Rent to Own Homes in Greer
Greer has a wide range of economic opportunities, from the international... Read More
Greer has a wide range of economic opportunities, from the international airport to the BMW manufacturing facility, which directly employs 4,600 workers and has attracted numerous businesses supplying the plant with an overall impact of around 12,000 jobs. The South Carolina Inland Port, which receives and sends rail containers for shipping, is also located in the city of Greer.The below results are primarily rent to own homes in Greenville County, SC:
Greer has a wide range of economic opportunities, from the international... Read More
Greer has a wide range of economic opportunities, from the international airport to the BMW manufacturing facility, which directly employs 4,600 workers and has attracted numerous businesses supplying the plant with an overall impact of around 12,000 jobs. The South Carolina Inland Port, which receives and sends rail containers for shipping, is also located in the city of Greer.The below results are primarily rent to own homes in Greenville County, SC:
Part of an area originally known as the Domain of the Cherokees prior to the Revolutionary War, the city was founded by James Manning Greer, a Scottish man who arrived in the region in the 1760s. They settled in the area, which became known as Greer Station when the railroad came to the area in the 1800s. Amid that bustle of activity, Greer was incorporated as a town in 1876. Today's Greer offers bustling economic opportunities but also small-town, community-minded closeness.
The city also offers recreational opportunities and green spaces, including the 12-acre Greer City Park. Three lakes are located in the city and the South Tyger River passes through Greer. The downtown area of Greer retains its historic buildings from the 19th and early 20th centuries, including the Greer Post Office, Greer Downtown Historic District and the Louie James House. The Greer Heritage Museum is the former post office that contains a famous 1939 mural, Cotton and Peach Growing.
Buying a Home in Greer?
With strong economic opportunities and a rosy employment outlook accompanied by close-knit neighborhoods and family-friendly communities, Greer can be an attractive place to call home. The median value of a home in Greer is $174,700, while the median price of homes currently listed for sale in the city is $245,625. Prices in the town have risen consistently and significantly since 2012 and are well above their prior prices going back to 2007 and before. The growing economic base of the city is sparking growing home valuations as well.
Popular Neighborhoods in Greer?
There are a wide range of family-friendly, safe and highly livable neighborhoods in Greer. The northern side of the city is particularly desirable, with attractive, well-kept homes and an array of activities and options for children. The Northside features older, spacious homes as well as new construction, and the area offers a significant amount of green space, trees and wooded areas while remaining close to shopping, dining and the highways. The area also features excellent views of the Blue Ridge Mountains.
Buying vs. Rent to Own Homes?
Optimizing your credit to get the best mortgage rate and needing the cash for a significant down payment can present obstacles, even when you've prioritized your goal of homeownership. If you're looking to settle in Greer, another option worth considering is a rent to own home. You'll negotiate the home's price, agree to buy it and move in today, but you'll rent the home for a set period of time while you prepare your mortgage and down payment. At the end of the lease period, you'll complete the purchase of your home with a head start on homeownership.
Cost of Living in Greer ?
The cost of living in the city of Greer is just below the national average, at 98 percent of the United States midpoint. Housing in Greer is still a savings center, as housing costs in the city are only 93 percent of the national average. Utilities and transportation are also savings centers, while miscellaneous, grocery and health costs hover several percentage points above the national average costs for those items.
With an excellent economic climate, a growing community, wide access to shopping and services and major recreational and educational amenities, Greer can be an excellent choice for a family home. A strong option for commuters and local staff at an array of facilities, plants and employers, the city offers small-town closeness and advanced suburban facilities.
Summary
With an excellent economic climate, a growing community, wide access to shopping and services and major recreational and educational amenities, Greer can be an excellent choice for a family home. A strong option for commuters and local staff at an array of facilities, plants and employers, the city offers small-town closeness and advanced suburban facilities.
Rent to Own Realtors
When it comes to contracts, there are usually plenty of loopholes. You don’t want to be blindsided because your counterpart in a rent to own deal knows them better than you do.
A realtor might be the logical person to ask for help with a real estate deal, but instead, you should consult with a lawyer to ensure that your lease-option contract benefits you just as much as it benefits the other party.
Realtors likely will not want to help you with a lease-option because they don’t make a lot of money off of them – at least, they don’t make a lot of money until the end of the lease, and that isn’t a guarantee.
Regardless, a lawyer will have more accurate information about your contracts anyway.
About Our Listings
Rent to Own Labs offers more than free listings for rent to buy houses.
Our website also includes real estate owned properties, which are bank-owned foreclosed homes that didn’t sell at auction. You can buy these types of properties for cheap prices because the bank isn’t in the business of real estate; it’s just looking to get rid of the condo, townhouse, etc. that it has on the book.
Sellers directly list rent to own by owner apartments and houses as lease-option or lease-purchase programs with no credit check. On lease to purchase contracts, the buyer is contractually obligated to buy the home, and on lease to own contracts, the buyer is financially motivated. It doesn’t matter to the seller if you have a bad credit score because they know you have a lot at risk if you don’t buy the home you’re renting to own.
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