Rent to Own Homes in Morganton
This city is located approximately five miles from the historic Fort San Juan. It's also home to a number of registered historic places, including the North Green Street-Bouchelle Street Historic District. Some of the biggest attractions in the Morganton area include Catawba Meadows Park, Lake James, Martha's Park and Freedom Park. Many residents also enjoy visiting cultural and historical attractions like the History Museum of Burke County, the Burke County Courthouse and McDowell House.The below results are primarily rent to own homes in Burke County, NC:
This city is located approximately five miles from the historic Fort San Juan. It's also home to a number of registered historic places, including the North Green Street-Bouchelle Street Historic District. Some of the biggest attractions in the Morganton area include Catawba Meadows Park, Lake James, Martha's Park and Freedom Park. Many residents also enjoy visiting cultural and historical attractions like the History Museum of Burke County, the Burke County Courthouse and McDowell House.The below results are primarily rent to own homes in Burke County, NC:
Some of the major employers in Morganton include the North Carolina School for the Deaf, the State of North Carolina and Broughton Hospital. The educational needs of residents are served by Western Piedmont Community College and Burke County Public Schools. There are two high schools, three middle schools and more than five elementary schools accepting students from Morganton.
Buying a Home in Morganton?
The median listing price for homes in Morganton typically stays well below $200,000, and it can dip below $100,000 at times. These reasonable home prices have allowed nearly 80 percent of residents to purchase their homes, increasing the number of stable neighborhoods found throughout the city.
This is a small real estate market that may not feature as many homes as you would see for sale in larger cities, so you may want to act fast when you find property that meets your needs. If you're moving with children in tow, some of the best schools include Forest Hill Elementary, Table Rock Middle and Robert L. Patton High.
Popular Neighborhoods in Morganton?
One of the most desirable Morganton neighborhoods is located right in the middle of the city. Catawba Meadows Park serves as the northern boundary for this community, and it extends south to West Union Street. The Catawba River runs along the western edge, and the eastern boundary is formed by Avery Avenue. This small neighborhood boasts some of the city's highest real estate prices, but it's an established neighborhood in a convenient location. For lower real estate prices in a safe community, look in the northwestern edge of town.
Buying vs. Rent to Own Homes?
Are you anxious to move to a new home? If so, you may want to consider rent-to-own homes. These properties put you on the fast track to purchasing property even if you aren't quite ready to pay that down payment and apply for pre-approval on a mortgage loan. When you rent your way to ownership, you have time to settle into the property and to prepare your finances for the responsibility that comes with owning a home. Some contracts may even allow you to count a portion of your rental fee toward your future down payment on the property.
If you want to live close to the North Carolina mountains and enjoy an active lifestyle, you can't go wrong by making Morganton your home. This city sits south of the Pisgah National Forest and north of South Mountains State Park, so you have many options for hiking and other outdoor adventures. The city is also home to many registered historic places, museums and smaller parks suitable for children of all ages. Morganton currently contains more than 15,000 residents and offers low housing prices in many family-friendly neighborhoods.
Summary
If you want to live close to the North Carolina mountains and enjoy an active lifestyle, you can't go wrong by making Morganton your home. This city sits south of the Pisgah National Forest and north of South Mountains State Park, so you have many options for hiking and other outdoor adventures. The city is also home to many registered historic places, museums and smaller parks suitable for children of all ages. Morganton currently contains more than 15,000 residents and offers low housing prices in many family-friendly neighborhoods.
Rent to Own Realtors
Using a realtor for your rent to own deal can offer great benefits. Agents are well versed in real estate so they can effectively communicate opportunities and discern which of those opportunities is a legitimately good deal.
Nonetheless, not a lot of realtors will want to help with your rent to own deal because upfront profit for a realtor is minimal and the big payout down the line is not a guarantee.
That means you’ll have to do a little research to ensure that you make the best decisions, but you will save money on commission.
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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