Rent to Own Homes in Iva
Iva is a small berg of 1,218 residents who appreciate small-town living... Read More
Iva is a small berg of 1,218 residents who appreciate small-town living in rural South Carolina. The Southern Anderson County town encompasses .9 square miles and lies between the Savannah River and Lake Secession.The below results are primarily rent to own homes in :
Iva is a small berg of 1,218 residents who appreciate small-town living... Read More
Iva is a small berg of 1,218 residents who appreciate small-town living in rural South Carolina. The Southern Anderson County town encompasses .9 square miles and lies between the Savannah River and Lake Secession.The below results are primarily rent to own homes in :
According to the United States Census Bureau, there are 501 households in Iva with a family median income of $34,432. Residents’ ages are fairly balanced, with about 21 percent of the population under the age of 18, a quarter of the population between the ages of 25 and 44, 21 percent between the ages of 45 and 64 and 24 percent 65 years old or older. The only age grouping that comprises less than 20 percent of the population, according to the United States Census, is the group of residents between the ages of 18 and 24. This group makes up only a little more than 7 percent of the population. The town of Iva has a colorful downtown, where arts and culture thrive and locals gather. Some popular downtown activities include Summer Nights concerts, Crescent High School Homecoming Parades, Chili Cook-Offs, Depot Day Heritage Celebration and Iva Farmers Markets. The Anderson County town also boasts a public library, an elementary school and REVIVA Museum and Visitors Center. The town’s Antique Body Shop offers activities, recreation and social networks for the town’s senior community.
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
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
Rent to Own Labs offers free listings for rent to own by owner, foreclosed homes and owner financed properties. Start looking for apartments or houses near me with the Rent to Own Labs search function.
These programs are a great way to buy a condo or townhouse if you have bad credit. In fact, lease purchase and rent to buy programs usually offer cheap homes with no credit check. Just make sure you look at your lease to purchase agreement to understand whether you have the option or obligation to buy the home you’re looking at. Lease-purchase agreements require the buyer to purchase by the end of the lease term, while lease-option agreements give the buyer the option to buy.
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