Rent to Own Homes in Mount Olive
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Split between Duplin County and Wayne County, the town of Mount Olive sits sprawled across 2.7 square miles of land in the eastern central U.S. state of North Carolina. Perhaps most famously, the town is the home of the Mt. Olive Pickle Company which first opened its doors in 1926. Every year, Mount Olive holds a local North Carolina Pickle Festival which is a joint effort between the town and the Mt. Olive Pickle Company. One of the major local newspapers in the town is the Mount Olive Tribune.The below results are primarily rent to own homes in :
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Split between Duplin County and Wayne County, the town of Mount Olive sits sprawled across 2.7 square miles of land in the eastern central U.S. state of North Carolina. Perhaps most famously, the town is the home of the Mt. Olive Pickle Company which first opened its doors in 1926. Every year, Mount Olive holds a local North Carolina Pickle Festival which is a joint effort between the town and the Mt. Olive Pickle Company. One of the major local newspapers in the town is the Mount Olive Tribune.The below results are primarily rent to own homes in :
Public education in Mount Olive is overseen by the Wayne County Public Schools system and includes Carver Elementary School, Mount Olive Middle School, and Southern Wayne High School, which is located in nearby Dudley. For higher education, residents can attend Wayne Community College or the local private college known as the University of Mount Olive. The university is a liberal arts institution that is under the jurisdiction of the Original Free Will Baptist Convention. The convention is uniquely a North Carolinian institution that oversees disputes and other decisions associated with the schools under its wing. The University of Mount Olive was established in 1951, claims the colors green and white, and has the Trojans as its mascot.
Buying vs. Rent to Own Homes
Renting to own a home and buying a home both have the same end goal – you own the house you’re interested in. The difference between the two is your timeline. Buying a property is a great idea if you’re sure about the property and you have financing to purchase it today.
Lease-options are a good idea when you’re having doubts about the house or if you’re not financially ready to own the house you’re looking at. They’re a good option if you almost have a high enough credit score, a steady enough job history or a big enough down payment to qualify for financing on the home, but you need some more time to qualify. Rent to own gives you time to get your affairs in order, ability to try out a house and flexibility to close on the home when you’re ready – without having to wait for the end of a lease.
To be clear, if you can buy a house today, you should do it. If you’re looking at buying within the next three years, rent to own is a good way to start the process.
Rent to Own Realtors
You can plan a party without an event planner, you can go swimming without a lifeguard, and you can rent to own without a realtor.
That’s important because there isn’t as much money for realtors in rent to own deals as in traditional sales. Therefore, finding a realtor to help you is rare.
While the listed activities might be easier with a professional, they’re all possible without one. To successfully rent to own without a realtor learn all you can about it.
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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