Rent to Own Homes in Chula Vista
The below results are primarily rent to own homes in San Diego County, CA:
Chula Vista is located in southern California within 10 miles of San Diego and Tijuana, Mexico. The San Diego Bay runs along the western edge of the city, and Imperial Beach is less than five miles outside of the city limits. This is the beach most often frequented by residents, but they also enjoy Chula Vista Bayside Park. In addition to recreational space, the park offers a beach suitable for swimming, kayaking and windsurfing. Local boaters also enjoy access to Chula Vista Marina.
The year-round warm climate in Chula Vista attracts residents in search of an active, healthy lifestyle. Locals can spend their free time playing volleyball on the beach, participating in water sports and visiting local farmer’s markets. The Chula Vista farming industry is quite active, so there are multiple markets selling fresh produce all year long.
One of the biggest local attractions is the Chula Vista Nature Center. From parrots to sharks, the center features animal displays that showcase wildlife native to southern California. The city is also home to the ARCO Olympic Training Center, Aquatica Water Park and Rice Canyon Trail. Seas the Day is a local company offering boat tours of the San Diego Harbor, and locals also enjoy visiting the Sky Zone Trampoline Park.
Buying a Home in Chula Vista
It’s difficult to live in Chula Vista without getting caught up in the active outdoor lifestyle shared by most residents. Before purchasing your home, think about the type of activities that you and other members of your household may enjoy. If you’re a beach lover, then you may select a western neighborhood that delivers easy access to the bay or harbor. You may want to stay close to the marina if you own a boat, but if you’re an avid hiker, then you may prefer the eastern edge of the city close to the mountains. If you have a family of bike riders, then a home close to the Bayshore Bikeway will probably fit your lifestyle best.
Popular Neighborhoods in Chula Vista
Are you craving a safe and quiet rural environment with family-oriented amenities and neighbors? If yes, your ideal neighborhood is likely East Lake. It’s located so far to the east of I-805 that it feels like a city of its own. You can expect single-family homes to start around $300,000 and go over $600,000 in some instances, but you’ll get parks, ponds, golf courses and safe streets in exchange.
If you want a more exclusive neighborhood and can afford to pay in the ballpark of a million dollars for your home, look to the South Park and Hillcrest neighborhoods. South Park is the most exclusive, so you can expect to pay at least $500,000 for a move-in quality home, and many homes do sell for more than a million. Hillcrest prices are in between East Lake and South Park, and it’s a safe neighborhood with amenities suitable to most families with children.
Buying vs. Rent to Own Homes
Have you heard about rent-to-own agreements yet? This is a new trend in real estate that allows select buyers to rent their homes before they take out a home loan. You should consider entering this type of agreement only if you find a home that you fully intend to purchase but aren’t ready to buy right now.
There are many circumstances that may stop you from buying a home outright, including the lack of sufficient down payment or flaws on your credit history. When you start out as a renter, you have a chance to correct those problems before it’s time to take out a loan and make the home officially yours.
Cost of Living in Chula Vista
When considering the cost of living in Chula Vista, you have to orient your mind to California prices. Everything is a bit more expensive here, and Chula Vista prices are about equal to state averages. It’s when you compare those prices to the national average that you realize they’re quite high in comparison to many other regions of the country. For instance, housing prices in Chula Vista double the current national average.
The sun shines year round in Chula Vista, and that naturally attracts nature lovers. The city is home to a year-round Olympic training center as well as several amusement parks and golf courses. Residents enjoy family-friendly neighborhoods with parks, ponds and safe schools, and there are many comfortable condos available for smaller families and singles. While the cost of housing in the city is high compared to national averages, it’s about what most California residents expect.
Rent to Own Realtors
You can plan a party without an event planner, you can go swimming without a lifeguard, and you can rent to own without a realtor.
That’s important because there isn’t as much money for realtors in rent to own deals as in traditional sales. Therefore, finding a realtor to help you is rare.
While the listed activities might be easier with a professional, they’re all possible without one. To successfully rent to own without a realtor learn all you can about it.
About Our Listings
It’s in the bank’s best interest to avoid foreclosed homes because they end up having to sell them cheap to recoup lost money. So, they try to play it safe with mortgage approvals by steering clear of people with bad credit.
That doesn’t help someone who’s working on getting their credit together to buy a condo or a townhouse. Nonetheless, rent to buy programs can help people work toward purchasing houses and apartments with no credit check.
The free listings on our site are usually rent to own by owner, so deals are more reasonable and trustworthy than big company lease to purchase properties are. Whenever you’re ready just look for lease-option or lease-purchase homes near me on the Rent to Own Labs website.