Rent to Own Homes in Dallas
Dallas is a small town approximately four miles north of Gastonia on the southern edge of North Carolina. The South Carolina state line is less than 15 miles to the south, and Charlotte is about 20 miles to the east. This gives residents a short commute to two larger cities for employment opportunities, and some of the surrounding small towns have small businesses offering jobs as well.The below results are primarily rent to own homes in :
Dallas is a small town approximately four miles north of Gastonia on the southern edge of North Carolina. The South Carolina state line is less than 15 miles to the south, and Charlotte is about 20 miles to the east. This gives residents a short commute to two larger cities for employment opportunities, and some of the surrounding small towns have small businesses offering jobs as well.The below results are primarily rent to own homes in :
Most Dallas residents commute for entertainment and fine dining, but the city is home to an expanding city park and holds a variety of community street festivals each year. One of the most popular events is known as Cotton Ginning Days. Some of the biggest attractions in this area of Gaston County include the Gaston County Museum, Dallas Park, Rankin Lake Park, Flyer Park, Barnyard Flea Market and the Bradley Center. Dallas was incorporated in 1863, and there were approximately 300 residents in 1870. The population grew to more than 1,000 residents by 1910 and more than 4,000 residents by 1970. The population started to decline in the following years, but it was back up to nearly 5,000 residents by 2016. Today, residents are served by the Gaston County School District, and most students attend North Gaston High School.
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 are highly skilled at informing potential buyers and prospective sellers about rent to own. A realtor can help find the second half of the deal you have been searching for.
Unfortunately, not many realtors are interested in rent to own because there isn’t a lot of money for them in the process. In the past, that would constitute a serious roadblock to rent to own; however, there are plenty of websites available for buyers and sellers to find each other.
Completing your rent to own deal without a realtor could save the seller a lot of money on commission. That gives the seller some wiggle room on the sale price, which attracts even more buyers.
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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