Rent to Own Homes in Clayton
Some of the noteworthy attractions in this area of North Carolina include the Clayton Center Auditorium and Conference Center, Clemmons Education State Forest, Legend Park and the Clayton Community Center. Residents often spend time along the Neuse River, and some of the most popular activities include canoeing and hiking along trails near the water. Some of the city's annual events include the Youth Artist Festival, the Harvest Festival and the Strawberry Festival.The below results are primarily rent to own homes in Johnston County, NC:
Some of the noteworthy attractions in this area of North Carolina include the Clayton Center Auditorium and Conference Center, Clemmons Education State Forest, Legend Park and the Clayton Community Center. Residents often spend time along the Neuse River, and some of the most popular activities include canoeing and hiking along trails near the water. Some of the city's annual events include the Youth Artist Festival, the Harvest Festival and the Strawberry Festival.The below results are primarily rent to own homes in Johnston County, NC:
Clayton is developing an active arts community and is home to some registered historic places, including the Clayton Historic District and the Clayton Banking Company Building. The town is now home to more than 15,000 residents.
Buying a Home in Clayton?
There is often a substantial difference between median listing and sales prices for homes in Clayton. The median listing price is often close to $300,000, but you'll often see the median sales price much closer to $200,000. You can expect to spend more than $100 per square foot in most areas of town, and there are some neighborhoods that command much higher prices. Approximately 80 percent of Clayton residents own their homes, and there are many family-friendly subdivisions within close proximity of highly rated public schools.
Popular Neighborhoods in Clayton?
Flowers Plantation is a master-planned community that contains some of the more popular Clayton neighborhoods. You'll find affordable housing communities as well as gated communities in this area, so the real estate prices will vary. This is a good area to look for single-family luxury homes as well as condominiums located close to retail and commercial establishments.
If you want to live an active lifestyle with a variety of outdoor recreational areas nearby, consider the neighborhood surrounding the Riverwood Athletic Club. Prices start around $100,000 and can go well over $500,000, so the area is suitable for all budgets.
Buying vs. Rent to Own Homes?
Rent-to-own homes in Clayton could put you on the path to homeownership. If you dream of owning a home but want to wait a year or more before you apply for a mortgage loan, these properties will allow you to move in the short term and finance in the long term. You will pay monthly rental fees until you take over as the owner of the property, but in some cases, a portion of your rental payment will count toward the eventual purchase of the home. Why rent a house that you can never own when a Clayton rent-to-own home may fit your needs better?
With a thriving arts community and an impressive list of annual festivals, Clayton is a small town in North Carolina known for its family-friendly roots. Residents have easy access to surrounding cities via three interstates, and they enjoy a variety of recreational opportunities near the Neuse River and the Clemmons Education State Forest. Jobs are available in education, medicine and manufacturing, and crime rates are low in most neighborhoods.
Summary
With a thriving arts community and an impressive list of annual festivals, Clayton is a small town in North Carolina known for its family-friendly roots. Residents have easy access to surrounding cities via three interstates, and they enjoy a variety of recreational opportunities near the Neuse River and the Clemmons Education State Forest. Jobs are available in education, medicine and manufacturing, and crime rates are low in most neighborhoods.
Rent to Own Realtors
Rent to own is beneficial to both buyers and sellers, but that’s not common knowledge. A lot of people look to realtors as a credible source of information for their counterpart in a rent to own deal about the benefits of the program.
However, you likely won’t find a realtor who is interested in helping you. There’s not a lot of profit for realtors in rent to own deals.
Instead, you’ll have to become a credible expert on the process yourself. Honestly, that’s not a bad thing. It’s better that you know everything you need to about the process you’re investing so much time and money into.
About Our Listings
Whether you’re interested in purchasing a condo or a townhouse, or if you’ve been touring apartments and houses, rent to own can be a good option for buyers – often with no credit check.
Just because the seller isn’t checking your credit score doesn’t mean you shouldn’t worry about it. You’ll need to have a credit score high enough to qualify for financing if you want to succeed in a rent to buy deal.
In rent to own by owner programs, sellers want to make a profit off of their properties. They will earn rent money from you whether you successfully buy the house or not. So, they don’t really worry about whether you have the credit score to buy it at the end of the lease.
Lease to purchase deals from a company are often less successful than from an owner because companies tend to snatch up cheap foreclosed homes and lease-option them on an “as is” basis.
Owners who are eager to sell their property may ask you to sign a lease-purchase agreement, which is very different from a lease-option because instead of having the option to buy the property before the end of the lease, you legally have to buy it. That can be difficult if you start the deal with bad credit and cannot bring it up high enough to qualify for a mortgage.
Looking for rent to own listings near me? Start your search on the Rent to Own Labs database.
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