Rent to Own Homes in Cicero
Cicero is a small town located approximately five miles from Oneida Lake in north-central New York. This location places residents within a 10-minute drive of Syracuse Hancock International Airport, Oneida Shores County Park, Northern Pines Golf Club, Arrowhead Golf Course and Meltzer Park. Syracuse is approximately 10 miles to the south, and Lake Ontario is approximately 30 miles to the north. Residents can drive to Oswego and other coastal cities in under an hour, and Rochester is less than a two-hour drive to the northwest.The below results are primarily rent to own homes in :
Cicero is a small town located approximately five miles from Oneida Lake in north-central New York. This location places residents within a 10-minute drive of Syracuse Hancock International Airport, Oneida Shores County Park, Northern Pines Golf Club, Arrowhead Golf Course and Meltzer Park. Syracuse is approximately 10 miles to the south, and Lake Ontario is approximately 30 miles to the north. Residents can drive to Oswego and other coastal cities in under an hour, and Rochester is less than a two-hour drive to the northwest.The below results are primarily rent to own homes in :
In 2010, there were more than 30,000 people residing within Cicero town limits. The population dropped slightly by 2016 and is expected to stay relatively the same in years to come. In 2000, the median income for Cicero was just over $50,000 per household and close to $60,000 per family. Residents have some job opportunities within town limits, but the area is known as a northern suburb that houses many employees working in Syracuse. The Town of Cicero is separated by the Cicero Swamp Wildlife Management Area and a variety of neighborhoods like Cicero Center, Bay Colony, Cedar Point and Forest Beach. The median listing price for homes tends to stay below $200,000, allowing the cost of housing to stay well below national and state averages.
Buying vs. Rent to Own Homes
To buy a house, you (1) look at the homes available for purchase, (2) pick the house you want, (3) pay the seller the cost of the home and (4) you get the house. That’s the basic gist of the traditional home buying process.
All the steps of the traditional home buying process are present in the rent to own process. The difference is that renting to own has an additional step between Step 2 and Step 3. Step 2.5 is to rent the home for a maximum of three years until you are ready to continue to Step 3.
During Step 2.5, you’re working on improving your credit score, building a steady job history and saving up a down payment so that you can qualify for financing. Once you have financing, you can move on to Step 3.
Rent to own is a good way to prepare for buying a property. Once you do buy, you won’t have to spend money on rent any longer. So, the sooner you can buy, the better.
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
Rent to Own Labs offers more than free listings for rent to buy houses.
Our website also includes real estate owned properties, which are bank-owned foreclosed homes that didn’t sell at auction. You can buy these types of properties for cheap prices because the bank isn’t in the business of real estate; it’s just looking to get rid of the condo, townhouse, etc. that it has on the book.
Sellers directly list rent to own by owner apartments and houses as lease-option or lease-purchase programs with no credit check. On lease to purchase contracts, the buyer is contractually obligated to buy the home, and on lease to own contracts, the buyer is financially motivated. It doesn’t matter to the seller if you have a bad credit score because they know you have a lot at risk if you don’t buy the home you’re renting to own.
Find properties near me with Rent to Own Labs.
- 13039