Rent to Own Homes in Grandview
Grandview is a small city located approximately 15 miles south of Kansas City on the western edge of Missouri. This area is positioned just west of the southern tip of Longview Lake, and most of the city stretches north of State Route 150. Interstate 49 runs directly through the center of town and connects residents to Interstates 470 and 435 for easy access to cities throughout the state and in surrounding states.The below results are primarily rent to own homes in :
Grandview is a small city located approximately 15 miles south of Kansas City on the western edge of Missouri. This area is positioned just west of the southern tip of Longview Lake, and most of the city stretches north of State Route 150. Interstate 49 runs directly through the center of town and connects residents to Interstates 470 and 435 for easy access to cities throughout the state and in surrounding states.The below results are primarily rent to own homes in :
As of 2016, there were more than 25,000 people residing within Grandview city limits. It is now one of the fastest growing cities in Jackson County. It features a healthy industrial complex, and there are many jobs available in manufacturing, retail development, business and education. Some of the city's biggest employers include the Grandview C-4 School District, Peterson Manufacturing, Ruskin Company and the City of Grandview. In addition to local public schools, students have the option of attending the Grandview Alternative School. Some of the biggest attractions in Grandview include Meadowmere Park, Shalimar Park, Grand Summit Golf Course, River Oaks South Park, Lake Clare, Jerry Smith Park, Grandview Ball Park, Southview Park and Valley Park. Residents also travel just outside of city limits to visit the beach or camp at Longview Lake. There are many parks and golf courses within a short drive of the city, including Blue Hills Country Club, Minor Park Golf Course, Hallbrook Country Club and Eagle's Landing Golf Course.
Buying vs. Rent to Own Homes
Renting to own a home and buying a house have the same steps, just on different timetables.
When you buy a house, you either pay with cash or you make monthly payments to a mortgage or some other kind of financing option for a set time frame.
When you rent to own a home you pay an option fee, which is later credited toward the purchase of the home, and then you make monthly rent payments until you’re sure you want to buy this house and you can secure financing. Then, you do the same things you would if you were buying a house – just make sure you do it before the end of the lease term so that you don’t lose any of the money you’ve negotiated.
When you can choose between the two, buying might be the right option because your monthly payments will go towards equity in a home as opposed to someone else’s pocket. However, lease-options get you to the same place with a little more time.
Rent to Own Realtors
Most realtors aren’t going to want to work with a client looking for a rent to own deal. The upfront profit for a realtor is minimal, and the largest chunk of the commission isn’t guaranteed – even after the contract is signed. Successful rent to own deals make the bulk of commission for realtors as far as three years in the future.
Good realtors know that if they’ve done their job qualifying and showing a buyer options that meet their tastes and budgets, a rent to own deal has a great chance of success. But good realtors are rare.
Instead of using a realtor, learn about rent to own yourself and meet with professionals in the title, mortgage and legal industries to increase your chances of success.
About Our Listings
The free listings for rent to own by owner properties on this website make it easier for buyers to find rent to buy programs near me online.
Rent to buy is a good way to sell apartments or houses when the market isn’t particularly active. It’s certainly a more profitable alternative than selling them for cheap prices.
You can choose to lease-option or lease-purchase a condo, townhouse, etc – anything other than foreclosed homes works. In a lease-option, the buyer has the option to buy the home, but in a lease-purchase, the buyer must buy it.
It’s important to note that lease to purchase deals usually come with no credit check because bad credit is the tenant’s responsibility. If the tenant cannot purchase the home at the end of the lease, the seller keeps their rent and option fee. Then, the seller can find another buyer and, hopefully, market conditions are better.
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