Rent to Own Homes in Holt
Holt is an unincorporated community located just south of Michigan State University in southern Michigan. Lansing is about 10 miles to the north and gives residents easy access to a variety of job opportunities plus entertainment venues like the Potter Park Zoo, Lansing Country Club and Hawk Island Park. There are also a variety of outdoor recreation points within or close to Holt, including the Eldorado Golf Club, Kiwanis Park, Valhalla Park, Willoughby Park and Chisholm Hills Golf Club.The below results are primarily rent to own homes in :
Holt is an unincorporated community located just south of Michigan State University in southern Michigan. Lansing is about 10 miles to the north and gives residents easy access to a variety of job opportunities plus entertainment venues like the Potter Park Zoo, Lansing Country Club and Hawk Island Park. There are also a variety of outdoor recreation points within or close to Holt, including the Eldorado Golf Club, Kiwanis Park, Valhalla Park, Willoughby Park and Chisholm Hills Golf Club.The below results are primarily rent to own homes in :
The census-designated place (CDP) of Holt was originally known as Delhi Center. There were close to 12,000 people residing within the community in 1990, and the population grew to nearly 24,000 residents by 2010. The community grew substantially when Five Corners was incorporated into the CDP. While there are some small businesses within the community, most residents commute to Lansing and other nearby cities for employment opportunities as well as education, recreation and entertainment options. Holt is a part of Delhi Charter Township, and residents are served by Holt Public Schools. Most students attend Holt High School, but children may commute to surrounding communities for elementary and middle school education. The community covers approximately 16 square miles, which is mostly dry land.
Buying vs. Rent to Own Homes
If you’re looking to purchase a home, you could fall into three categories: ready to buy, ready to rent to own and rent a bit longer. Buying is your best option, so if you’re ready, you should. Rent to own is also a good option because it sets you on course to buy a property soon.
If you’ll be ready to buy a property within the next three years, rent to own is the right option for you. Your lease term should be at least six months longer than how much time you need to qualify for financing; that way, you have some buffer room in case something goes wrong. Whenever you are ready, you can close on the home and start building equity on it.
If it’s going to take more than three years for you to qualify for financing, keep renting until you’re less than three years away. Just because rent to own isn’t right for you now doesn’t mean it won’t be in the future.
Rent to Own Realtors
Realtors are highly skilled at informing potential buyers and prospective sellers about rent to own. A realtor can help find the second half of the deal you have been searching for.
Unfortunately, not many realtors are interested in rent to own because there isn’t a lot of money for them in the process. In the past, that would constitute a serious roadblock to rent to own; however, there are plenty of websites available for buyers and sellers to find each other.
Completing your rent to own deal without a realtor could save the seller a lot of money on commission. That gives the seller some wiggle room on the sale price, which attracts even more buyers.
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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