Rent to Own Homes in Beech Island
Beech Island is an unincorporated community located along the western edge of the state of South Carolina in Aiken County. The town is named for a nearby island, Beech Island, which is technically a part of Georgia. The area was originally a large agricultural community throughout the early to mid twentieth century. However, after the 1950s, the establishment of the Urquhart Station Power Station and the nearby Savannah River Nuclear Project put and end to its agricultural way of life. The construction of highways around these sites and the work that came with them briefly boosted the area's economic prosperity.The below results are primarily rent to own homes in :
Beech Island is an unincorporated community located along the western edge of the state of South Carolina in Aiken County. The town is named for a nearby island, Beech Island, which is technically a part of Georgia. The area was originally a large agricultural community throughout the early to mid twentieth century. However, after the 1950s, the establishment of the Urquhart Station Power Station and the nearby Savannah River Nuclear Project put and end to its agricultural way of life. The construction of highways around these sites and the work that came with them briefly boosted the area's economic prosperity.The below results are primarily rent to own homes in :
Today, Beech Island is home to a number of sites that are listed on the National Register of Historic Places, including: The Cedars, Fort Moore Savano Town Site, Redcliffe Plantation State Historic Site, Oakland Plantation, and Zubly Cemetery. Most famously, Beech Island was known as the home of James Brown, the famous American singer, songwriter, dancer, and musician who is known in some circles as the Godfather of Soul." Brown passed away in December of 2006 and his remains are interred in the Thomas Family Home Crypt located on Beech Island."
Buying vs. Rent to Own Homes
If you’re looking to purchase a home, you could fall into three categories: ready to buy, ready to rent to own and rent a bit longer. Buying is your best option, so if you’re ready, you should. Rent to own is also a good option because it sets you on course to buy a property soon.
If you’ll be ready to buy a property within the next three years, rent to own is the right option for you. Your lease term should be at least six months longer than how much time you need to qualify for financing; that way, you have some buffer room in case something goes wrong. Whenever you are ready, you can close on the home and start building equity on it.
If it’s going to take more than three years for you to qualify for financing, keep renting until you’re less than three years away. Just because rent to own isn’t right for you now doesn’t mean it won’t be in the future.
Rent to Own Realtors
Realtors are highly skilled at informing potential buyers and prospective sellers about rent to own. A realtor can help find the second half of the deal you have been searching for.
Unfortunately, not many realtors are interested in rent to own because there isn’t a lot of money for them in the process. In the past, that would constitute a serious roadblock to rent to own; however, there are plenty of websites available for buyers and sellers to find each other.
Completing your rent to own deal without a realtor could save the seller a lot of money on commission. That gives the seller some wiggle room on the sale price, which attracts even more buyers.
About Our Listings
It’s in the bank’s best interest to avoid foreclosed homes because they end up having to sell them cheap to recoup lost money. So, they try to play it safe with mortgage approvals by steering clear of people with bad credit.
That doesn’t help someone who’s working on getting their credit together to buy a condo or a townhouse. Nonetheless, rent to buy programs can help people work toward purchasing houses and apartments with no credit check.
The free listings on our site are usually rent to own by owner, so deals are more reasonable and trustworthy than big company lease to purchase properties are. Whenever you’re ready just look for lease-option or lease-purchase homes near me on the Rent to Own Labs website.
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