Rent to Own Homes in Martinsburg
Some of the most popular Martinsburg area attractions include the Baltimore and Ohio Railroad Shops, the historic Adam Stephens House and a variety of scenic community parks. Some of the more prominent parks include P.O. Faulkner Park, Oatesdale Park and Charlotte Prather Park. There are also some family-friendly entertainment venues in this area of West Virginia, including the Wonderment Puppet Theater, the By George Children's Museum, the Apollo Civic Theatre and the Berkeley Plaza Theater.The below results are primarily rent to own homes in Berkeley County, WV:
Some of the most popular Martinsburg area attractions include the Baltimore and Ohio Railroad Shops, the historic Adam Stephens House and a variety of scenic community parks. Some of the more prominent parks include P.O. Faulkner Park, Oatesdale Park and Charlotte Prather Park. There are also some family-friendly entertainment venues in this area of West Virginia, including the Wonderment Puppet Theater, the By George Children's Museum, the Apollo Civic Theatre and the Berkeley Plaza Theater.The below results are primarily rent to own homes in Berkeley County, WV:
Martinsburg falls within Berkeley County and is home to the Martinsburg IRS Facility, which is responsible for processing most of the tax documents that are filed electronically by businesses each year. This office serves as a major employer for the city, but employment opportunities are also available with the Martinsburg VA Medical Center, FedEx and some big retail stores like Macy's.
The average family size was three people in 2010, and there were more than 17,000 residents at that time. Many of those residents were attracted to the city due to its central location, the availability of jobs and the friendly nature of the community.
Buying a Home in Martinsburg?
While the median real estate price in Martinsburg typically stays below $200,000, you can expect to see prices ranging from under $100,000 to more than $500,000. Homes with one or two bedrooms tend to sell for around $100,000 in many neighborhoods, and you can often find homes with three bedrooms for around $150,000. If you're interested in larger homes or new constructions, you can expect prices around $200,000 and above. Approximately 70 percent of Martinsburg residents own their homes, and you will find many family-friendly communities offering reasonable real estate prices.
Popular Neighborhoods in Martinsburg?
Hedgesville is one of the more desirable neighborhoods in Martinsburg. It's located along the western edge, mostly running from Harlan Springs Road to the western border of the city. The Potomac River flows along the northern edge of the community, and the area includes Hedgesville High School. You'll find many of the city's newest and largest homes in this neighborhood, but the median real estate price is also over $200,000. For prices closer to $150,000 in safe areas of town, consider neighborhoods along the eastern end of the city like Douglas Grove, Baker Heights, Swan Pond and Blairton.
Buying vs. Rent to Own Homes?
Martinsburg has an affordable real estate market, but you shouldn't take out a mortgage loan until you're financially ready. If you need some time to boost your standing so that you can qualify for more affordable interest rates, rent-to-own homes in Martinsburg may help you out. These properties allow you to rent in the short term while working toward future ownership. You settle into your home right away and then take out a loan when you're ready to become the owner. You deserve to own a home, and these properties can help you get what you deserve.
If you want to live in a small-town environment without sacrificing access to jobs, outdoor recreation and entertainment venues, you may want to consider Martinsburg, West Virginia, for your future hometown. This city is home to more than 15,000 people and features many family-friendly parks, theaters and museums. It's also centrally located with Pennsylvania, Washington D.C. and Virginia a short drive away. With some big employers like the IRS and FedEx serving the area, this is one city that can keep you entertained as well as employed.
Summary
If you want to live in a small-town environment without sacrificing access to jobs, outdoor recreation and entertainment venues, you may want to consider Martinsburg, West Virginia, for your future hometown. This city is home to more than 15,000 people and features many family-friendly parks, theaters and museums. It's also centrally located with Pennsylvania, Washington D.C. and Virginia a short drive away. With some big employers like the IRS and FedEx serving the area, this is one city that can keep you entertained as well as employed.
Rent to Own Realtors
Realtors have more experience with closings and real estate contracts than the typical buyer or seller, but not many of them want to work with rent to own deals. A commission from the sale of a home is much larger than the commission a realtor will receive from rent for the first few years of a lease-option deal.
Instead, visit title companies to make sure the property is eligible for rent to own, consult with a lawyer to ensure that the contract benefits you and meet with a mortgage broker to find out when the buyer will be ready to close on the home.
About Our Listings
The free listings for rent to own by owner properties on this website make it easier for buyers to find rent to buy programs near me online.
Rent to buy is a good way to sell apartments or houses when the market isn’t particularly active. It’s certainly a more profitable alternative than selling them for cheap prices.
You can choose to lease-option or lease-purchase a condo, townhouse, etc – anything other than foreclosed homes works. In a lease-option, the buyer has the option to buy the home, but in a lease-purchase, the buyer must buy it.
It’s important to note that lease to purchase deals usually come with no credit check because bad credit is the tenant’s responsibility. If the tenant cannot purchase the home at the end of the lease, the seller keeps their rent and option fee. Then, the seller can find another buyer and, hopefully, market conditions are better.
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