Rent to Own Homes in Keithville
You can find the unincorporated area of Keithville off U.S. route 171 in the northwestern corner of Louisiana. This area is approximately 15 miles south of Shreveport and about the same distance from the Red River National Wildlife Refuge. Residents can reach many cities in northeastern Texas from this community, including Marshall and Tyler. This gives residents easy access to multiple larger cities for entertainment, outdoor recreation and employment opportunities.The below results are primarily rent to own homes in :
You can find the unincorporated area of Keithville off U.S. route 171 in the northwestern corner of Louisiana. This area is approximately 15 miles south of Shreveport and about the same distance from the Red River National Wildlife Refuge. Residents can reach many cities in northeastern Texas from this community, including Marshall and Tyler. This gives residents easy access to multiple larger cities for entertainment, outdoor recreation and employment opportunities.The below results are primarily rent to own homes in :
Some of the biggest attractions in the Keithville area include the Meadow Lake Golf Club, Bluebird Hill Airport, Keithville Community Park and Wallace Lake. Residents also have access to a variety of attractions scattered throughout the surrounding Caddo Parish. This includes many large employers in Shreveport like Barksdale Air Force Base, Caddo Parish School Board, Willis Knighton Health System and the Louisiana Department of Civil Service. Other major employers for the parish include University Health, Christus Schumpert Highland Hospital, Teleperformance Incorporated and the City of Shreveport. In 2016, there were more than 11,000 people living within the Keithville unincorporated area. Many of those residents appreciate living in a smaller, quieter community while enjoying a short commute to the larger economic center of Shreveport. All students attend public schools maintained by the Caddo Parish School Board, including Keithville Middle School and Keithville Elementary School.
Buying vs. Rent to Own Homes
To buy a house, you (1) look at the homes available for purchase, (2) pick the house you want, (3) pay the seller the cost of the home and (4) you get the house. That’s the basic gist of the traditional home buying process.
All the steps of the traditional home buying process are present in the rent to own process. The difference is that renting to own has an additional step between Step 2 and Step 3. Step 2.5 is to rent the home for a maximum of three years until you are ready to continue to Step 3.
During Step 2.5, you’re working on improving your credit score, building a steady job history and saving up a down payment so that you can qualify for financing. Once you have financing, you can move on to Step 3.
Rent to own is a good way to prepare for buying a property. Once you do buy, you won’t have to spend money on rent any longer. So, the sooner you can buy, the better.
Rent to Own Realtors
Realtors have more experience with closings and real estate contracts than the typical buyer or seller, but not many of them want to work with rent to own deals. A commission from the sale of a home is much larger than the commission a realtor will receive from rent for the first few years of a lease-option deal.
Instead, visit title companies to make sure the property is eligible for rent to own, consult with a lawyer to ensure that the contract benefits you and meet with a mortgage broker to find out when the buyer will be ready to close on the home.
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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