Rent to Own Homes in Cypress
Lively Cypress is a Harris County suburb 25 miles northwest of Houston’s downtown. Cypress is actually part of Houston’s jurisdiction, and this Cypress urban cluster boasts one of the country’s highest incomes. The unincorporated town offers many of the activities and services you would expect from a thriving community.
Small lakes and creeks are plentiful in... Read More
Lively Cypress is a Harris County suburb 25 miles northwest of Houston’s downtown. Cypress is actually part of Houston’s jurisdiction, and this Cypress urban cluster boasts one of the country’s highest incomes. The unincorporated town offers many of the activities and services you would expect from a thriving community.
Small lakes and creeks are plentiful in the Cypress area, draining to the town’s Cypress Creek and Little Cypress Creek watershed. Master-planned communities surround many of these lakes, providing numerous waterfront homes and fun recreation. These subdivisions are also popular because of their access to Cypress health care and top-notch education. Local schools Big Cypress School and Fairbanks High School merged in the 1930s, creating the Cypress-Fairbanks Independent School District. Some of the schools in this district include Cypress Ranch High School, Cypress Creek High School, Spillane Middle School and Sampson Elementary. Several private schools also serve the area, including Cypress Christian School.The below results are primarily rent to own homes in :
Lively Cypress is a Harris County suburb 25 miles northwest of Houston’s downtown. Cypress is actually part of Houston’s jurisdiction, and this Cypress urban cluster boasts one of the country’s highest incomes. The unincorporated town offers many of the activities and services you would expect from a thriving community.
Small lakes and creeks are plentiful in... Read More
Lively Cypress is a Harris County suburb 25 miles northwest of Houston’s downtown. Cypress is actually part of Houston’s jurisdiction, and this Cypress urban cluster boasts one of the country’s highest incomes. The unincorporated town offers many of the activities and services you would expect from a thriving community.
Small lakes and creeks are plentiful in the Cypress area, draining to the town’s Cypress Creek and Little Cypress Creek watershed. Master-planned communities surround many of these lakes, providing numerous waterfront homes and fun recreation. These subdivisions are also popular because of their access to Cypress health care and top-notch education. Local schools Big Cypress School and Fairbanks High School merged in the 1930s, creating the Cypress-Fairbanks Independent School District. Some of the schools in this district include Cypress Ranch High School, Cypress Creek High School, Spillane Middle School and Sampson Elementary. Several private schools also serve the area, including Cypress Christian School.The below results are primarily rent to own homes in :
Buying a Home in Cypress?
Cypress homes are gaining in value, rising 5.1 percent in the past year. Cypress offers many desirable homes and neighborhoods, so you can expect to see homes with a median sales price of about $265,000. The good news for homebuyers in Cypress is the increasing number of homes on the market. Last year, house hunters had about 3,700 homes to choose from throughout the year. This year, more than 4,200 homes are available. In any given month, there are about 460 single family homes for sale.
Buying vs. Rent to Own Homes ?
If you want to avoid the rushed tempo of buying a home the conventional way, renting to own is a good alternative. With a conventional purchase, you need to drive the buying process quickly, negotiating a purchase, amassing a down payment and coordinating a mortgage at the outset. The rent-to-own process provides a slower pace. Once the rent-to-own contract is finalized, you simply pay an option fee and monthly rent and move in. Over the few years of the contract, you can build your down payment, find a favorable mortgage and handle all the financial paperwork.
Cypress is a popular, family-friendly suburb of Houston, known for its amenity-rich planned communities and good schools. While the overall median home price in Cypress is slightly more than $250,000, there are many homes in the area selling for less than $180,000. This wide range of home prices gives locals a variety of options for just about any budget.
Cy-Fair Independent School District operates the area’s public schools, and Lone Star College provides dozens of community college programs. In addition to good schools, the area abounds with family activities, from several farmers markets to fishing at Telge Park.
Summary
Cypress is a popular, family-friendly suburb of Houston, known for its amenity-rich planned communities and good schools. While the overall median home price in Cypress is slightly more than $250,000, there are many homes in the area selling for less than $180,000. This wide range of home prices gives locals a variety of options for just about any budget.
Cy-Fair Independent School District operates the area’s public schools, and Lone Star College provides dozens of community college programs. In addition to good schools, the area abounds with family activities, from several farmers markets to fishing at Telge Park.
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
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.
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