In 2001, pieces of unincorporated Arapahoe County joined together to create the city of Centennial approximately 16 miles south of Denver, Colorado. I-25 runs through the center of town, creating East Centennial and West Centennial neighborhoods. As one of the top 15 safest cities in the United States, the Centennial State offers family-friendly neighborhoods on either side of the highway.The below... Read More
In 2001, pieces of unincorporated Arapahoe County joined together to create the city of Centennial approximately 16 miles south of Denver, Colorado. I-25 runs through the center of town, creating East Centennial and West Centennial neighborhoods. As one of the top 15 safest cities in the United States, the Centennial State offers family-friendly neighborhoods on either side of the highway.The below results are primarily rent to own homes in Arapahoe County, CO:
In 2001, pieces of unincorporated Arapahoe County joined together to create the city of Centennial approximately 16 miles south of Denver, Colorado. I-25 runs through the center of town, creating East Centennial and West Centennial neighborhoods. As one of the top 15 safest cities in the United States, the Centennial State offers family-friendly neighborhoods on either side of the highway.The below... Read More
In 2001, pieces of unincorporated Arapahoe County joined together to create the city of Centennial approximately 16 miles south of Denver, Colorado. I-25 runs through the center of town, creating East Centennial and West Centennial neighborhoods. As one of the top 15 safest cities in the United States, the Centennial State offers family-friendly neighborhoods on either side of the highway.The below results are primarily rent to own homes in Arapahoe County, CO:
West Centennial places you close to the South Suburban Golf Course, Willow Spring Open Space, Chapel Hill Memorial Gardens and several smaller parks. The east side of Centennial is home to the Family Sports Center Golf Course, Valley Country Club, Parker Jordan Centennial Open Space and several smaller parks. Some of the city’s main attractions include Lollipop Park, Centennial Center Park and Topgolf Centennial. You can also work with Centennial Canoe Outfitters for trips down the Colorado River, Gunnison River and other nearby waterways.
Buying a Home in Centennial?
Median listing and sales prices are around $400,000 in Centennial, but you’ll also find homes listed close to $1 million dollars. Homes listed for less than $300,000 aren’t as prominent as in many other large cities, but you can find them if you watch the market over time. If you need a home close to the best public schools, look in the Arapahoe High School area or near any of the city’s three elementary schools. There are no middle schools within city limits. Nearly 90 percent of Centennial residents are homeowners and more than half of the population is college educated, so it’s not difficult to find neighborhoods with well-kept homes in any part of the city.
Popular Neighborhoods in Centennial
There are more than 100 recognized neighborhoods in Centennial, and the majority feature well-maintained homes with homeowner’s or civic associations. One of the most popular options for families with school-aged children is Palos Verdes. There are nearly 500 homes in the area, all built in the 1960s and 1970s. Residents can participate in community-sponsored events throughout the year, including a neighborhood street party and a treasure hunt. Some of the best public schools serve this area.
If your dream home is in a more exclusive neighborhood with a lot of amenities, consider Willow Creek 2. This area is protected by a homeowner’s association, and you have access to multiple clubhouses and a community swimming pool. There are also some areas for outdoor recreation, including tennis courts, volleyball courts, a disco golf course and a playground.
Buying vs. Rent to Own Homes
Centennial has a healthy real estate market and you may want to jump right into the home-buying process, but there are some reasons to consider slowing down with a rent-to-own home. This is a unique buying contract that includes a rental period followed by the sale of the home. The terms of each deal will vary, but the goal is to rent your future home until you’re ready to secure funding and purchase the property officially. Other buyers cannot purchase the property during your rental phase, and you have time to improve your financial standing so that you qualify for the lowest interest rate possible.
Cost of Living in Centennial
The cost of housing in Centennial can easily take over your budget if you don’t buy with care and monitor your spending. The housing index often soars more than 70 percent above the national average, and that drives up the city’s overall cost of living. You can expect to pay below-average prices for groceries and many goods and services, and most residents pay less than average for utilities and transportation. If you balance those more reasonable expenses with the cost of your home, it’s possible to live comfortably in any Centennial neighborhood.
Centennial has been ranked as one of the 15 safest cities in the United States as well as the safest city in Colorado. Most of the city’s neighborhoods are monitored by civic or homeowner’s associations, and there are many that offer swimming pools, clubhouses and other community amenities. Whether you live in West Centennial or East Centennial, you’ll enjoy easy access to a variety of parks, open spaces and golf courses. Family-friendly entertainment venues are located throughout the city as well.
Summary
Centennial has been ranked as one of the 15 safest cities in the United States as well as the safest city in Colorado. Most of the city’s neighborhoods are monitored by civic or homeowner’s associations, and there are many that offer swimming pools, clubhouses and other community amenities. Whether you live in West Centennial or East Centennial, you’ll enjoy easy access to a variety of parks, open spaces and golf courses. Family-friendly entertainment venues are located throughout the city as well.
Rent to Own Realtors
Most realtors aren’t going to want to work with a client looking for a rent to own deal. The upfront profit for a realtor is minimal, and the largest chunk of the commission isn’t guaranteed – even after the contract is signed. Successful rent to own deals make the bulk of commission for realtors as far as three years in the future.
Good realtors know that if they’ve done their job qualifying and showing a buyer options that meet their tastes and budgets, a rent to own deal has a great chance of success. But good realtors are rare.
Instead of using a realtor, learn about rent to own yourself and meet with professionals in the title, mortgage and legal industries to increase your chances of success.
About Our Listings
The free listings for rent to own by owner properties on this website make it easier for buyers to find rent to buy programs near me online.
Rent to buy is a good way to sell apartments or houses when the market isn’t particularly active. It’s certainly a more profitable alternative than selling them for cheap prices.
You can choose to lease-option or lease-purchase a condo, townhouse, etc – anything other than foreclosed homes works. In a lease-option, the buyer has the option to buy the home, but in a lease-purchase, the buyer must buy it.
It’s important to note that lease to purchase deals usually come with no credit check because bad credit is the tenant’s responsibility. If the tenant cannot purchase the home at the end of the lease, the seller keeps their rent and option fee. Then, the seller can find another buyer and, hopefully, market conditions are better.