Rent to Own Homes in Lincolnton
The courthouse was the center of community and economic life... Read More
The courthouse was the center of community and economic life and remains one of the many historical buildings in Lincolnton. The Lincolnton Commercial Historic District is one of many buildings listed as national historic places. Other prominent Lincolnton attractions include Miller Observatory and parks like Highland Drive Park and Betty G. Ross Park. These parks are maintained by the Lincolnton Recreation Department.The below results are primarily rent to own homes in Lincoln County, NC:
The courthouse was the center of community and economic life... Read More
The courthouse was the center of community and economic life and remains one of the many historical buildings in Lincolnton. The Lincolnton Commercial Historic District is one of many buildings listed as national historic places. Other prominent Lincolnton attractions include Miller Observatory and parks like Highland Drive Park and Betty G. Ross Park. These parks are maintained by the Lincolnton Recreation Department.The below results are primarily rent to own homes in Lincoln County, NC:
There are now more than 10,000 residents claiming Lincolnton as home. Families with children are served by a large public school system that includes more than five elementary schools, four middle schools and four high schools. This includes popular schools like Lincolnton High School and Pumpkin Center Elementary. Parents may also choose to send their children to the Lincolnton Charter School. For higher education, residents have access to the Lincolnton campus of Gaston College.
Buying a Home in Lincolnton?
While the median listing price for homes in Lincolnton can get close to $150,000 at times, the median home value for the city is much closer to $100,000. The median price per square foot is typically under $100, but there are homes that will demand a slightly higher price. The median home size is around 1,700 square feet, so you may have to look a bit harder if you want to purchase a large single-family home with more square footage. There are homes in some rural areas that will give you some acreage and more privacy.
Popular Neighborhoods in Lincolnton?
Goodsonville is a popular Lincolnton neighborhood located toward the center of town. It falls mostly east of Buffalo Shoals Road, west of Asbury Church Road, south of Shuford and Old Mill Roads and north of Keener Road. The median listing price for homes in this community often gets close to $200,000, and the homes are a mix of single-family houses and mobile homes.
Another popular neighborhood is located east of highway 180. Known as Pumpkin Center, this is one of the best areas for families interested in community parks and the best public schools. You can expect to see real estate prices above $150,000 in this area, but there are some homes that are a bit more affordable.
Buying vs. Rent to Own Homes?
Why continue renting when you can move into a rent-to-own home in Lincolnton? These properties offer a unique contract that starts out with a rental agreement. During the rental period, you have the right to improve your financial status so that you have a better chance of securing a low interest rate when you apply for a mortgage loan. You must follow through with the purchase of the home prior to the end of your contract.
Lincolnton is a small town in western North Carolina with fewer than 15,000 residents. The city is home to an active YMCA and a series of community parks in addition to a large school system with four high schools and four middle schools. The city is located a short drive from larger cities with a variety of entertainment and employment opportunities, including Charlotte, Gastonia and Concord.
Summary
Lincolnton is a small town in western North Carolina with fewer than 15,000 residents. The city is home to an active YMCA and a series of community parks in addition to a large school system with four high schools and four middle schools. The city is located a short drive from larger cities with a variety of entertainment and employment opportunities, including Charlotte, Gastonia and Concord.
Rent to Own Realtors
Working with a realtor doesn’t guarantee that you will successfully complete a rent to own deal, but their knowledge and expertise can make a big difference in your success rate.
Unfortunately, not many realtors will want to work with you on a rent to own deal. There isn’t a lot of profit for a realtor in rent to own deals.
So, you’ll need to find others with the knowledge and expertise you are looking for to ensure a successful lease-option experience. Consider consulting with a realtor, a title company and a mortgage officer instead. These professionals are better than a realtor because they are experts in their respective fields, as opposed to realtors who know a good deal about each of those rent to own factors.
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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