Rent to Own Homes in Gilbert
The medical community in Gilbert is also rich due to the presence of the Banner MD Anderson Cancer Center and three state-of-the-art hospitals. The Gilbert Heritage District is currently attracting a lot of attention as it brings a variety of new restaurants and retail stores to the downtown area. This mixed-use project is still developing but is already enhancing the popular Gilbert Historic District. Many restaurants and stores are also located in the Gilbert Road area.
Nevada residents interested in making Gilbert home are often surprised by the walking trails, ponds, parks and lush landscaping featured in most neighborhoods. You don't have to live in the most prestigious area to find a comfortable home in Gilbert.
Buying a Home in Gilbert?
Gilbert is often referred to by locals as a town rather than a city, and it’s one of the friendliest places to live despite its rapidly growing size. This is one of the newest areas of Arizona, so everything from the homes and restaurants to the roads are fresh and new. You can easily take advantage of newly-constructed homes with modern features and energy-efficient amenities. Homes in more established neighborhoods are also available for buyers with a more limited budget.
Popular Neighborhoods in Gilbert?
It’s not difficult to find Gilbert neighborhoods suitable for families with children of any age. StoneCreek is a large neighborhood located close to the city’s biggest park, and the Seville community is located near a country club with an Olympic-sized swimming pool. Power Ranch is removed from downtown and offers an extensive network of walking trails. Val Vista Lakes offers walking trails plus waterfront properties.
One of the more unique neighborhoods is Agritopia. Developers converted undeveloped portions of a large family farm into a community centered by farmland and pastures. The outlying areas are filled with orchards, parks and open spaces for the community to enjoy. The idea is to encourage simplistic living and self-sustaining communities.
Buying vs. Rent to Own Homes?
Buying a home in Gilbert is your dream, but what if there’s an easier way to make that dream come true? If you aren’t ready to take out a loan and fully accept all responsibility that comes with home ownership, rent-to-own homes are a reasonable alternative. You enter a contract that allows you to live in your home now as a renter with the opportunity to purchase the home at a later date. This gives you some time to prepare for home ownership and find a lender offering an affordable interest rate.
Cost of Living in Gilbert?
Housing is by far the largest expense for Gilbert homeowners. Prices are approximately 35 percent above the national average, and it’s common to find neighborhoods asking $400,000 or more for the smallest homes. This is a reflection of a young city with many newer housing developments and planned communities. Other living expenses are more reflective of national averages, but housing can make a dent in your budget.
Gilbert isn’t the most affordable city in Arizona, but it is one of the safest and cleanest residential options. With exceptional public schools and a network of private Christian schools, many families are attracted to the area. Neighborhoods lined with recreational trails and community parks are also big attractions for residents interested in living active lifestyles. The city is also home to three hospitals and a major cancer treatment facility in addition to several surrounding university campuses.
Summary
Gilbert isn’t the most affordable city in Arizona, but it is one of the safest and cleanest residential options. With exceptional public schools and a network of private Christian schools, many families are attracted to the area. Neighborhoods lined with recreational trails and community parks are also big attractions for residents interested in living active lifestyles. The city is also home to three hospitals and a major cancer treatment facility in addition to several surrounding university campuses.
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
Listing properties for traditional sale eliminates a big chunk of the buyer market. People with bad credit are left out of the traditional home buying process. Nonetheless, buyers who don’t qualify for mortgages are still in the market for apartments and houses.
Rent to own by owner programs with no credit check are an easy way for a seller to start earning money from their townhouse or condo in a market that isn’t viable, which appeals to new groups of buyers.
Through rent to buy and lease to purchase, sellers rent a property to potential buyers for a set lease term. During which, the seller earns profit through the rent buyers pay as a tenants. At the end of the lease, the buyer has the option to buy the property, or if they signed a lease-purchase agreement, they must buy it.
With a little patience, sellers can make rent money and the true value of their home from its eventual sale. Which is better than selling the home cheap and competing with bank-owned foreclosed homes that sell for less than market value.
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