Rent to Own Homes in Fort Mohave
Fort Mohave is a census-designated place located just over 10 miles south of Bullhead City in the northwest corner of Arizona. The region is referred to as the Tri-State Area where Arizona, California and Nevada meet. According to the United States Census Bureau, the population of Fort Mohave is nearly 14,400 residents.The below results are primarily rent to own homes in :
Fort Mohave is a census-designated place located just over 10 miles south of Bullhead City in the northwest corner of Arizona. The region is referred to as the Tri-State Area where Arizona, California and Nevada meet. According to the United States Census Bureau, the population of Fort Mohave is nearly 14,400 residents.The below results are primarily rent to own homes in :
Fort Mohave has an in-depth history relating to the native Mohave people of the region. Fort Mohave was formed in response to the Mohave War in the mid-1800's. Peace was realized after a treaty was signed between the United States and the Mohave people. Children living in Fort Mohave may attend public school in the Mohave Valley Elementary School District. The district consists of Fort Mohave Elementary, Camp Mohave Elementary and Mohave Valley Junior High. When students reach the high school level, they transition to the Colorado River Union High School District. Northwestern Mohave County provides the perfect setting for outdoor recreation. Several hiking trails with varying levels of difficulty are easily accessible to Fort Mohave residents. Outdoor enthusiasts in Fort Mohave can also visit Davis Camp, Hualapai Mountain Park and several community parks in Mohave County. Residents who are looking for a faster pace of life or more options for entertainment are located less than 15 miles from Laughlin, Nevada and less than two hours from Las Vegas.
Buying vs. Rent to Own Homes
Renting to own a home and buying a home both have the same end goal – you own the house you’re interested in. The difference between the two is your timeline. Buying a property is a great idea if you’re sure about the property and you have financing to purchase it today.
Lease-options are a good idea when you’re having doubts about the house or if you’re not financially ready to own the house you’re looking at. They’re a good option if you almost have a high enough credit score, a steady enough job history or a big enough down payment to qualify for financing on the home, but you need some more time to qualify. Rent to own gives you time to get your affairs in order, ability to try out a house and flexibility to close on the home when you’re ready – without having to wait for the end of a lease.
To be clear, if you can buy a house today, you should do it. If you’re looking at buying within the next three years, rent to own is a good way to start the process.
Rent to Own Realtors
Using a realtor for your rent to own deal can offer great benefits. Agents are well versed in real estate so they can effectively communicate opportunities and discern which of those opportunities is a legitimately good deal.
Nonetheless, not a lot of realtors will want to help with your rent to own deal because upfront profit for a realtor is minimal and the big payout down the line is not a guarantee.
That means you’ll have to do a little research to ensure that you make the best decisions, but you will save money on commission.
About Our Listings
Lease-purchase programs offer sellers more certainty than traditional rent to buy because buyers are contractually obligated to buy the condo, townhouse or house by the end of the lease term. Normally, rent to own by owner means the buyer has the option to buy and the seller has the obligation to sell.
Lease-options are more convenient for buyers. However, buyers and sellers may work out lease to purchase deals for houses and other properties when the seller is overlooking a bad credit score or a small option fee. The requirement for buyers to purchase properties makes sellers feel more comfortable leasing with no credit check because they don’t have to worry about whether buyers will opt out.
If you’re interested in looking for apartments for lease option, check out our free listings by searching for properties near me. We showcase more than just rent to own. Use our site to find cheap foreclosed homes or owner financing.
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