Rent to Own Homes in Hickory
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Today, these furniture and textile industries are joined by fiber-optic cable companies and data centers employing thousands of locals. Local transportation, government and services are robust too. Getting around the region is easy with Interstate 40 and the convenience of Hickory Regional Airport. Residents are kept safe with responsive public servants, including the Hickory Fire Department, Hickory Police Department and Hickory Public Works Department.The below results are primarily rent to own homes in Catawba County, NC:
Today,... Read More
Today, these furniture and textile industries are joined by fiber-optic cable companies and data centers employing thousands of locals. Local transportation, government and services are robust too. Getting around the region is easy with Interstate 40 and the convenience of Hickory Regional Airport. Residents are kept safe with responsive public servants, including the Hickory Fire Department, Hickory Police Department and Hickory Public Works Department.The below results are primarily rent to own homes in Catawba County, NC:
The Hickory area’s bountiful public services and industries aren’t the only reasons the city was named one of the country’s most livable cities though. Locals appreciate the city’s ample recreation, entertainment and heritage. Whether you enjoy fishing on Lake Hickory, cheering on the local minor league baseball team, seeing a budding NASCAR star or strolling Hickory Southwest Downtown Historic District, life is fun in Hickory.
Buying a Home in Hickory?
House hunters looking for variety and affordability find them both in Hickory. At any given time, about 100 single family homes and condos are for sale in the Hickory area. While the average selling price of $199,693 increased slightly in the past year, many Hickory homes are still bargains. Half the homes on the current market sell for less than $166,000, and there are several spacious homes and condos listed for less than $100,000. This wide range of home prices gives prospective homebuyers plenty of opportunity and choice.
Popular Neighborhoods in Hickory?
Hickory has many excellent neighborhoods featuring nice homes on shady streets. If you’re looking for generously sized lots and pretty homes, consider northern and central neighborhoods. Northlakes homes in northern Hickory offers private lake access and recreation areas with homes ranging from $200,000 to $300,000. More centralized, Huntington Forest showcases beautifully kept homes near Hampton Heights Golf Course. These homes are close to shopping and dining, and they are affordable at $100,000 to $200,000. If you dream of waterfront living, Lake Hickory neighborhoods like Olde Mill Landing and Crystal Falls are good choices. They’re close to marinas, shops and schools, and they boast incredible views. These homes range from $300,000 to more than $800,000.
Buying vs. Rent to Own Homes?
If you want to accelerate your path to homeownership, consider a rent to own arrangement. Renting to own offers greater flexibility, convenience and affordability than a conventional home purchase. With a rent to own home, you won’t have to arrange a mortgage right away; that usually comes at the end of the rent to own contract period. You have time to build up a down payment, and you can usually move into your new home right away. Best of all, you’ll usually partner with the home’s seller to coordinate the process, giving you greater control of the timing and financing.
Cost of Living in Hickory?
House hunters looking for an affordable hometown find plenty of savings in Hickory. Buying a home or renting an apartment here is very economical, costing 31 percent less than in other American towns. Hickory locals also pay 8 percent less on utilities, 5 percent less on transportation and 4 percent less on health care than the average American. While groceries may cost 4 percent more in Hickory than the national average, the overall expense of living here is 12 percent cheaper than in other cities.
Named by Readers Digest as the 10th best place in America to live and raise a family, there’s plenty to love about Hickory. Nestled in the foothills along the Catawba River and Lake Hickory, the city is scenic and recreation-rich. Its neighborhoods are equally picturesque, located on tree-lined streets in the central and northern regions. Living in these charming neighborhoods is affordable for homebuyers of nearly all income levels since the city’s homes cost only 69 percent of the national average. Other living expenses are low, too, so families, retirees and singles can easily build their lives here comfortably even on tight budgets.
Summary
Named by Readers Digest as the 10th best place in America to live and raise a family, there’s plenty to love about Hickory. Nestled in the foothills along the Catawba River and Lake Hickory, the city is scenic and recreation-rich. Its neighborhoods are equally picturesque, located on tree-lined streets in the central and northern regions. Living in these charming neighborhoods is affordable for homebuyers of nearly all income levels since the city’s homes cost only 69 percent of the national average. Other living expenses are low, too, so families, retirees and singles can easily build their lives here comfortably even on tight budgets.
Rent to Own Realtors
Realtors have more experience with closings and real estate contracts than the typical buyer or seller, but not many of them want to work with rent to own deals. A commission from the sale of a home is much larger than the commission a realtor will receive from rent for the first few years of a lease-option deal.
Instead, visit title companies to make sure the property is eligible for rent to own, consult with a lawyer to ensure that the contract benefits you and meet with a mortgage broker to find out when the buyer will be ready to close on the home.
About Our Listings
When you’re looking for your first townhouse or condo, you learn pretty quickly that it’s difficult to secure financing for houses when you have bad credit. However, you can find properties, like apartments, in our free listings that might meet your needs.
Our database includes free listings for cheap properties available for lease-purchase, rent to own by owner, foreclosed homes and owner financing. Many of these programs will work with you with no credit check.
The convenient part of rent to buy and lease to purchase agreements is that they give buyers time to prepare to purchase a home by saving up a down payment and improving their credit score. Owner financing often has less stringent requirements than conventional financing. Search for properties near me to find the program that’s most convenient.
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