Rent to Own Homes in Douglasville
Douglasville is the county seat of Douglas County, and has been home to a number of major motion picture productions including films in The Hunger Games series. The Douglasville area contains a variety of settings from rural areas to a historic downtown district which make it a favorite of film directors. The Douglas County School District operates the city's schools and is also one of the largest employers in the area. The Douglasville CAFR Table also lists Walmart, Kroger, and the American Red Cross as major contributors to the local job market.The below results are primarily rent to own homes in Douglas County, GA:
Douglasville is the county seat of Douglas County, and has been home to a number of major motion picture productions including films in The Hunger Games series. The Douglasville area contains a variety of settings from rural areas to a historic downtown district which make it a favorite of film directors. The Douglas County School District operates the city's schools and is also one of the largest employers in the area. The Douglasville CAFR Table also lists Walmart, Kroger, and the American Red Cross as major contributors to the local job market.The below results are primarily rent to own homes in Douglas County, GA:
The center of town contains an idyllic plaza which is reminiscent of 1950's America. The Douglasville City Hall is there as well as the Douglasville Police Department. The downtown area of the city is listed on the National Register of Historic Places, and the city is also home to a thriving local arts community.
Buying a Home in Douglasville?
Only 41% of housing units in Douglasville are owner-occupied, creating many opportunities for the prospective home buyer. The median value of a home in Douglasville is approximately $140,000 and the average monthly mortgage payment is $1,500. Rental units in the city cost an average of $925 per month which is a shade higher than the national average.
A very large proportion of homes in Douglasville were built after 1990. 95% of homes here fall into this category, giving neighborhoods a modern feel. A little more than half of them have three or more bedrooms, creating a parity in the housing market which will appeal to both singles and couples with children.
Popular Neighborhoods in Douglasville?
The Chapel Hill neighborhood represents one of the best places to live in Douglasville. It is a quiet and scenic area that is predominantly occupied by married couples. The area is located near the center of town and is largely populated by urban sophisticates. The Clover Ln./Meadow Dr. neighborhood which borders the Sweetwater Creek State Park is home to dwellings that were mostly built between 1970 and 1999. This neighborhood has a median value for homes that is significantly higher than other areas in Douglasville.
Buying vs. Rent to Own Homes?
Before buying or renting a home in Douglasville, prospective owners should be aware that mortgage payments and rents in this area tend to be higher than average. This means that a rent to own home can often present a better buying opportunity than a traditional purchase. A sizable portion of the rental cost is applied toward eventual ownership, and if buyers decide to pursue a different home there is no risk of defaulting on an expensive home loan. Rent to own homes also allow buyers to avoid the hassles of qualifying for a traditional mortgage.
Cost of Living in Douglasville?
While the overall cost of living in Douglasville is a mere 2% lower than the national average, there are sizable savings to be found in the local housing market. Housing is 14% lower than it is nationwide, but on a par with other Georgia cities. Groceries, healthcare and transportation all rank three to nine percent higher than they do nationally, but utilities are 9% more affordable. Of all the areas rated for cost of living in Douglasville, housing is the most affordable by far.
The beautiful Atlanta suburb of Douglasville is an enticing blend of old and new. Its elegant downtown district and plaza is a place where neighbors still gather for local arts festivals and holiday celebrations. With a top-tier school system and strong economy, young couples with children are sure to love this quaint city that can be accessed via the I-20 corridor and is just 20 miles from Atlanta.
Summary
The beautiful Atlanta suburb of Douglasville is an enticing blend of old and new. Its elegant downtown district and plaza is a place where neighbors still gather for local arts festivals and holiday celebrations. With a top-tier school system and strong economy, young couples with children are sure to love this quaint city that can be accessed via the I-20 corridor and is just 20 miles from Atlanta.
Rent to Own Realtors
You can plan a party without an event planner, you can go swimming without a lifeguard, and you can rent to own without a realtor.
That’s important because there isn’t as much money for realtors in rent to own deals as in traditional sales. Therefore, finding a realtor to help you is rare.
While the listed activities might be easier with a professional, they’re all possible without one. To successfully rent to own without a realtor learn all you can about it.
About Our Listings
The free listings for rent to own by owner properties on this website make it easier for buyers to find rent to buy programs near me online.
Rent to buy is a good way to sell apartments or houses when the market isn’t particularly active. It’s certainly a more profitable alternative than selling them for cheap prices.
You can choose to lease-option or lease-purchase a condo, townhouse, etc – anything other than foreclosed homes works. In a lease-option, the buyer has the option to buy the home, but in a lease-purchase, the buyer must buy it.
It’s important to note that lease to purchase deals usually come with no credit check because bad credit is the tenant’s responsibility. If the tenant cannot purchase the home at the end of the lease, the seller keeps their rent and option fee. Then, the seller can find another buyer and, hopefully, market conditions are better.
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