Rent to Own Homes in Bakersfield
From everyday buildings like the Bakersfield Police Department and Bakersfield College to fun venues like Rabobank Arena and Fox Theater, there’s always something to do when you live in this city. Lake Ming and Beach Park provide safe public space for outdoor recreation, and Sam Lyn Ballpark offers entertainment during the baseball season. For performing arts and live music shows, residents can visit Buck Owens Crystal Palace and Rabobank Theater.
Whether you live in East Bakersfield or another area that fits your lifestyle, the year-round sunshine awaits you.
Buying a Home in Bakersfield?
Bakersfield is a diverse city with neighborhoods that fit every personality and lifestyle. Take the time to think about the things you like to do for fun, where you will work and what special amenities you may need. For instance, a growing family may consider the quality of local schools while a single businessman would more likely focus on nearby entertainment venues and proximity to his place of employment.
It’s important to work closely with a real estate agent familiar with the character of all neighborhoods because it is sometimes challenging to find a home within your budget in an area that fits your lifestyle needs. An agent can also ensure that you get to see new homes hitting the market quickly.
Popular Neighborhoods in Bakersfield?
If you enjoy living in planned communities with new homes, the Seven Oaks neighborhood may fit your needs. The community is made up of multiple small neighborhoods all centered on a shared country club. Other perks of living here include a swimming pool, golf course and tennis courts. A restaurant is also within walking distance. You can expect home values in the $300,000 range. To get the same amenities plus beautiful mountain views outside your window and more acreage with your home, the City in the Hills neighborhood is another option.
If you need a much lower price range, find the College Heights neighborhood. It’s close to Bakersfield College and is full of older homes with a median value of less than $100,000. Belsera is an interesting neighborhood with an eclectic mix of home styles and prices, so you may find what you need there regardless of your budget.
Buying vs. Rent to Own Homes?
There’s an undeniable satisfaction that comes from buying your own home. You hold the key to the front door in your hand, and your heart swells with pride. While moving your furniture in is never pleasant, there’s still a sense of gratification in doing that work. If you want to enjoy that experience but know that you’re not quite ready to make such a substantial purchase, you should consider a rent-to-own home contract.
This is a special agreement that allows you to rent your home for a specified period of time. You are then presented the option to purchase the home, often utilizing funds that were saved up from your monthly rental payments. You get to settle into your new home right away, but you aren’t forced to take out a loan and officially make it yours from the start. If you need some extra time before buying, this is something to strongly consider.
Cost of Living in Bakersfield?
While the cost of living in Bakersfield is slightly above the national average, it is still quite affordable compared to many other California cities. You won’t find Orange County prices here, but there are some affluent neighborhoods with impressively sized homes. You can find properties that fit within any budget here, and the cost of goods and services won’t break your piggy bank.
If you want to move to California but can’t afford Orange County or the pricey beach towns, Bakersfield just may make your dreams come true. You’ll find neighborhoods with homes suitable for every lifestyle and budget here as well as a long list of entertainment venues, restaurants, museums and public parks. Whether you’re raising a family or enjoying the single life, this is a safe place to enjoy your life in sunny Cali.
Summary
If you want to move to California but can’t afford Orange County or the pricey beach towns, Bakersfield just may make your dreams come true. You’ll find neighborhoods with homes suitable for every lifestyle and budget here as well as a long list of entertainment venues, restaurants, museums and public parks. Whether you’re raising a family or enjoying the single life, this is a safe place to enjoy your life in sunny Cali.
Rent to Own Realtors
Working with a realtor doesn’t guarantee that you will successfully complete a rent to own deal, but their knowledge and expertise can make a big difference in your success rate.
Unfortunately, not many realtors will want to work with you on a rent to own deal. There isn’t a lot of profit for a realtor in rent to own deals.
So, you’ll need to find others with the knowledge and expertise you are looking for to ensure a successful lease-option experience. Consider consulting with a realtor, a title company and a mortgage officer instead. These professionals are better than a realtor because they are experts in their respective fields, as opposed to realtors who know a good deal about each of those rent to own factors.
About Our Listings
Rent to Own Labs offers free listings for rent to own by owner, foreclosed homes and owner financed properties. Start looking for apartments or houses near me with the Rent to Own Labs search function.
These programs are a great way to buy a condo or townhouse if you have bad credit. In fact, lease purchase and rent to buy programs usually offer cheap homes with no credit check. Just make sure you look at your lease to purchase agreement to understand whether you have the option or obligation to buy the home you’re looking at. Lease-purchase agreements require the buyer to purchase by the end of the lease term, while lease-option agreements give the buyer the option to buy.
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