Rent to Own Homes in Bryant

Buying a Home in Bryant

Homes in Bryant are a pleasant mix of mature homes and more modern houses in well-landscaped neighborhoods. Half of Bryant homes sell for less than $167,000, although the median price fluctuated slightly between $158,000 to $186,000 during the past two years. Bryant’s price of homes per square footage shows just how economical local homes are. Currently, Bryant homes have a median price of $69 per square foot. Compare that to the national median price of $139 per square foot, and you’ll find that Bryant offers tremendous home value.

Buying vs. Rent to Own Homes

For homebuyers who want to jump into Bryant’s excellent homeownership opportunities but don’t quite have a down payment ready, renting to own your home might be a good choice. Renting to own is a more relaxed process compared to buying a home outright. With your monthly rent, you pay a little each month to your home’s final purchase price. Since most of these arrangements last one to three years, you have plenty of time to build your credit score, save a down payment and find a mortgage that works for your budget.

Summary

Part of Saline County, Bryant is a welcoming community just a few miles southwest of Arkansas capital of Little Rock. Bryant has many services and amenities to make life comfortable as well as convenient access to regional transportation routes. The town is full of lovely neighborhoods and well-kept homes that are affordable and spacious. When it comes to finding a hometown that is eminently livable, it’s tough to beat the charm of Bryant.

Rent to Own Realtors

Realtors can qualify buyers to get an idea of when they will be ready to purchase a rent to buy home and inform them on how long to set the lease term, but mortgage officers can do that too.

Banks can make a lot of profit off of a successful mortgage. That’s why mortgage officers will be willing to help you figure out the details of your rent to own deal. However, real estate agents don’t make enough profit off of rent to own deals to justify waiting a few years for the commission.

While real estate agents might be a logical partner in rent to own deals, you’ll have a lot of difficulties finding one to help you. For everything you think you need a realtor for, consider what other types of professionals might be able to help you, like title companies or lawyers.

About Our Listings

Lease-purchase programs offer sellers more certainty than traditional rent to buy because buyers are contractually obligated to buy the condo, townhouse or house by the end of the lease term. Normally, rent to own by owner means the buyer has the option to buy and the seller has the obligation to sell.

Lease-options are more convenient for buyers. However, buyers and sellers may work out lease to purchase deals for houses and other properties when the seller is overlooking a bad credit score or a small option fee. The requirement for buyers to purchase properties makes sellers feel more comfortable leasing with no credit check because they don’t have to worry about whether buyers will opt out.

If you’re interested in looking for apartments for lease option, check out our free listings by searching for properties near me. We showcase more than just rent to own. Use our site to find cheap foreclosed homes or owner financing.