Rent to Own Homes in Lawton
The Lawton area is largely dependent on the Fort Sill Military Reservation for economic support, but the city is also developing job opportunities in a few key industries. For example, there are many jobs available in manufacturing, healthcare and higher education. Oklahoma City is less than 90 miles to the southeast, so many residents will travel to that larger city for entertainment as well as mini vacations. Families living in Lawton are served by the Lawton Public Schools system, and the Lawton City Council is responsible for maintaining a safe city for all residents.
While many mid-sized cities are dependent on larger nearby cities for entertainment, Lawton has an impressive cultural center. This includes the Historic Mattie Beal Home and Fort Sill National Historic Landmark and Museum. There are also many opportunities for outdoor recreation in the city. Residents can spend the day at the Comanche Nation Waterpark or add a little excitement to their lives by going for a hike or mountain climbing session.
Buying a Home in Lawton?
Lawton has a healthy real estate market with homes of all sizes up for sale at any given time. The median sales price is often less than $120,000, and buyers are often successful when negotiating prices lower than the asking price. If you're searching for a home in a safe neighborhood that will cost you less than $100 per square foot, this is one city where you can easily make it happen.
If you hope to move into a neighborhood that is close to some of the best Lawton schools, look to the areas around Macarthur Middle School or any of the three elementary schools. All three high schools in the city receive average ratings.
Popular Neighborhoods in Lawton?
One of the most popular neighborhoods in Lawton is called Stonegate. Its located near Stonegate Place, and there are many homes selling for less than $250,000 in the area. You'll also find some larger homes that can sell for up to $600,000, but those homes are newer constructions that come with many upscale amenities. Other popular neighborhoods are positioned close to the city's hospitals. Those areas are popular with nurses, doctors and other workers commuting to the hospitals on a routine basis.
Buying vs. Rent to Own Homes?
Perhaps you're dreaming of owning a home in Lawton, but you can't make that your reality until you're ready to secure financing. While that can take some time, you don't necessarily have to wait it out impatiently. You can find a Lawton rent-to-own home rather than following the traditional path to home ownership. This is a unique home-buying agreement that starts out with a rental phase. The time you spend renting allows you to prepare for the home financing process, and you can purchase the home when you're ready. While this may take longer, you get to live in your new home while you're preparing to officially purchase the property.
Cost of Living in Lawton?
The cost of housing in Lawton can drop up to 40 percent lower than the national average, and that has a powerful influence on the city's overall cost of living. Residents typically pay 10-15 percent less than national average overall, and that includes higher-than-average prices in the transportation industry. While groceries and everyday goods and services are close to national-average prices, this is still a city where you can live comfortably without a sizable budget.
Lawton, Oklahoma, is one of those cities where you can live comfortably with your family without spending thousands of dollars per month on housing or utilities. The reasonable cost of living is attractive to many families with children, and there are public and private schools available to meet the educational needs of all kids in the area. The town is also appealing to many adults living a single lifestyle due to the active nightlife complete with multiple casinos. While this city is largely dependent on the local military base, jobs are also opening up in manufacturing and other select fields.
Summary
Lawton, Oklahoma, is one of those cities where you can live comfortably with your family without spending thousands of dollars per month on housing or utilities. The reasonable cost of living is attractive to many families with children, and there are public and private schools available to meet the educational needs of all kids in the area. The town is also appealing to many adults living a single lifestyle due to the active nightlife complete with multiple casinos. While this city is largely dependent on the local military base, jobs are also opening up in manufacturing and other select fields.
Rent to Own Realtors
Most realtors aren’t going to want to work with a client looking for a rent to own deal. The upfront profit for a realtor is minimal, and the largest chunk of the commission isn’t guaranteed – even after the contract is signed. Successful rent to own deals make the bulk of commission for realtors as far as three years in the future.
Good realtors know that if they’ve done their job qualifying and showing a buyer options that meet their tastes and budgets, a rent to own deal has a great chance of success. But good realtors are rare.
Instead of using a realtor, learn about rent to own yourself and meet with professionals in the title, mortgage and legal industries to increase your chances of success.
About Our Listings
It’s in the bank’s best interest to avoid foreclosed homes because they end up having to sell them cheap to recoup lost money. So, they try to play it safe with mortgage approvals by steering clear of people with bad credit.
That doesn’t help someone who’s working on getting their credit together to buy a condo or a townhouse. Nonetheless, rent to buy programs can help people work toward purchasing houses and apartments with no credit check.
The free listings on our site are usually rent to own by owner, so deals are more reasonable and trustworthy than big company lease to purchase properties are. Whenever you’re ready just look for lease-option or lease-purchase homes near me on the Rent to Own Labs website.
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