Rent to Own Homes in Bluefield
Bluefield, Virginia is a small town located along the border of Virginia and West Virginia. Given the nickname, Virginia's Tallest TownThe below results are primarily rent to own homes in :
Bluefield, Virginia is a small town located along the border of Virginia and West Virginia. Given the nickname, Virginia's Tallest TownThe below results are primarily rent to own homes in :
Bluefield is surrounded by scenic mountain landscape. This Tazewell County community is within the Bluefield WV-VA Micropolitan Area and has a population of roughly 5,000 residents. Students in Bluefield thrive with top-notch educational opportunities. Children living in Bluefield are served by Tazewell County Public Schools. This well-rated school district consists of seven elementary schools, three middle schools, three high schools and a technical program. Bluefield College offers a quality higher-education experience to residents, bringing culture and enrichment to the community. Baseball fans can spend their summers watching the Bluefield Blue Jays minor league baseball team at Bowen Field. An afternoon at Bowen Field cheering for this Toronto Blue Jays affiliate provides residents a dose of family-friendly entertainment. The Bluefield Parks and Recreation Department ensures that residents have plenty of opportunities to take advantage of their breathtaking surroundings. The department maintains several parks, athletic fields and a public pool. In addition, the department offers weekly family-friendly outdoor movies in the summer, a popular farmer's market and an extensive list of programs for residents of all ages.
Buying vs. Rent to Own Homes
Rent to own is a great option for people who want to buy a house, but are still working on getting the financing for it. People who are anywhere between a few months and three years away from qualifying for financing should consider rent to own.
Unlike renting, you don’t have to keep making rent payments for the full lease term. Once you’re able to close, you have the right to do that.
Rent to own is very similar to buying, in that buying is the end result of a successful rent to own deal.
The primary difference between the two is that rent to own takes longer than buying, which is the advantage of rent to own. It gives buyers time to get their finances in order to buy a home while not getting trapped into a lease term.
Rent to Own Realtors
An agent serves as a protection for both the buyer and the seller. They can save the buyer and seller a lot of time and money, which could offset the realtor’s commission.
However, not many realtors are interested in helping with lease-options. They make a minimal profit off of the lease portion of the deal, and the profit from the purchase is several years down the line and isn’t guaranteed.
Instead, protect yourself by communicating with lawyers, title agents and mortgage lenders to ensure that your rent to own deal works smoothly.
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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