs are a major part of that savings, as average housing prices in Athens are only 65 percent of the national midpoint, savings can also be found in groceries, health care and utilities. Transportation and miscellaneous costs run just above the United States average.
With a small-town feel, spacious homes and room to grow, Athens can be a great home for families, individuals and couples. The easy access to major highways and the location of Athens State University mean that the city enjoys a wide range of shopping, dining and entertainment options. Communities in the Limestone County seat are well-designed and appropriate for families of all sizes.
Summary
With a small-town feel, spacious homes and room to grow, Athens can be a great home for families, individuals and couples. The easy access to major highways and the location of Athens State University mean that the city enjoys a wide range of shopping, dining and entertainment options. Communities in the Limestone County seat are well-designed and appropriate for families of all sizes.
Rent to Own Realtors
Rent to own is beneficial to both buyers and sellers, but that’s not common knowledge. A lot of people look to realtors as a credible source of information for their counterpart in a rent to own deal about the benefits of the program.
However, you likely won’t find a realtor who is interested in helping you. There’s not a lot of profit for realtors in rent to own deals.
Instead, you’ll have to become a credible expert on the process yourself. Honestly, that’s not a bad thing. It’s better that you know everything you need to about the process you’re investing so much time and money into.
About Our Listings
Listing properties for traditional sale eliminates a big chunk of the buyer market. People with bad credit are left out of the traditional home buying process. Nonetheless, buyers who don’t qualify for mortgages are still in the market for apartments and houses.
Rent to own by owner programs with no credit check are an easy way for a seller to start earning money from their townhouse or condo in a market that isn’t viable, which appeals to new groups of buyers.
Through rent to buy and lease to purchase, sellers rent a property to potential buyers for a set lease term. During which, the seller earns profit through the rent buyers pay as a tenants. At the end of the lease, the buyer has the option to buy the property, or if they signed a lease-purchase agreement, they must buy it.
With a little patience, sellers can make rent money and the true value of their home from its eventual sale. Which is better than selling the home cheap and competing with bank-owned foreclosed homes that sell for less than market value.
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