Rent to Own Homes in Brigham City
Brigham City is located along the northwestern border of Utah in... Read More
Brigham City is located along the northwestern border of Utah in Box Elder County and is the county seat. The Brigham City area was first explored and plotted by William Davis between 1850 and 1851. Afterward, Mormon church leader Brigham Young and other church members began to settle in the area and build a city which was later named for Young. In that same year, the Brigham City cemetery was established. Industry began to trickle into the area shortly thereafter and by the late nineteenth century, the Brigham City Co-op became known as the most successful Mormon Co-op to have existed. In 1870, the Brigham City Manufacturing and Mercantile Association opened its doors for the first time.
The below results are primarily rent to own homes in Box Elder County:
Brigham City, Utah, in Box Elder County is a smaller city with a population of just over 18 thousand people. The city was founded by Mormon settlers and continues to stand as one of the many centers of the religion in the greater Utah area. It is also home to a number of successful public schools and post secondary institutions.
Brigham City is located along the northwestern border of Utah in Box Elder County and is the county seat. The Brigham City area was first explored and plotted by William Davis between 1850 and 1851. Afterward, Mormon church leader Brigham Young and other church members began to settle in the area and build a city which was later named for Young. In that same year, the Brigham City cemetery was established. Industry began to trickle into the area shortly thereafter and by the late nineteenth century, the Brigham City Co-op became known as the most successful Mormon Co-op to have existed. In 1870, the Brigham City Manufacturing and Mercantile Association opened its doors for the first time.
Public education in the city is run by the Box Elder School District and includes two high schools, one middle school, one intermediate school, and four elementary schools. The area is also home to Utah State University Brigham City and Bridgerland Applied Technology College for post secondary education. The Brigham City branch of Utah State University offers students six Associate, twenty one Bachelor, and sixteen Master degree options. It also offers a Doctoral of Education degree in addition to its many licensure and certificate programs.
Buying vs. Rent to Own Homes
The difference between buying a home and signing up for a lease-option depends on your timeframe and how much money you spend on buying the house.
When you buy a house outright, you pay for the fair market value of the home plus interest and other fees charged by your financial lender, if you have one. You buy the property today and immediately start building equity in it.
However, when you rent to own, you won’t own the home until you close on the property, which could be as far as three years from today. You’ll also pay rent monthly, and you don’t get that money back.
There are some fees that you pay for rent to own that you’ll get back as a credit towards the price of your home, like option fees and rent credits. These count as equity on the home, but they’re not on the scale of equity you would build with a mortgage. Therefore, these don’t add anything on to the price you pay for the home the way that rent does.
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
When you’re looking for your first townhouse or condo, you learn pretty quickly that it’s difficult to secure financing for houses when you have bad credit. However, you can find properties, like apartments, in our free listings that might meet your needs.
Our database includes free listings for cheap properties available for lease-purchase, rent to own by owner, foreclosed homes and owner financing. Many of these programs will work with you with no credit check.
The convenient part of rent to buy and lease to purchase agreements is that they give buyers time to prepare to purchase a home by saving up a down payment and improving their credit score. Owner financing often has less stringent requirements than conventional financing. Search for properties near me to find the program that’s most convenient.
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Reported Annual Crime In Brigham City
| Statistic | Brigham City | Utah | National |
|---|---|---|---|
| Murder | 0 | 54 | 15,696 |
| Rape | 11 | 1,645 | 124,047 |
| Robbery | 5 | 1,098 | 327,374 |
| Assault | 22 | 1,326 | 764,449 |
| Violent Crime | 38 | 7,071 | 1,197,704 |
| Burglary | 121 | 89,278 | 1,579,527 |
| Theft | 325 | 12,468 | 5,706,346 |
| Vehicle Theft | 26 | 68,103 | 707,758 |
| Property Crime | 472 | 4,046 | 7,993,631 |