Rent to Own Homes in Marietta
While Marietta is a relatively small town, it has a big place in Ohio and United States history. It was home to the Hopewell culture’s ancient Muskingum River earthworks complex, now known as the Marietta Earthworks. In the late 1700s, the town became the first permanent settlement in the Northwest Territory. The Marietta area is rumored to have caught George Washington’s... Read More
While Marietta is a relatively small town, it has a big place in Ohio and United States history. It was home to the Hopewell culture’s ancient Muskingum River earthworks complex, now known as the Marietta Earthworks. In the late 1700s, the town became the first permanent settlement in the Northwest Territory. The Marietta area is rumored to have caught George Washington’s eye during his days as a surveyor before the American Revolution. Later, the town became an important part of the Underground Railroad and home to the famous Marietta Chair Factory.
Today, Marietta is a busy small town with a variety of employment opportunities, community services and recreation. It is home to a number of large employers, including Marietta Memorial Hospital, Peoples Bank, Pioneer Pipe, Thermo Fisher, Kraton Polymers and Marietta College.
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Overview
While Marietta is a relatively small town, it has a big place in Ohio and United States history. It was home to the Hopewell culture’s ancient Muskingum River earthworks complex, now known as the Marietta Earthworks. In the late 1700s, the town became the first permanent settlement in the Northwest Territory. The Marietta area is rumored to have caught George Washington’s eye during his days as a surveyor before the American Revolution. Later, the town became an important part of the Underground Railroad and home to the famous Marietta Chair Factory.
Today, Marietta is a busy small town with a variety of employment opportunities, community services and recreation. It is home to a number of large employers, including Marietta Memorial Hospital, Peoples Bank, Pioneer Pipe, Thermo Fisher, Kraton Polymers and Marietta College.
The Ohio River and Muskingum River remain important features in Marietta life. The rivers continue to provide plenty of recreation for area residents. Locals and visitors enjoy biking and walking the Rivertrail path, exploring the Ohio River Island National Wildlife Refuge and boating the waterways.
Home to about 14,000 residents, Marietta is located in the hills of the Ohio Valley. It is the county seat of Ohio’s Washington County.
Buying vs. Rent to Own Homes
House hunters who want to buy a home in Marietta before prices increase may find rent to own homes a more promising option. With rent to own homes, buyers don’t need to supply a large down payment nor acquire a home loan right away. Instead, they pay a nominal option fee to the home seller and move into the home right away. For the next one to three years, the rent to own buyer makes monthly rent payments with a small premium attached. The premium is usually credited to the home’s purchase price. At the end of the contract period, the rent to own buyer finds a favorable home loan and completes the purchase. This process contrasts with a conventional home purchase that requires a down payment, a quick home loan and a 30- to 90-day escrow delay.
Summary
The rolling hills of the Mid-Ohio Valley are home to picturesque Marietta, a small town on the Ohio and Muskingum rivers. With a lively, historic downtown area and plentiful recreation, the town was named one of America’s best small towns to visit by Smithsonian. Live music at Adelphia Music Hall, kayaking along the Muskingum River and concerts at the Peoples Bank Theatre also provide fun local entertainment.
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