Rent to Own Homes in Marana
Located close to the metropolitan area of Tucson, Marana, Arizona, is a unique community that prides itself on its long Native American and Spanish past. There are numerous archaeological sites in the area, including some that date back nearly four thousand years. Today, the city serves as one of Arizona's fastest growing cities. With seventeen schools and a medium-high population, the city is prepped and ready to support its youth for a brighter and more educated future. Marana is located in Pima county, which sits along the southern edge of the state.
Marana, Arizona, is located in Pima County which is just northwest of the city of Tucson. The name means “thicket” in Spanish, and was dubbed thus in the early 19th century. The population of Marana sits at around 35 thousand people, and it is one of the fastest growing cities in Arizona. The city saw much of its growth in the early 1990s when the Marana Town Council voted to incorporate several surrounding, unincorporated areas of Pima County.
The below results are primarily rent to own homes in Pima:
Located close to the metropolitan area of Tucson, Marana, Arizona, is a unique community that prides itself on its long Native American and Spanish past. There are numerous archaeological sites in the area, including some that date back nearly four thousand years. Today, the city serves as one of Arizona's fastest growing cities. With seventeen schools and a medium-high population, the city is prepped and ready to support its youth for a brighter and more educated future. Marana is located in Pima county, which sits along the southern edge of the state.
Marana, Arizona, is located in Pima County which is just northwest of the city of Tucson. The name means “thicket” in Spanish, and was dubbed thus in the early 19th century. The population of Marana sits at around 35 thousand people, and it is one of the fastest growing cities in Arizona. The city saw much of its growth in the early 1990s when the Marana Town Council voted to incorporate several surrounding, unincorporated areas of Pima County.
Marana purchased the Marana Regional Airport from Pima County in 1999, and today it serves local airlines, but not commercial. For commercial flights, the Tucson International Airport is the go to choice. The area around Marana is also rife with archaeological finds pointing to several ancient cultures that once lived on the site. One such ruin, known as the Marana Mound, dates possibly as early as 1150 AD and was once the center of the Hohokam people that lived in the area so long ago.
There are 17 schools in the greater Marana Unified School District: 12 elementary schools, 2 middle schools, and 3 high schools. The school district oversees the education of nearly 13 thousand students every year, and employs 1.7 thousand full time faculty with an overall student to teacher ratio of 15:1.
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
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
Listing properties for traditional sale eliminates a big chunk of the buyer market. People with bad credit are left out of the traditional home buying process. Nonetheless, buyers who don’t qualify for mortgages are still in the market for apartments and houses.
Rent to own by owner programs with no credit check are an easy way for a seller to start earning money from their townhouse or condo in a market that isn’t viable, which appeals to new groups of buyers.
Through rent to buy and lease to purchase, sellers rent a property to potential buyers for a set lease term. During which, the seller earns profit through the rent buyers pay as a tenants. At the end of the lease, the buyer has the option to buy the property, or if they signed a lease-purchase agreement, they must buy it.
With a little patience, sellers can make rent money and the true value of their home from its eventual sale. Which is better than selling the home cheap and competing with bank-owned foreclosed homes that sell for less than market value.
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