Rent to Own Homes in Loris
Loris, South Carolina is located approximately 30 miles north of Myrtle Beach in Horry County. It is close to the border of North Carolina and South Carolina, being only seven miles south of Tabor City, North Carolina. This small city has a population of 2,600 residents.The below results are primarily rent to own homes in :
Loris, South Carolina is located approximately 30 miles north of Myrtle Beach in Horry County. It is close to the border of North Carolina and South Carolina, being only seven miles south of Tabor City, North Carolina. This small city has a population of 2,600 residents.The below results are primarily rent to own homes in :
The median income of households in Loris is approximately $37,000, which falls below the United States average. The top five employment industries in Loris are accommodation, retail, healthcare, public service and education. Residents of Loris look forward to the annual Loris Bog-Off, a festival held in October that celebrates "chicken bog," a traditional Southern dish made of chicken, rice, sausage and seasonings. The Loris Bog-Off includes rides, entertainment and food. Festival attendees aren't able to leave without sampling the region's famous chicken bog! The downtown Loris area also hosts the Loris Spring Festival and Outdoor Expo annually in April. This popular event features entertainment, vendors, flowers, demonstrations, a classic car cruise and a 5K run/walk. The weekend kicks off spring for Loris residents with an outdoor theme. With a location only 20 minutes from the sprawling beaches of the Grand Strand along the Atlantic Ocean, life in Loris combines convenient beach access with a reasonable cost of living.
Buying vs. Rent to Own Homes
There are a few situations in which rent to own makes sense when you have the option to purchase. A good situation to rent to own is when you’re not sure about a home you’re looking at buying, and you want to test it out for a bit before making a final decision. This way, you have less money on the line if you change your mind.
Renting to own is also a good option if you’re close to qualifying for financing, but you need a little bit more time to get there.
Renting to own doesn’t trap you in a lease like normal renting does – you can buy the home whenever you’re ready. That’s why it’s the good option if you almost have a large enough down payment, if your credit score is close to where you need it to be or if you just need a little more time at your job to build your job history. It also works when you’re waiting for your old home to sell so that you have the cash to purchase your new home.
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
When you’re looking for your first townhouse or condo, you learn pretty quickly that it’s difficult to secure financing for houses when you have bad credit. However, you can find properties, like apartments, in our free listings that might meet your needs.
Our database includes free listings for cheap properties available for lease-purchase, rent to own by owner, foreclosed homes and owner financing. Many of these programs will work with you with no credit check.
The convenient part of rent to buy and lease to purchase agreements is that they give buyers time to prepare to purchase a home by saving up a down payment and improving their credit score. Owner financing often has less stringent requirements than conventional financing. Search for properties near me to find the program that’s most convenient.
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