Rent to Own Homes in Gaston
Gaston, South Carolina is located a mere 20 miles south of the capital city of Columbia. This Lexington County town is located within the Columbia, South Carolina Metropolitan Statistical Area. According to recent data from the United States Census Bureau, the population of Gaston is approximately 1,600 residents.The below results are primarily rent to own homes in :
Gaston, South Carolina is located a mere 20 miles south of the capital city of Columbia. This Lexington County town is located within the Columbia, South Carolina Metropolitan Statistical Area. According to recent data from the United States Census Bureau, the population of Gaston is approximately 1,600 residents.The below results are primarily rent to own homes in :
Children living in Gaston typically attend public school in Lexington School District Four, depending on their home address. Frances Mack Intermediate School and Sandhills Middle School are both located in Gaston. The median income of Gaston residents is just over $41,000 per year, compared to the median income of roughly $47,000 per year for the state of South Carolina. Most people living in Gaston work in accommodation, construction, manufacturing, health care and retail professions. Outdoor enthusiasts living in Gaston enjoy a close proximity to Peachtree Rock Heritage Preserve. This local gem is known as one of the area's best places to hike. Visitors can explore fossils, plants and native wildlife, with each trip to the Peachtree Rock Heritage Preserve being a unique experience. Lexington County has much to offer to Gaston residents. Riverbanks Zoo and Garden, the Lexington County Museum and the active Lexington County Recreation and Aging Commission ensure that residents always have a connection to their community.
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
An agent serves as a protection for both the buyer and the seller. They can save the buyer and seller a lot of time and money, which could offset the realtor’s commission.
However, not many realtors are interested in helping with lease-options. They make a minimal profit off of the lease portion of the deal, and the profit from the purchase is several years down the line and isn’t guaranteed.
Instead, protect yourself by communicating with lawyers, title agents and mortgage lenders to ensure that your rent to own deal works smoothly.
About Our Listings
It’s in the bank’s best interest to avoid foreclosed homes because they end up having to sell them cheap to recoup lost money. So, they try to play it safe with mortgage approvals by steering clear of people with bad credit.
That doesn’t help someone who’s working on getting their credit together to buy a condo or a townhouse. Nonetheless, rent to buy programs can help people work toward purchasing houses and apartments with no credit check.
The free listings on our site are usually rent to own by owner, so deals are more reasonable and trustworthy than big company lease to purchase properties are. Whenever you’re ready just look for lease-option or lease-purchase homes near me on the Rent to Own Labs website.
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