Rent to Own Homes in Manning
Assembly and also as governor of the state. A post office was established in 1856. Manning has had its share... Read More
Assembly and also as governor of the state. A post office was established in 1856. Manning has had its share of “adventure”: a large portion of the town was destroyed in Potter’s Raid, a raid by Union troops in the closing days of the Civil War. Parts of the city were also destroyed by a downtown fire in 1895 and a tornado in 1915.The below results are primarily rent to own homes in Clarendon County, SC:
Assembly and also as governor of the state. A post office was established in 1856. Manning has had its share... Read More
Assembly and also as governor of the state. A post office was established in 1856. Manning has had its share of “adventure”: a large portion of the town was destroyed in Potter’s Raid, a raid by Union troops in the closing days of the Civil War. Parts of the city were also destroyed by a downtown fire in 1895 and a tornado in 1915.The below results are primarily rent to own homes in Clarendon County, SC:
Due to railroads, timber, and diverse agriculture, Manning flourished throughout the late 19th and early 20th centuries. U.S. Route 301 – which passes through the center of Manning – was the preferred Washington-Florida route before the construction of I-95, and brought both travelers and tourists into the area.
The population of Manning grew slowly but steadily throughout the 20th century. It reached 4,000 by 1970, and hasn’t grown much since. The city proper is just a few miles north of Lake Marion, called South Carolina’s “inland sea.” It’s a popular destination spot for swimming, boating, camping, fishing, hiking, biking, golf, and spotting wildlife.
Buying a Home in Manning
The median home price in Manning is an even $100,000, which is an impressive 46 percent below the national average. Current home listings range from $49,000 to $379,500. About 60 percent of the residential real estate is owner occupied. The overall cost of living is nearly 12 percent below the national average.
The average age of the city’s residents is 38.4, and 36.8 percent of the population is married.
Manning is conveniently close to several large metropolitan areas: the capital, Columbia, is just 60 miles to the west; Charleston is 80 miles to the southeast; and the popular tourist town of Myrtle Beach is less than 100 miles to the east.
Two high schools are located n manning, Manning High School and Lawrence Manning Academy. The city is served by Clarendon School District 2.
Popular Neighborhoods in Manning
Five constituent neighborhoods comprise the city and its area. The Jordan/Rodgers neighborhood stretches down to Lake Marion. The residential real estate is primarily small- to medium-sized single-family homes and mobile homes; most is owner occupied. The homes are established but not old, with most being built since 1970, and a number built after 2000. The median home price here is $185,000.
To the north is the City Center neighborhood. The residential landscape is mainly medium- to large-sized single-family homes and mobile homes, and most are owner occupied. Median home cost is $119,000. State Route 301 runs through this part of town and leads directly to I-95.
Buying vs. Rent to Own Homes
Perhaps you are already thinking about Manning as a place to live. Financing a home, however, can be a complicated process and requires a down payment and prequalification. There is another option, though: rent-to-own opportunities. A portion of the rent each month is put toward a down payment to eventually buy the house. Those who may not be able to afford a large outlay of cash for a down payment or who may not qualify for a mortgage can still look forward to becoming happy homeowners.
Summary
Manning’s small-town southern charm, low housing cost, and mild climate make it a place worth considering. Large cities and the beautiful Atlantic coast aren’t far away, and Lake Marion’s 315 miles of shoreline provide plenty of opportunities to enjoy the outdoors in this beautiful part of South Carolina.
Rent to Own Realtors
Realtors are highly skilled at informing potential buyers and prospective sellers about rent to own. A realtor can help find the second half of the deal you have been searching for.
Unfortunately, not many realtors are interested in rent to own because there isn’t a lot of money for them in the process. In the past, that would constitute a serious roadblock to rent to own; however, there are plenty of websites available for buyers and sellers to find each other.
Completing your rent to own deal without a realtor could save the seller a lot of money on commission. That gives the seller some wiggle room on the sale price, which attracts even more buyers.
About Our Listings
When you rent to buy a condo or a townhouse, you’re taking the first step toward becoming a homeowner. You can take advantage of many rent to own by owner programs with no credit check. Having bad credit shouldn’t stop you from owning one of your favorite apartments or houses.
While you lease-option or lease-purchase, you’ll work on improving your credit score and saving up a down payment so that you can qualify with the bank for the house you’re interested in. The bank is frugal with mortgage approvals because they often end up selling foreclosed homes for cheap prices because people cannot afford their mortgage payments.
When you lease to purchase, you’re making yourself into a better candidate for purchasing properties. Check out Rent to Own Lab’s free listings to find properties near me that meet your family’s needs.
- 29102