Rent to Own Homes in Clarkesville
Clarkesville is approximately 85 miles north of Atlanta in the northeastern corner of Georgia. Greenville is about 80 miles to the east, Athens is about 50 miles to the south and Chattanooga, Tennessee, is within a three-mile drive to the northwest. This location is within a 90-minute drive of the Chattanooga National Forest and a 30-minute drive of the Nantahala National Forest in Tennessee. Some scenic recreation areas located closer to Clarkesville city limits include Toccoa Falls, Tallulah Falls, Pitts Park, Demorest Springs Park and the Mauldin House and Gardens.The below results are primarily rent to own homes in :
Clarkesville is approximately 85 miles north of Atlanta in the northeastern corner of Georgia. Greenville is about 80 miles to the east, Athens is about 50 miles to the south and Chattanooga, Tennessee, is within a three-mile drive to the northwest. This location is within a 90-minute drive of the Chattanooga National Forest and a 30-minute drive of the Nantahala National Forest in Tennessee. Some scenic recreation areas located closer to Clarkesville city limits include Toccoa Falls, Tallulah Falls, Pitts Park, Demorest Springs Park and the Mauldin House and Gardens.The below results are primarily rent to own homes in :
Clarkesville was named in honor of John Clark and was founded in 1821. It serves as the seat of Habersham County and was home to nearly 1,800 residents in 2016. There were approximately 500 people living in the area in 1850. The population grew to more than 1,000 people by 1950 and has grown slowly but consistently since. Residents in Clarkesville are served by the Habersham County School District. This system includes more than five elementary schools, three middle schools and two high schools. Residents enjoy a variety of community festivals and events throughout the year, including the Fall Crawl Sip and Stroll. This event brings the community out to support local businesses while enjoying live music and special sales.
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
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
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.
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