Rent to Own Homes in Lake Mary
Lake Mary is part of Seminole County and is home to the Seminole State College of Florida. Other attractions in this area of Florida include the Lake Mary Museum, Magnolia Plantation Golf Club, Timacuan Golf Club, Central Florida Paddleboarding, Gander Mountain Academy and the Lake Mary's Farmers Market. There are also many parks, spas, gift shops and bars within city limits. Not only do these attractions keep residents of all ages entertained, but they provide a variety of job opportunities for locals.The below results are primarily rent to own homes in Seminole County, FL:
Lake Mary is part of Seminole County and is home to the Seminole State College of Florida. Other attractions in this area of Florida include the Lake Mary Museum, Magnolia Plantation Golf Club, Timacuan Golf Club, Central Florida Paddleboarding, Gander Mountain Academy and the Lake Mary's Farmers Market. There are also many parks, spas, gift shops and bars within city limits. Not only do these attractions keep residents of all ages entertained, but they provide a variety of job opportunities for locals.The below results are primarily rent to own homes in Seminole County, FL:
Public schools in Lake Mary are provided by the Seminole County Public Schools system, including Lake Mary High School, two middle schools and three elementary schools. Residents also have the option of attending one of the local private schools. There were nearly 14,000 Lake Mary residents in 2010, and the median income per household was a little over $80,000.
Buying a Home in Lake Mary?
You can expect to see prices between $200,000 and $700,000 when looking at homes for sale in Lake Mary. There are many homes listed in the $300,000 to $400,000 range, and the median listing price typically stays within that range as well. The median listing price per square foot is typically under $200, but you can expect to pay at least $100 per square foot even in the more affordable neighborhoods. The average home size for the city is just over 3,000 square feet.
Popular Neighborhoods in Lake Mary
Magnolia Plantation is one of the more exclusive Lake Mary neighborhoods. This is a gated community with a live guard stationed around the clock, and the homes are centered around a championship golf course. Some of the neighborhood amenities include a five-acre park, a swimming pool and a variety of sports fields and courts. Some properties in this community may list in the $500,000s, but there are also some luxury homes that can sell for more than $1 million.
For lower real estate prices, look in the Timacuan Park, Manderley and Hanover Woods neighborhoods. Prices are generally under the $500,000 mark in these communities. Some of the most affordable neighborhoods include Chase Groves, Hills of Lake Mary and Springhurst Park.
Buying vs. Rent to Own Homes?
Are you ready to smile and declare yourself a home owner? You may not think that you're ready to apply for a mortgage loan today, but you may find that you're the perfect candidate for a rent-to-own home in Lake Mary. These properties allow you to rent the home that you will one day own. This is better than throwing your money into a rental property that you have no hope of owning. You can use the rental period however you please as long as you make the sale official before a date designated in your rent-to-own contract.
Lake Mary is located just north of Orlando in central Florida. This is one of the most popular areas for tourists, and residents have access to a long list of outdoor recreation and employment opportunities. From paddle boarding to hiking, the lakes, mountain ranges, nature preserves and parks surrounding the city provide endless fun and entertainment for all ages. While the cost of living in this city is a bit higher than the national average, residents appreciate the beautiful scenery and exciting attractions.
Summary
Lake Mary is located just north of Orlando in central Florida. This is one of the most popular areas for tourists, and residents have access to a long list of outdoor recreation and employment opportunities. From paddle boarding to hiking, the lakes, mountain ranges, nature preserves and parks surrounding the city provide endless fun and entertainment for all ages. While the cost of living in this city is a bit higher than the national average, residents appreciate the beautiful scenery and exciting attractions.
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.
- 32746
- 32795