Rent to Own Homes in Holden
Holden is a small village approximately 50 miles southeast of Kansas City in the western region of Missouri. This area is approximately 40 miles east of the Missouri-Kansas state line and gives residents a short commute to Lee’s Summit, Harrisonville, Clinton, Warrensburg and other small or mid-sized cities in this area of the state. Some of the biggest attractions in this region of Missouri include Powell Gardens, Lance Museum, Johnson County Historical Society, Lone Jack Battlefield Museum and Soldier’s Cemetery, Blind Boone Park and Cave Hollow Park.The below results are primarily rent to own homes in :
Holden is a small village approximately 50 miles southeast of Kansas City in the western region of Missouri. This area is approximately 40 miles east of the Missouri-Kansas state line and gives residents a short commute to Lee’s Summit, Harrisonville, Clinton, Warrensburg and other small or mid-sized cities in this area of the state. Some of the biggest attractions in this region of Missouri include Powell Gardens, Lance Museum, Johnson County Historical Society, Lone Jack Battlefield Museum and Soldier’s Cemetery, Blind Boone Park and Cave Hollow Park.The below results are primarily rent to own homes in :
The Village of Holden was named in honor of Major Nathaniel Holden and was established in 1857. Carrie Nation was an advocate against saloons and a school teacher who served as one of the most noteworthy residents in the village’s early days. There were approximately 60 residents living within the village in 1860. The population grew to more than 1,000 by 1870 and was over 2,000 by 1880. In 2016, there were approximately 2,200 residents. Today, Holden is a part of Johnson County and is served by the Holden R-III School District. This public school system includes Holden High School, one middle school and one elementary school. The Trails Regional Library system maintains a public library in the Holden community.
Buying vs. Rent to Own Homes
Rent to own gives you anywhere between a few months and three years time to prepare for buying a home. It’s more costly than buying outright because you’ll be paying rent to the owner instead of building equity by paying off the mortgage; but, it’s much better than renting because you have the option to buy and stop the rent payment process whenever you’re ready.
Lease-options help set you up for a home purchase in the not-so-distant future.
That’s not to say that because you aren’t ready to buy you should rent to own. If you need more than three years before you’re ready to purchase a home, you shouldn’t rent to own. Instead, you should wait until you’re at least less than three years away from qualifying to buy a home before signing your lease-option because, if the lease term ends and you’re not ready to buy, you’ll lose the money you invested in an option fee and any other money you’ve negotiated from the seller.
Rent to Own Realtors
Using a realtor for your rent to own deal can offer great benefits. Agents are well versed in real estate so they can effectively communicate opportunities and discern which of those opportunities is a legitimately good deal.
Nonetheless, not a lot of realtors will want to help with your rent to own deal because upfront profit for a realtor is minimal and the big payout down the line is not a guarantee.
That means you’ll have to do a little research to ensure that you make the best decisions, but you will save money on commission.
About Our Listings
It’s in the bank’s best interest to avoid foreclosed homes because they end up having to sell them cheap to recoup lost money. So, they try to play it safe with mortgage approvals by steering clear of people with bad credit.
That doesn’t help someone who’s working on getting their credit together to buy a condo or a townhouse. Nonetheless, rent to buy programs can help people work toward purchasing houses and apartments with no credit check.
The free listings on our site are usually rent to own by owner, so deals are more reasonable and trustworthy than big company lease to purchase properties are. Whenever you’re ready just look for lease-option or lease-purchase homes near me on the Rent to Own Labs website.
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