Rent to Own Homes in Glen Burnie
Overview
Originally named Glennsburne by town founder Elias Glenn in 1812, the town’s name went through several versions throughout the 1800s. In 1930, the area’s postmaster changed the town’s name from Glenburnie to Glen Burnie, a moniker that finally stuck.
An ever-changing name didn’t distract Glen Burnie’s residents from innovating and growing though. The area was home to one of the country’s first enclosed shopping malls, Harundale Mall in 1958. Glen Burnie Mall on Crain Highway soon followed in 1962.
Today, locals enjoy easy access to a number of transportation options. The town shares its western border with Baltimore-Washington International Airport, so distant travel is very convenient for residents of Glen Burnie. Locals also enjoy convenient access to nearby Baltimore via Baltimore Light Rail. The Cromwell/Glen Burnie light rail station serves North Glen Burnie and the Ferndale station is located in central Glen Burnie.
Overview
Originally named Glennsburne by town founder Elias Glenn in 1812, the town’s name went through several versions throughout the 1800s. In 1930, the area’s postmaster changed the town’s name from Glenburnie to Glen Burnie, a moniker that finally stuck.
An ever-changing name didn’t distract Glen Burnie’s residents from innovating and growing though. The area was home to one of the country’s first enclosed shopping malls, Harundale Mall in 1958. Glen Burnie Mall on Crain Highway soon followed in 1962.
Today, locals enjoy easy access to a number of transportation options. The town shares its western border with Baltimore-Washington International Airport, so distant travel is very convenient for residents of Glen Burnie. Locals also enjoy convenient access to nearby Baltimore via Baltimore Light Rail. The Cromwell/Glen Burnie light rail station serves North Glen Burnie and the Ferndale station is located in central Glen Burnie.
Glen Burnie residents have a few community services, although the town is not incorporated. Area kids attend one of several Glen Burnie schools, and the town teems with restaurants, shops and businesses. Glen Burnie is part of Anne Arundel County in the northern region of Maryland.
Buying vs. Rent to Own Homes
Buying a home using conventional financing processes can be stressful. Rent to own homes offer a slower-paced alternative. With rent to own homes, you don’t need a large down payment ready, and you don’t need to get a home loan right away. Instead, with rent to own homes, you negotiate a price and contract details directly with the home’s seller. Instead of a down payment, a smaller option fee payment is required. Then, you move into the home without needing to wait for escrow to close. You make monthly rent payments, and part of that monthly rent is credited to the home’s purchase price. During the course of your rent-to-own contract period, you have time to build your financial strength and find a favorable home loan.
Summary
Glen Burnie is a suburb of Baltimore, which is just 24 miles north of the small Glen Burnie community. While Glen Burnie isn’t officially a town or city, it is home to nearly 70,000 Maryland residents, and it encompasses 18 square miles. A popular spot for Baltimore workers to live, Glen Burnie boasts many transportation options, schools and entertainment venues. In addition to the nearby airport and easy-access light rail stations, Glen Burnie is along the route of Interstate 97 and highways 100, 2 and 10. Interstate 695 runs along the town’s northern border.
Rent To Own Labs provides a diverse set of real estate listings, including rent to own (“lease to own” or “lease purchase”), owner financing, foreclosed, for sale by owner, and rental home opportunities. These listings are available to low-income residents and those with bad credit or no credit, and include both condos & houses. Rent to own homes near me include the list of zip codes we serve in this area:
- 21062
- 21060
- 21061