Rent to Own Homes in Brown Deer
Brown Deer lies in southeastern Wisconsin, approximately 13 miles north of Milwaukee. This family-friendly village, located within the Milwaukee metropolitan area, has received accolades as one of the best places to live in Wisconsin by Movoto Real Estate. CNN has rated Brown Deer as one of the best and most affordable communities to live in the nation. According to the United States Census Bureau, the population of Brown Deer is nearly 12,000 residents.
The below results are primarily rent to own homes in Milwaukee:
Brown Deer, Wisconsin is well-known as a desirable place to live in the suburbs of Milwaukee. The housing market in this quaint village is alive as of 2018, with recent years showing an increase in home sales and home prices, and a decrease in the number of days that real estate spends on the market. Despite these trends, housing costs remain below the national average. The overall cost of living in Brown Deer hovers near the national average. With an affordable cost of living, family-friendly features and proximity to Milwaukee, it is easy to understand why people consider relocating to Brown Deer.
Brown Deer lies in southeastern Wisconsin, approximately 13 miles north of Milwaukee. This family-friendly village, located within the Milwaukee metropolitan area, has received accolades as one of the best places to live in Wisconsin by Movoto Real Estate. CNN has rated Brown Deer as one of the best and most affordable communities to live in the nation. According to the United States Census Bureau, the population of Brown Deer is nearly 12,000 residents.
Children living in Brown Deer are served by the School District of Brown Deer. The district is small, educating 1,600 students in pre-kindergarten through twelfth grade. In 2007, Algonquin Elementary School closed, zoning those students to Dean Elementary School. During that year, Brown Deer Middle School and Brown Deer High School were also merged. After Dean Elementary School closed in 2013, the district took on the efficient model that it maintains today, operating two schools that share a campus: Brown Deer Elementary School and Brown Deer Middle/High School. Brown Deer is surrounded by sprawling park facilities, allowing residents to enjoy the four distinct seasons of Wisconsin. Fairy Chasm Park offers soccer and baseball fields for community recreation, while Village Park provides an informal place for outdoor picnics and reunions.
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
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
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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Reported Annual Crime In Brown Deer
| Statistic | Brown Deer | Wisconsin | National |
|---|---|---|---|
| Murder | 1 | 240 | 15,696 |
| Rape | 5 | 1,780 | 124,047 |
| Robbery | 20 | 1,224 | 327,374 |
| Assault | 22 | 5,232 | 764,449 |
| Violent Crime | 48 | 17,647 | 1,197,704 |
| Burglary | 41 | 113,924 | 1,579,527 |
| Theft | 457 | 19,554 | 5,706,346 |
| Vehicle Theft | 57 | 83,385 | 707,758 |
| Property Crime | 555 | 10,395 | 7,993,631 |