Rent to Own Homes in LaGrange
Locally owned commercial and residential utilities re-invest profits into city services as an alternative to property taxes. The city is home to over 24 businesses from around the world, including many suppliers of the nearby Kia auto-manufacturing plant. It has been ranked as the No. 1 "micropolitan" area in Georgia and an excellent place for business investment.
Along with high-powered economic activity, the city also offers a lot for families and outdoor enthusiasts. It will soon be host to a Great Wolf Lodge water park and family report, and it is very close to West Point Lake, a great spot for swimming, fishing and boating.
Preschool to grade 12 education is handled by the Troup County School System, which includes 15 elementary schools, three middle schools, and three high schools: Callaway High School, LaGrange High School, and Troup County Comprehensive High School. The city is also host to West Georgia Technical College and LaGrange College, the oldest private college in Georgia.
Buying a Home in LaGrange?
LaGrange is conveniently located right along Interstates 85 and 185, with a direct route northeast to Atlanta along 85. With growing economic activity and family-friendly communities, it is an attractive, affordable place to buy a home. The median price of a pre-owned home in the city is $82,000, while the average price of a new home is $175,250. The median valuation of a home in the city is $99,100. Home values went up over the past few years and are expected to continue to increase in the coming years.
Popular Neighborhoods in LaGrange?
LaGrange's downtown is bustling and active. The city center is safe and active, and close to LaGrange College. An arts district is growing in the downtown, including the Lamar Dodd Art Center and the Chattahoochee Valley Art Museum. The Abbotsford/Antioch neighborhood, on the northwest side of town, has great schools and a small-town, family-friendly vibe. Lees Crossing neighborhood is home to LaGrange College, a well-regarded private college with a renowned drama theater hosting plays, symphonies and ballets.
Buying vs. Rent to Own Homes?
Whether you're coming to LaGrange for a job opportunity or relocating to be close to family, you may want to put down roots but feel unprepared for homeownership now. If you are going to purchase a home, it's important to maximize your credit score for the best mortgage rates and be prepared with your full down payment. If you're ready to achieve the dream of homeownership but need a little bit of time to handle your credit score and save up for your down payment, a rent to own home may be a good choice for you. You'll make an agreement to buy the home at the end of a specified period, and you'll contribute to the purchase price with your monthly rent.
Cost of Living in LaGrange?
Residents of LaGrange enjoy a significantly lower cost of living than the United States average. Housing costs, at only 56 percent of the national rate, play a major role in this accessible, affordable cost of living. Overall, the cost of living in LaGrange is 14 percent less than the U.S. national average, and utilities and groceries are savings centers alongside the cost of housing. Transportation and health costs sit right around the U.S. average.
Renowned for its small-town feel, LaGrange enjoys excellent schools, libraries and public services. With LaGrange College in the city center, the city has a variety of cultural, artistic and entertainment options to choose for individuals and families. Home to bustling economic activity and growing business investment, West Point Lake and other family-friendly options, LaGrange can be a great choice for a family home.
Summary
Renowned for its small-town feel, LaGrange enjoys excellent schools, libraries and public services. With LaGrange College in the city center, the city has a variety of cultural, artistic and entertainment options to choose for individuals and families. Home to bustling economic activity and growing business investment, West Point Lake and other family-friendly options, LaGrange can be a great choice for a family home.
Rent to Own Realtors
Rent to own is beneficial to both buyers and sellers, but that’s not common knowledge. A lot of people look to realtors as a credible source of information for their counterpart in a rent to own deal about the benefits of the program.
However, you likely won’t find a realtor who is interested in helping you. There’s not a lot of profit for realtors in rent to own deals.
Instead, you’ll have to become a credible expert on the process yourself. Honestly, that’s not a bad thing. It’s better that you know everything you need to about the process you’re investing so much time and money into.
About Our Listings
The free listings for rent to own by owner properties on this website make it easier for buyers to find rent to buy programs near me online.
Rent to buy is a good way to sell apartments or houses when the market isn’t particularly active. It’s certainly a more profitable alternative than selling them for cheap prices.
You can choose to lease-option or lease-purchase a condo, townhouse, etc – anything other than foreclosed homes works. In a lease-option, the buyer has the option to buy the home, but in a lease-purchase, the buyer must buy it.
It’s important to note that lease to purchase deals usually come with no credit check because bad credit is the tenant’s responsibility. If the tenant cannot purchase the home at the end of the lease, the seller keeps their rent and option fee. Then, the seller can find another buyer and, hopefully, market conditions are better.
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