Rent to Own Homes in Greenwood
Greenwood, Arkansas, was founded in 1851 and named for Judge Alfred Burton Greenwood who was elected in 1850 to serve as Circuit Judge across ten counties in northwest Arkansas. The city's importance as a center of business helped it gain ground in terms of notoriety and population after the end of the Civil War in 1865. Since then, Greenwood has served as the seat of the... Read More
Greenwood, Arkansas, was founded in 1851 and named for Judge Alfred Burton Greenwood who was elected in 1850 to serve as Circuit Judge across ten counties in northwest Arkansas. The city's importance as a center of business helped it gain ground in terms of notoriety and population after the end of the Civil War in 1865. Since then, Greenwood has served as the seat of the Sebastian County Courthouse and currently holds the Veterans' Memorial Square in its central City Square. In the center of the memorial stands the city clock tower, which was rebuilt from the bell and clock that had stood in the original courthouse devastated by a tornado in 1968.
Just south of Veterans' Memorial Square sits the historic Old Sebastian County Jail, which was put on the National Register of Historic Places in 1994 and was re-purposed into a local museum in 1966. The museum is particularly well known for its amazing masonry made from stones expertly gathered from quarries just southwest of Greenwood. The city is also the central meeting place and leader of the local South Sebastian County Historical Society which offers a variety of public events and educational programs for children year-round.The below results are primarily rent to own homes in :
Greenwood, Arkansas, was founded in 1851 and named for Judge Alfred Burton Greenwood who was elected in 1850 to serve as Circuit Judge across ten counties in northwest Arkansas. The city's importance as a center of business helped it gain ground in terms of notoriety and population after the end of the Civil War in 1865. Since then, Greenwood has served as the seat of the... Read More
Greenwood, Arkansas, was founded in 1851 and named for Judge Alfred Burton Greenwood who was elected in 1850 to serve as Circuit Judge across ten counties in northwest Arkansas. The city's importance as a center of business helped it gain ground in terms of notoriety and population after the end of the Civil War in 1865. Since then, Greenwood has served as the seat of the Sebastian County Courthouse and currently holds the Veterans' Memorial Square in its central City Square. In the center of the memorial stands the city clock tower, which was rebuilt from the bell and clock that had stood in the original courthouse devastated by a tornado in 1968.
Just south of Veterans' Memorial Square sits the historic Old Sebastian County Jail, which was put on the National Register of Historic Places in 1994 and was re-purposed into a local museum in 1966. The museum is particularly well known for its amazing masonry made from stones expertly gathered from quarries just southwest of Greenwood. The city is also the central meeting place and leader of the local South Sebastian County Historical Society which offers a variety of public events and educational programs for children year-round.The below results are primarily rent to own homes in :
Buying vs Renting to Own?
The difference between buying a home and signing up for a lease-option depends on your timeframe and how much money you spend on buying the house.
When you buy a house outright, you pay for the fair market value of the home plus interest and other fees charged by your financial lender, if you have one. You buy the property today and immediately start building equity in it.
However, when you rent to own, you won’t own the home until you close on the property, which could be as far as three years from today. You’ll also pay rent monthly, and you don’t get that money back.
There are some fees that you pay for rent to own that you’ll get back as a credit towards the price of your home, like option fees and rent credits. These count as equity on the home, but they’re not on the scale of equity you would build with a mortgage. Therefore, these don’t add anything on to the price you pay for the home the way that rent does.
With an estimated population of nine thousand and 11.18 square miles of habitable land, Greenwood, Arkansas, is truly the central seat of Sebastian County. Greenwood offers historical sites and educational programs, is an important part of the county's judicial past, and is the perfect location for new or established families looking for a new hometown. The city is run by a joint service of Mayoral leadership working alongside the Greenwood City Council, which is made up of elected officials serving four-year terms. In other words, the city is run by a mixture of strong central leadership backed and tempered by a stable political council. Greenwood is all-around a level, family-friendly city with a strong emphasis on historic significance and community values.
Summary
With an estimated population of nine thousand and 11.18 square miles of habitable land, Greenwood, Arkansas, is truly the central seat of Sebastian County. Greenwood offers historical sites and educational programs, is an important part of the county's judicial past, and is the perfect location for new or established families looking for a new hometown. The city is run by a joint service of Mayoral leadership working alongside the Greenwood City Council, which is made up of elected officials serving four-year terms. In other words, the city is run by a mixture of strong central leadership backed and tempered by a stable political council. Greenwood is all-around a level, family-friendly city with a strong emphasis on historic significance and community values.