Rent to Own Homes in Moultrie
In 1856, Colquitt County became the 115th county in Georgia. Later, 50 acres... Read More
In 1856, Colquitt County became the 115th county in Georgia. Later, 50 acres of land in the center of the country were donated for the county seat. Thus, the town of Moultrie officially came into being on December 13, 1879. The city was named after Gen. William Moultrie, a Revolutionary War hero who successfully defended Charleston, South Carolina against the British. By 1900, it had become an excellent place for farming, and the agricultural industry still thrives there today.The below results are primarily rent to own homes in Colquitt County, GA:
In 1856, Colquitt County became the 115th county in Georgia. Later, 50 acres... Read More
In 1856, Colquitt County became the 115th county in Georgia. Later, 50 acres of land in the center of the country were donated for the county seat. Thus, the town of Moultrie officially came into being on December 13, 1879. The city was named after Gen. William Moultrie, a Revolutionary War hero who successfully defended Charleston, South Carolina against the British. By 1900, it had become an excellent place for farming, and the agricultural industry still thrives there today.The below results are primarily rent to own homes in Colquitt County, GA:
In the center of downtown Moultrie is the charming Moultrie Commercial Historic District. Added to the National Register of Historic Places in 1994, this 15-block area contains 63 contributing buildings, most of which reflect the simple brick style typical of small-town buildings at the turn of the 20th century.
The city’s growth was gradual, finally reaching 15,000 by 1960. It declined a bit in the 1990s, and now about 14,000 people call Moultrie home. Still, job growth is projected to be more than 34 percent over the next ten years.
Buying a Home in Moultrie
The cost of housing in Moultrie is a whopping 50 percent below the national average. This contributes to the overall cost of living, which comes in at an impressive 18 percent below the national average. The median price of a home is about $93,000. Recent home listings range from $45,000 to $379,000.
The median age of Moultrie’s residents is 34, and about 40 percent are married. About 41 percent of the residential real estate is owner occupied.
Moultrie’s schools are under the auspices of the Colquitt County School District, which is comprised of ten elementary schools, a middle school, a junior high school, and a high school. There are about five schools within the city limits; GreatSchools rates them from 1 to 7 (out of 10), so families with school-aged children will definitely want to check out the schools when looking for a neighborhood to settle in.
Popular Neighborhoods in Moultrie
The South Moultrie/Ganor area is comprised mainly of small- to medium-sized single-family homes and apartment complexes. The area is established but not old, with many of the residences built after 1970, and some since 2000. The median home price is about $140,000.
If you want to be where the action is, then the city center is for you. The housing is similar to that in the South Moultrie/Ganor area. The Colquitt County Arts Center and Mack Tharpe Stadium – home to three local high school football teams – are in this area. The median home price is about $108,000.
Buying vs. Rent to Own Homes
Moultrie may already be beckoning you with its small town southern charm and low cost of living. Getting financing for a home, however, can be a difficult process. But there is an alternative. Many are taking advantage of rent-to-own options. A portion of each month’s rent goes toward a down payment to eventually purchase the home. Renters who may not be able to afford a large outlay of cash for a down payment can still look forward to being proud homeowners.
Summary
Mild winters and hot summers help to make Moultrie a perfect southern town. Family-friendly neighborhoods, low housing costs, and proximity to large metropolitan areas complete the picture to make Moultrie a town worth considering if you’re looking for a place to settle in and put down roots.
Rent to Own Realtors
Rent to own is beneficial to both buyers and sellers, but that’s not common knowledge. A lot of people look to realtors as a credible source of information for their counterpart in a rent to own deal about the benefits of the program.
However, you likely won’t find a realtor who is interested in helping you. There’s not a lot of profit for realtors in rent to own deals.
Instead, you’ll have to become a credible expert on the process yourself. Honestly, that’s not a bad thing. It’s better that you know everything you need to about the process you’re investing so much time and money into.
About Our Listings
Rent to Own Labs offers free listings for rent to own by owner, foreclosed homes and owner financed properties. Start looking for apartments or houses near me with the Rent to Own Labs search function.
These programs are a great way to buy a condo or townhouse if you have bad credit. In fact, lease purchase and rent to buy programs usually offer cheap homes with no credit check. Just make sure you look at your lease to purchase agreement to understand whether you have the option or obligation to buy the home you’re looking at. Lease-purchase agreements require the buyer to purchase by the end of the lease term, while lease-option agreements give the buyer the option to buy.
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