Rent to Own Homes in Durango
Durango is located just south of the San Juan National Forest in southwestern Colorado. The city is positioned approximately 50 miles north of Farmington, New Mexico, and less than 70 miles from the Canyons of the Ancients National Monument. Residents can reach the Carson National Forest within four hours, and the Uncompahgre National Forest is approximately... Read More
Durango is located just south of the San Juan National Forest in southwestern Colorado. The city is positioned approximately 50 miles north of Farmington, New Mexico, and less than 70 miles from the Canyons of the Ancients National Monument. Residents can reach the Carson National Forest within four hours, and the Uncompahgre National Forest is approximately a three-hour drive to the north. This location allows residents to enjoy outdoor adventures on a routine basis.
In 2010, there were more than 16,000 residents living within Durango city limits. Those residents are served by Fort Lewis College and Southwest Colorado Community College in addition to the local school system. Main Street is the center of downtown Durango and is a registered historic district. There are a variety of small businesses in this area of town, and residents often congregate downtown to visit boutiques, restaurants and bars.The below results are primarily rent to own homes in :
Durango is located just south of the San Juan National Forest in southwestern Colorado. The city is positioned approximately 50 miles north of Farmington, New Mexico, and less than 70 miles from the Canyons of the Ancients National Monument. Residents can reach the Carson National Forest within four hours, and the Uncompahgre National Forest is approximately... Read More
Durango is located just south of the San Juan National Forest in southwestern Colorado. The city is positioned approximately 50 miles north of Farmington, New Mexico, and less than 70 miles from the Canyons of the Ancients National Monument. Residents can reach the Carson National Forest within four hours, and the Uncompahgre National Forest is approximately a three-hour drive to the north. This location allows residents to enjoy outdoor adventures on a routine basis.
In 2010, there were more than 16,000 residents living within Durango city limits. Those residents are served by Fort Lewis College and Southwest Colorado Community College in addition to the local school system. Main Street is the center of downtown Durango and is a registered historic district. There are a variety of small businesses in this area of town, and residents often congregate downtown to visit boutiques, restaurants and bars.The below results are primarily rent to own homes in :
Durango is a small town that hosts a variety of community events throughout the year. One of the most noteworthy events is the annual Durango Ragtime and Early Jazz Festival. In the summer, many people visit the city for the popular Music in the Mountains musical festival. The Durango Transit Center offers community buses that make loops around the city, providing affordable transportation to these community events as well as to some of the city's biggest employers and the downtown region.
Buying vs Rent to Own Homes?
If you're preparing to buy a home in the Durango area, add a few rent-to-own properties to your list of options. These properties are different from other homes up for sale because they give you the opportunity to move in before you apply for a home loan. You start out renting the property with the intention of buying the home within a set time frame. In most cases, you will have at least a year or two to improve your financial standing and secure a home loan. This gives you time to improve your chances of qualifying for a lower interest rate than you would receive today.
Durango is a small Colorado town surrounded by natural attractions. The city is a short drive from northern New Mexico cities, and there are a variety of forests within a few hours of town. The ability to hike, mountain, camp and swim on a regular basis is a major attraction for residents, but the cost of living is prohibitive for many people. The median home price is often above $350,000, and the overall cost of living can rise more than 30 percent above average at times. The area's largest employers include the local school system and medical facilities.
Summary
Durango is a small Colorado town surrounded by natural attractions. The city is a short drive from northern New Mexico cities, and there are a variety of forests within a few hours of town. The ability to hike, mountain, camp and swim on a regular basis is a major attraction for residents, but the cost of living is prohibitive for many people. The median home price is often above $350,000, and the overall cost of living can rise more than 30 percent above average at times. The area's largest employers include the local school system and medical facilities.
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