Rent to Own Homes in Jeffersontown
Jeffersontown is a slow-growing city in northwestern Kentucky that rests less than 15 miles east of Louisville. Interstate 64 runs through northern Jeffersontown, and Interstates 265 and 264 are just east and west of the city. These highways give residents a short commute to Louisville and other cities in the area, including Crestwood, Shelbyville, Taylorsville and Mt. Washington. Residents can easily reach all of these cities plus others for entertainment, employment and recreation opportunities.The below results are primarily rent to own homes in :
Jeffersontown is a slow-growing city in northwestern Kentucky that rests less than 15 miles east of Louisville. Interstate 64 runs through northern Jeffersontown, and Interstates 265 and 264 are just east and west of the city. These highways give residents a short commute to Louisville and other cities in the area, including Crestwood, Shelbyville, Taylorsville and Mt. Washington. Residents can easily reach all of these cities plus others for entertainment, employment and recreation opportunities.The below results are primarily rent to own homes in :
Some of the more prominent attractions in the Jeffersontown area are golf courses and country clubs. This includes Wildwood Country Club, Woodhaven Country Club, Oxmoor Country Club, Hurstbourne Country Club, Valhalla Golf Club and Midland Trail Golf Club. There are also some scenic parks in the area, including Skyview Park, St. Regis Park, Charlie Vettiner Park, Jeffersontown Veterans Memorial Park and Big Beech Woods. The Bluegrass Commerce Park is the center of the Jeffersontown economy. This business and industrial park covers more than 1,800 acres and houses more than 800 businesses. More than 30,000 people work in the park, and it ranks as Kentucky’s largest business park as of 2018. Jeffersontown is a part of Jefferson County and was home to more than 27,000 residents in 2016.
Buying vs. Rent to Own Homes
There are a few situations in which rent to own makes sense when you have the option to purchase. A good situation to rent to own is when you’re not sure about a home you’re looking at buying, and you want to test it out for a bit before making a final decision. This way, you have less money on the line if you change your mind.
Renting to own is also a good option if you’re close to qualifying for financing, but you need a little bit more time to get there.
Renting to own doesn’t trap you in a lease like normal renting does – you can buy the home whenever you’re ready. That’s why it’s the good option if you almost have a large enough down payment, if your credit score is close to where you need it to be or if you just need a little more time at your job to build your job history. It also works when you’re waiting for your old home to sell so that you have the cash to purchase your new home.
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
Rent to Own Labs offers more than free listings for rent to buy houses.
Our website also includes real estate owned properties, which are bank-owned foreclosed homes that didn’t sell at auction. You can buy these types of properties for cheap prices because the bank isn’t in the business of real estate; it’s just looking to get rid of the condo, townhouse, etc. that it has on the book.
Sellers directly list rent to own by owner apartments and houses as lease-option or lease-purchase programs with no credit check. On lease to purchase contracts, the buyer is contractually obligated to buy the home, and on lease to own contracts, the buyer is financially motivated. It doesn’t matter to the seller if you have a bad credit score because they know you have a lot at risk if you don’t buy the home you’re renting to own.
Find properties near me with Rent to Own Labs.
- 40299
- 40269