Rent to Own Homes in Holland
The Village of Holland is tucked onto the northern edge of Ohio, approximately 10 miles south of the Ohio-Michigan state line. This location is about 10 miles west of Toledo, five miles north of Maumee and 30 miles south of Grand View, Michigan. This places residents within a one-hour drive of many scenic attractions on the southern shoreline of Lake Erie, including Reno Beach, Maumee Bay State Park and Cedar Point National Wildlife Refuge.The below results are primarily rent to own homes in :
The Village of Holland is tucked onto the northern edge of Ohio, approximately 10 miles south of the Ohio-Michigan state line. This location is about 10 miles west of Toledo, five miles north of Maumee and 30 miles south of Grand View, Michigan. This places residents within a one-hour drive of many scenic attractions on the southern shoreline of Lake Erie, including Reno Beach, Maumee Bay State Park and Cedar Point National Wildlife Refuge.The below results are primarily rent to own homes in :
Some of the biggest attractions in the Holland area include the McDivots Golf Center, C.Y.O. Athletic Complex, Bear Creek Park and Homecoming Park. This region of Ohio was originally known as Drakes and later became Hardy before its final transition to Holland. This name was likely given due to massive ditches present in the area around the 1850s. Many believed they resembled the Holland canals. Holland started with fewer than 100 residents in 1880, but the population grew to more than 1,000 residents by 1970. There were more than 1,700 residents by 2010, and around 1,600 residents were reported in 2016. Residents are now served by Springfield Public Schools, and the village is home to one high school. Elementary and middle school students travel to schools in surrounding communities.
Buying vs. Rent to Own Homes
Rent to own is a great option for people who want to buy a house, but are still working on getting the financing for it. People who are anywhere between a few months and three years away from qualifying for financing should consider rent to own.
Unlike renting, you don’t have to keep making rent payments for the full lease term. Once you’re able to close, you have the right to do that.
Rent to own is very similar to buying, in that buying is the end result of a successful rent to own deal.
The primary difference between the two is that rent to own takes longer than buying, which is the advantage of rent to own. It gives buyers time to get their finances in order to buy a home while not getting trapped into a lease term.
Rent to Own Realtors
Working with a realtor doesn’t guarantee that you will successfully complete a rent to own deal, but their knowledge and expertise can make a big difference in your success rate.
Unfortunately, not many realtors will want to work with you on a rent to own deal. There isn’t a lot of profit for a realtor in rent to own deals.
So, you’ll need to find others with the knowledge and expertise you are looking for to ensure a successful lease-option experience. Consider consulting with a realtor, a title company and a mortgage officer instead. These professionals are better than a realtor because they are experts in their respective fields, as opposed to realtors who know a good deal about each of those rent to own factors.
About Our Listings
Financially, buying apartments, houses or any other types of properties makes sense when compared to renting. You're paying roughly the same amount per month for your mortgage that you would to rent the same type of home. However, there are obstacles that make that process difficult to attain, like minimum down payments and bad credit. Those barriers prevent banks from ending up having to sell foreclosed homes.
Nonetheless, those barriers shouldn’t stop you from owning your own condo or townhouse. Through rent to buy and lease to purchase programs with no credit check, you could start working toward owning a house.
A lot of people who rent to own by owner take advantage of Rent to Own Lab’s free listings. Search our website for cheap lease-purchase or lease-option properties near me and see if rent to own could be the right option.
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