Rent to Own Homes in Garden City
Garden City is home to the Lee Richardson Zoo, Finney County Historical Society, Parrot Cove Water Park, Deane Wiley Park and Scout Park. The city is located just north of the Finney County Game Refuge and the Arkansas River in western Kansas. Dodge City is about 50 miles to the southeast, Deerfield is about 15 miles to the west and Liberal is about 60 miles to the south. Residents can reach cities on the northern edge of Oklahoma in about 90 minutes without traffic.The below results are primarily rent to own homes in :
Garden City is home to the Lee Richardson Zoo, Finney County Historical Society, Parrot Cove Water Park, Deane Wiley Park and Scout Park. The city is located just north of the Finney County Game Refuge and the Arkansas River in western Kansas. Dodge City is about 50 miles to the southeast, Deerfield is about 15 miles to the west and Liberal is about 60 miles to the south. Residents can reach cities on the northern edge of Oklahoma in about 90 minutes without traffic.The below results are primarily rent to own homes in :
The land that is now occupied by Garden City was originally developed in 1878 when James R. Fulton and William D. Fulton erected the first buildings. There were only four buildings in the town until the Garden City Ditch was constructed in 1879. That was the beginning of agricultural growth in this area of the state, and the population grew to approximately 1,500 people by 1890. In 2010, there were more than 26,000 residents, and the population stayed relatively the same through 2016. Some of the largest employers in the Garden City area include Tyson Foods, St. Catherine Hospital, Finney County and educational facilities like the Garden City Community College. Some residents also work for local public schools, which are maintained by the Garden City Public School District. This includes Garden City High School.
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
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
When you’re looking for your first townhouse or condo, you learn pretty quickly that it’s difficult to secure financing for houses when you have bad credit. However, you can find properties, like apartments, in our free listings that might meet your needs.
Our database includes free listings for cheap properties available for lease-purchase, rent to own by owner, foreclosed homes and owner financing. Many of these programs will work with you with no credit check.
The convenient part of rent to buy and lease to purchase agreements is that they give buyers time to prepare to purchase a home by saving up a down payment and improving their credit score. Owner financing often has less stringent requirements than conventional financing. Search for properties near me to find the program that’s most convenient.
- 67846
- 67868