Rent to Own Homes in Harrisburg
Named by Forbes as one of the best cities for raising families, Harrisburg is the capital of Pennsylvania. It’s known for its historic location along the Susquehanna River and its wildly popular Great Outdoor Show. Harrisburg is a treasure trove of lively activities, from car shows and Oktoberfest celebrations to riverboat cruises and baking competitions. Tucked into... Read More
Named by Forbes as one of the best cities for raising families, Harrisburg is the capital of Pennsylvania. It’s known for its historic location along the Susquehanna River and its wildly popular Great Outdoor Show. Harrisburg is a treasure trove of lively activities, from car shows and Oktoberfest celebrations to riverboat cruises and baking competitions. Tucked into the fertile Susquehanna Valley, the town also hosts one of the country’s largest and most historic farm shows each year.
For all of the town’s big-city events and activities, Harrisburg is a charming town of about 45,000 residents. Center City Harrisburg, including Market Square, is the most historic part of town. The broader Harrisburg area encompasses York, Lebanon, the former East Harrisburg and many smaller towns. This brings the greater Harrisburg area population to more than one million residents.The below results are primarily rent to own homes in Dauphin County, PA:
Named by Forbes as one of the best cities for raising families, Harrisburg is the capital of Pennsylvania. It’s known for its historic location along the Susquehanna River and its wildly popular Great Outdoor Show. Harrisburg is a treasure trove of lively activities, from car shows and Oktoberfest celebrations to riverboat cruises and baking competitions. Tucked into... Read More
Named by Forbes as one of the best cities for raising families, Harrisburg is the capital of Pennsylvania. It’s known for its historic location along the Susquehanna River and its wildly popular Great Outdoor Show. Harrisburg is a treasure trove of lively activities, from car shows and Oktoberfest celebrations to riverboat cruises and baking competitions. Tucked into the fertile Susquehanna Valley, the town also hosts one of the country’s largest and most historic farm shows each year.
For all of the town’s big-city events and activities, Harrisburg is a charming town of about 45,000 residents. Center City Harrisburg, including Market Square, is the most historic part of town. The broader Harrisburg area encompasses York, Lebanon, the former East Harrisburg and many smaller towns. This brings the greater Harrisburg area population to more than one million residents.The below results are primarily rent to own homes in Dauphin County, PA:
Buying a Home in Harrisburg?
Homebuyers have many options in Harrisburg. More than 1,600 homes are on the market at any given time. Renters looking for homes are also in luck since there are about 130 homes for rent in Harrisburg. Purchase prices are steadily affordable, staying in the median range of $134,000 to $150,000. Currently, about half of Harrisburg’s homes sell for less than $146,000, and the median house rental price is $948. In the spring and summer, homes sell within about 70 days of being placed on the market. In winter, homes sell in about 100 days.
Buying vs. Rent to Own Homes?
If you want to jump into homeownership, you might consider rent to own homes. Unlike conventional home purchases, renting to own gives you the chance to purchase your home incrementally. Instead of needing a large down payment up front and jumping into a mortgage, you simply pay a smaller option fee and make monthly rent payments. Your rent payment premium accrues to your final purchase price, and you have the length of the contract to build up your financial situation and find a mortgage. Rent-to-own contracts usually last one to three years, so there’s no rush to coordinating a mortgage.
About 100 miles from Philadelphia, picturesque Harrisburg overflows with opportunities for employment, recreation and education. A Hershey chocolate visitor’s center, the Riverfront Park, Harrisburg marathon and dozens of other events keep local families and singles entertained. It’s also a popular town for its affordable home prices and historic homes in close-knit neighborhoods. Many homes here sell for less than $100,000, and there are a variety of homes in higher price ranges too. With all that Harrisburg has to offer, it’s easy to see why the town was named one of the best places to raise a family.
Summary
About 100 miles from Philadelphia, picturesque Harrisburg overflows with opportunities for employment, recreation and education. A Hershey chocolate visitor’s center, the Riverfront Park, Harrisburg marathon and dozens of other events keep local families and singles entertained. It’s also a popular town for its affordable home prices and historic homes in close-knit neighborhoods. Many homes here sell for less than $100,000, and there are a variety of homes in higher price ranges too. With all that Harrisburg has to offer, it’s easy to see why the town was named one of the best places to raise a family.
Rent to Own Realtors
An agent serves as a protection for both the buyer and the seller. They can save the buyer and seller a lot of time and money, which could offset the realtor’s commission.
However, not many realtors are interested in helping with lease-options. They make a minimal profit off of the lease portion of the deal, and the profit from the purchase is several years down the line and isn’t guaranteed.
Instead, protect yourself by communicating with lawyers, title agents and mortgage lenders to ensure that your rent to own deal works smoothly.
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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