Rent to Own Homes in Lithia Springs
Lithia Springs is a census-designated place located off Interstate 20 in northwestern Georgia. This location is just north of Sweetwater Creek State Park and less than 10 miles west of Six Flags Over Georgia. Other attractions in this region of the state include Taylor Farm Park, Atlanta West Campground, Woodrow Wilson Park, Vaughn Lake, Deer Lick Park and Douglas County Dog and Skate Park. Stillwater Creek runs through the eastern edge of Lithia Springs CDP, and Groovers Lake is toward the area’s southwestern corner.The below results are primarily rent to own homes in :
Lithia Springs is a census-designated place located off Interstate 20 in northwestern Georgia. This location is just north of Sweetwater Creek State Park and less than 10 miles west of Six Flags Over Georgia. Other attractions in this region of the state include Taylor Farm Park, Atlanta West Campground, Woodrow Wilson Park, Vaughn Lake, Deer Lick Park and Douglas County Dog and Skate Park. Stillwater Creek runs through the eastern edge of Lithia Springs CDP, and Groovers Lake is toward the area’s southwestern corner.The below results are primarily rent to own homes in :
Lithia natural spring water was the root of the unincorporated community now known as Lithia Springs, Georgia. The water came from a natural spring in the area, and visitors came from surrounding communities to immerse themselves in the healing power of Lithia Spring water. The population grew once investors purchased the spring and started bottling the water for financial profit. There were approximately 3,200 people living in Lithia Springs in 1999, and the population was close to 15,500 residents by 2010. Lithia Springs has unified as an incorporated city two times, only to break up into an unincorporated community each time. The area is served by the Douglas County School System, which includes Lithia Springs High School and Lithia Springs Elementary School.
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
Using a realtor for your rent to own deal can offer great benefits. Agents are well versed in real estate so they can effectively communicate opportunities and discern which of those opportunities is a legitimately good deal.
Nonetheless, not a lot of realtors will want to help with your rent to own deal because upfront profit for a realtor is minimal and the big payout down the line is not a guarantee.
That means you’ll have to do a little research to ensure that you make the best decisions, but you will save money on commission.
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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