Rent to Own Homes in Cochran
Cochran is located just east of U.S. Route 23 in central Georgia. This location is about 10 miles northeast of Hawkinsville, 35 miles north of McRae and 30 miles southwest of Dublin. The city is home to the Middle Georgia State University and Bleckley Memorial Hospital. Some of the biggest natural attractions found within city limits include Phillips Pond and Hill Lake. Lake Linda, Uchee Trail Country Club, Cochran Speedway, Harris Lake and Smith Lake are all a short drive from Cochran, giving residents many options for outdoor recreation throughout the year.The below results are primarily rent to own homes in :
Cochran is located just east of U.S. Route 23 in central Georgia. This location is about 10 miles northeast of Hawkinsville, 35 miles north of McRae and 30 miles southwest of Dublin. The city is home to the Middle Georgia State University and Bleckley Memorial Hospital. Some of the biggest natural attractions found within city limits include Phillips Pond and Hill Lake. Lake Linda, Uchee Trail Country Club, Cochran Speedway, Harris Lake and Smith Lake are all a short drive from Cochran, giving residents many options for outdoor recreation throughout the year.The below results are primarily rent to own homes in :
B. B. Dykes settled the area that we now call the City of Cochran in the 1850s. The area was originally known as Dykesboro and was given its current name in honor of well-known railroad official Judge Arthur E. Cochran. There were more than 1,500 people residing within city limits in 1900, and the population surpassed 5,000 residents by 2010. The population was still slightly above 5,000 in 2016, and the city is likely to maintain its size for years to come. Cochran is now a part of Bleckley County and is protected by the Cochran Police Force. Residents are served by the Bleckley County School District. In addition to the standard elementary, middle and high schools, this public school system includes the Bleckley County Learning Center and the Bleckley County Success Academy.
Buying vs. Rent to Own Homes
Renting to own a home is like a test drive for buying a house. It’s comparable to the car dealership letting you drive out of the lot with the car that you want (after you pay a small option fee) and telling you to come back when you have the money to pay the full price of it, as long as it is within the lease term. Then you make monthly lease payments until you’re ready to buy it.
You should lease-option when you’re close to getting financing for the home you’re looking to purchase, but need a bit more time (1-3 years) before you’re ready. And if you’re unsure about the house, you have more time to consider it from a more personal perspective.
Similarly to test driving a car, once you’re sure that this is the house you want and you have the money to purchase it, you should buy it as soon as possible. There’s no sense in paying rent money for longer than you need to. Rent to own also gives you the flexibility to close on a home whenever you’re ready to. It’s a mix of the best parts of renting and buying.
Rent to Own Realtors
Working with a realtor doesn’t guarantee that you will successfully complete a rent to own deal, but their knowledge and expertise can make a big difference in your success rate.
Unfortunately, not many realtors will want to work with you on a rent to own deal. There isn’t a lot of profit for a realtor in rent to own deals.
So, you’ll need to find others with the knowledge and expertise you are looking for to ensure a successful lease-option experience. Consider consulting with a realtor, a title company and a mortgage officer instead. These professionals are better than a realtor because they are experts in their respective fields, as opposed to realtors who know a good deal about each of those rent to own factors.
About Our Listings
When you’re looking for your first townhouse or condo, you learn pretty quickly that it’s difficult to secure financing for houses when you have bad credit. However, you can find properties, like apartments, in our free listings that might meet your needs.
Our database includes free listings for cheap properties available for lease-purchase, rent to own by owner, foreclosed homes and owner financing. Many of these programs will work with you with no credit check.
The convenient part of rent to buy and lease to purchase agreements is that they give buyers time to prepare to purchase a home by saving up a down payment and improving their credit score. Owner financing often has less stringent requirements than conventional financing. Search for properties near me to find the program that’s most convenient.
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