Rent to Own Homes in Gahanna
Gahanna is a small suburban city in central Ohio that is positioned less than 10 miles northeast of Columbus. There are many natural recreation areas in this region of the state, and many are positioned within Gahanna city limits. This includes Woodside Green Park, Headley Park, Hannah Park, Gahanna Municipal Golf Course, Friendship Park, Gahanna Woods Park and Big Walnut Creek.The below results are primarily rent to own homes in :
Gahanna is a small suburban city in central Ohio that is positioned less than 10 miles northeast of Columbus. There are many natural recreation areas in this region of the state, and many are positioned within Gahanna city limits. This includes Woodside Green Park, Headley Park, Hannah Park, Gahanna Municipal Golf Course, Friendship Park, Gahanna Woods Park and Big Walnut Creek.The below results are primarily rent to own homes in :
There are also many natural recreation areas within a short drive of Gahanna, including Rocky Fort Country Club, Jefferson Country Club, Civic Park, Forest Lawn Memorial Gardens, Whitehall Community Park, New Albany Country Club and Blendon Woods Metro Park. This region has benefited tremendously from the Creekside Gahanna redevelopment, which has attracted new restaurants and small businesses to the city of Gahanna. This region of Ohio may seem like paradise to those who enjoy golfing because there are so many large country clubs and public golf courses located within a short drive of popular residential areas. Central Park of Gahanna is also home to Golf Depot, which serves as an academy of golf for the region. The area that is now called Gahanna was originally known as Gahanna Plantation. There were more than 30,000 people residing within city limits in 2010, and the population grew to approximately 35,000 residents by 2016. The community is now served by the Gahanna-Jefferson Public School District, but students also have the option of attending private schools like the Gahanna Christian Academy.
Buying vs. Rent to Own Homes
There are a few situations in which rent to own makes sense when you have the option to purchase. A good situation to rent to own is when you’re not sure about a home you’re looking at buying, and you want to test it out for a bit before making a final decision. This way, you have less money on the line if you change your mind.
Renting to own is also a good option if you’re close to qualifying for financing, but you need a little bit more time to get there.
Renting to own doesn’t trap you in a lease like normal renting does – you can buy the home whenever you’re ready. That’s why it’s the good option if you almost have a large enough down payment, if your credit score is close to where you need it to be or if you just need a little more time at your job to build your job history. It also works when you’re waiting for your old home to sell so that you have the cash to purchase your new home.
Rent to Own Realtors
Realtors can qualify buyers to get an idea of when they will be ready to purchase a rent to buy home and inform them on how long to set the lease term, but mortgage officers can do that too.
Banks can make a lot of profit off of a successful mortgage. That’s why mortgage officers will be willing to help you figure out the details of your rent to own deal. However, real estate agents don’t make enough profit off of rent to own deals to justify waiting a few years for the commission.
While real estate agents might be a logical partner in rent to own deals, you’ll have a lot of difficulties finding one to help you. For everything you think you need a realtor for, consider what other types of professionals might be able to help you, like title companies or lawyers.
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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