Rent to Own Homes in Bradenton
Located... Read More
Located within Manatee County, Bradenton is home to the South Florida Museum, the Manatee Village Historical Park, the Florida Railroad Museum and Lake Manatee State Park. The city hosts a variety of public events throughout the year, including the popular Bradenton Blues Festival. This is also a baseball town, and many locals enjoy cheering on the Bradenton Marauders and the Pittsburgh Pirates.The below results are primarily rent to own homes in Manatee County, FL:
Located... Read More
Located within Manatee County, Bradenton is home to the South Florida Museum, the Manatee Village Historical Park, the Florida Railroad Museum and Lake Manatee State Park. The city hosts a variety of public events throughout the year, including the popular Bradenton Blues Festival. This is also a baseball town, and many locals enjoy cheering on the Bradenton Marauders and the Pittsburgh Pirates.The below results are primarily rent to own homes in Manatee County, FL:
Bradenton's economy is largely supported through manufacturing and tourism. Some well-known companies have chosen this city as home for their production facilities, including Tropicana. Jobs related to business and other industries are also available downtown through the Bradenton Financial Center and other large professional complexes. While West Bradenton is home to many well-established residential areas, the eastern side of the city now features growing residential areas with newer homes.
Buying a Home in Bradenton?
Homes for sale in Bradenton typically range from around $100,000 to more than $400,000. While the median sales price is often around $200,000, larger homes with three or more bedrooms will typically cost significantly more. This is especially true if you look for homes in some of the more prestigious neighborhoods. It's common for buyers to pay more than $100 per square foot in most areas of the city, and more than 70 percent of residents own their homes.
Popular Neighborhoods in Bradenton?
If you want to live close to the water as well as some of Bradenton's best public schools, consider the neighborhood filling the western tip of the city. This area runs west of 76th Street NW and extends to a small portion of the city that is connected to the mainland only by Manatee Avenue. Real estate prices typically run beyond $400,000 in this area, and you'll find some new constructions mixed in with older homes in an established community by the water.
Most of the popular communities in Bradenton are located on the eastern end of town. This part of the city has experienced rapid growth and is home to a variety of subdivisions with home prices ranging from $100,000 to more than $1 million. Some of the city's best schools are in this area of town as well.
Buying vs. Rent to Own Homes?
If you need some time to prepare for the home-buying process, consider rent-to-own homes in Bradenton. You'll start your contract as a renter, and you'll have the right to purchase the property at an agreed-upon price in the future. In most cases, you'll have at least one year to secure financing and purchase the property. In the meantime, you can improve your credit and increase your chances of securing the lowest available interest rate.
Cost of Living in Bradenton?
The cost of living in Bradenton is usually close to the national average. It can dip or rise 10 percent or more in either direction of that average, but it's usually a close match. Changes in the overall cost of living are typically connected to dips and rises in the housing market. While the cost of housing in the city once dropped more than 30 percent below average, it recovered and is now known to spike 10 percent or more above average at times. Since most goods and services are sold at average prices, it's still possible to live comfortably if you select your home wisely.
Bradenton is one of the most popular tourist destinations in Florida, but it's also home to more than 50,000 residents. The city is supported through the manufacturing industry as well as tourism, and it's a short drive from the beaches of Santa Maria Island. The coastal location is one of the biggest attractions for residents, especially those interested in settling into a luxury home with stunning views of the water.
Summary
Bradenton is one of the most popular tourist destinations in Florida, but it's also home to more than 50,000 residents. The city is supported through the manufacturing industry as well as tourism, and it's a short drive from the beaches of Santa Maria Island. The coastal location is one of the biggest attractions for residents, especially those interested in settling into a luxury home with stunning views of the water.
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
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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