Rent to Own Homes in Hazelwood
Hazelwood is located in eastern Missouri, approximately 17 miles northwest of St. Louis. This St. Louis County city is vibrant and growing, with more than 1,000 businesses within its limits. It is rather populous, with a population density of nearly 1,600 people per square mile. According to the United States Census Bureau, the population of Hazelwood is more than 25,000 residents.The below results are primarily rent to own homes in :
Hazelwood is located in eastern Missouri, approximately 17 miles northwest of St. Louis. This St. Louis County city is vibrant and growing, with more than 1,000 businesses within its limits. It is rather populous, with a population density of nearly 1,600 people per square mile. According to the United States Census Bureau, the population of Hazelwood is more than 25,000 residents.The below results are primarily rent to own homes in :
The United States Census Bureau reports the average household size in Hazelwood at 2.38 persons per household. Sources report the average family size as somewhat larger, at three people per family. Lambert - St. Louis International Airport is located just south of Hazelwood, taking jet-setting residents wherever they need to go. Hazelwood is also well-connected to St. Louis and surrounding suburbs by an extensive network of surface streets, highways and interstates. Children living in Hazelwood may attend Hazelwood School District as a public school option. The district consists of 20 elementary schools, six middle schools and three high schools. Hazelwood West High School is the only district high school located within the Hazelwood city limits. Hazelwood is known as the United Pentecostal Church International headquarters. The Urshan School of Theology, directed by the United Pentecostal Church, is located in Hazelwood.
Buying vs. Rent to Own Homes
Renting to own a home is like a test drive for buying a house. It’s comparable to the car dealership letting you drive out of the lot with the car that you want (after you pay a small option fee) and telling you to come back when you have the money to pay the full price of it, as long as it is within the lease term. Then you make monthly lease payments until you’re ready to buy it.
You should lease-option when you’re close to getting financing for the home you’re looking to purchase, but need a bit more time (1-3 years) before you’re ready. And if you’re unsure about the house, you have more time to consider it from a more personal perspective.
Similarly to test driving a car, once you’re sure that this is the house you want and you have the money to purchase it, you should buy it as soon as possible. There’s no sense in paying rent money for longer than you need to. Rent to own also gives you the flexibility to close on a home whenever you’re ready to. It’s a mix of the best parts of renting and buying.
Rent to Own Realtors
You can plan a party without an event planner, you can go swimming without a lifeguard, and you can rent to own without a realtor.
That’s important because there isn’t as much money for realtors in rent to own deals as in traditional sales. Therefore, finding a realtor to help you is rare.
While the listed activities might be easier with a professional, they’re all possible without one. To successfully rent to own without a realtor learn all you can about it.
About Our Listings
Lease-purchase programs offer sellers more certainty than traditional rent to buy because buyers are contractually obligated to buy the condo, townhouse or house by the end of the lease term. Normally, rent to own by owner means the buyer has the option to buy and the seller has the obligation to sell.
Lease-options are more convenient for buyers. However, buyers and sellers may work out lease to purchase deals for houses and other properties when the seller is overlooking a bad credit score or a small option fee. The requirement for buyers to purchase properties makes sellers feel more comfortable leasing with no credit check because they don’t have to worry about whether buyers will opt out.
If you’re interested in looking for apartments for lease option, check out our free listings by searching for properties near me. We showcase more than just rent to own. Use our site to find cheap foreclosed homes or owner financing.
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