Rent to Own Homes in Irving
If you want to live outside of the big city while remaining a short commute from Fort Worth and Dallas, the Las Colinas community may fit your needs. This prestigious development is located in Irving and offers a commute time of 15 minutes or less to the Dallas/Fort Worth International Airport. Residents can also reach most areas of Dallas and Fort Worth within 30 minutes, so commuting for employment and entertainment is efficient. Interstate 635 runs along the northern edge of he Las Colinas community, and residents have access to the Las Colinas APT System and the DART Las Colinas Urban Center Station if public transportation is needed.
The below results are primarily rent to own homes in Dallas:
Los Colinas is a northern Texas community that places residents within a short drive of two large cities, two airports and an impressive list of golf courses and country clubs. This region of the state is dotted with beautiful spaces for outdoor recreation, and some large entertainment venues are within a 30-minute drive. The median cost of homes in Las Colinas is often around $400,000 if not a bit higher. The overall cost of living is within 10 percent of state and national averages even with the rising cost of housing.
If you want to live outside of the big city while remaining a short commute from Fort Worth and Dallas, the Las Colinas community may fit your needs. This prestigious development is located in Irving and offers a commute time of 15 minutes or less to the Dallas/Fort Worth International Airport. Residents can also reach most areas of Dallas and Fort Worth within 30 minutes, so commuting for employment and entertainment is efficient. Interstate 635 runs along the northern edge of he Las Colinas community, and residents have access to the Las Colinas APT System and the DART Las Colinas Urban Center Station if public transportation is needed.
Las Colinas is about 10 miles northwest of the Dallas Love Field Airport. This location is in northeastern Texas and is surrounded by open green spaces suitable for outdoor recreation. This includes the Luna Vista Golf Course, MoneyGram Soccer Park, Sam Houston Trail Park, Grapevine Lake, Trammell Crow Park and Vitruvian Park. Attractions within the community include the Cottonwood Valley Golf Course, Las Colinas Country Club, Irving Convention Center and Hackberry Creek Country Club. Most students from Las Colinas attend schools maintained by the Carrollton-Farmers Branch Independent School District. The Highlands School provides a private school alternative.
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
Realtors can qualify buyers to get an idea of when they will be ready to purchase a rent to buy home and inform them on how long to set the lease term, but mortgage officers can do that too.
Banks can make a lot of profit off of a successful mortgage. That’s why mortgage officers will be willing to help you figure out the details of your rent to own deal. However, real estate agents don’t make enough profit off of rent to own deals to justify waiting a few years for the commission.
While real estate agents might be a logical partner in rent to own deals, you’ll have a lot of difficulties finding one to help you. For everything you think you need a realtor for, consider what other types of professionals might be able to help you, like title companies or lawyers.
About Our Listings
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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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Reported Annual Crime In Irving
| Statistic | Irving | Texas | National |
|---|---|---|---|
| Murder | 5 | 1,316 | 15,696 |
| Rape | 37 | 12,250 | 124,047 |
| Robbery | 213 | 8,925 | 327,374 |
| Assault | 266 | 31,934 | 764,449 |
| Violent Crime | 521 | 113,227 | 1,197,704 |
| Burglary | 1 | 777,739 | 1,579,527 |
| Theft | 4 | 153,054 | 5,706,346 |
| Vehicle Theft | 633 | 557,200 | 707,758 |
| Property Crime | 6 | 67,727 | 7,993,631 |