Rent to Own Homes in Norcross
In 1869, J. J. Thrasher purchased 250 acres of land around what was to be the first stop on the Richmond-Danville Railroad. He named it after his good friend and the fourth mayor of the city of Atlanta, Jonathan Norcross. The area was incorporated in 1870 and quickly became a resort area for Atlantans who wanted an escape and respite from the big city.The below results are primarily rent to own homes in Gwinnett County, GA:
In 1869, J. J. Thrasher purchased 250 acres of land around what was to be the first stop on the Richmond-Danville Railroad. He named it after his good friend and the fourth mayor of the city of Atlanta, Jonathan Norcross. The area was incorporated in 1870 and quickly became a resort area for Atlantans who wanted an escape and respite from the big city.The below results are primarily rent to own homes in Gwinnett County, GA:
Norcross is the second oldest city in Gwinnett County, and the Norcross Historic District was added to the National Register of Historic Places in 1980. The city has a population of about 16,600 and is a suburb of Atlanta, located about 20 miles northeast of downtown Atlanta.
Buying a Home in Norcross
Although it is close to one of the South’s great cities, the median home cost in Norcross remains a modest $129,000. That’s an impressive 31 percent lower than the national average. Of course, luxury homes are available; current home/condo listings range from $72,000 to $549,900. The median age in this small Georgia city is about 32, and approximately 51 percent of the population is married, making it a good town for young couples and young families to settle.
Norcross is served by the Gwinnett County Public Schools district. This district is comprised of eight elementary schools, two middle schools, and two high schools. Six of these schools are located in or serve Norcross. Private schools are available as well. Some of the public schools are rated considerably better than others, so families with school-aged children should do their homework when shopping for a neighborhood.
Popular Neighborhoods in Norcross
Although a small city, Norcross is made up of no less than 21 constituent neighborhoods. If you like to be where the action is, the City Center may be the place for you. The residential real estate is primarily medium- to large-sized single-family homes and townhomes. Most residences are owner occupied. The median home price is about $330,000. It’s in the top five percent of neighborhoods in Georgia for an executive lifestyle, and is also a good area for urban sophisticates.
To the north is the Spalding Dr/Gunnin Rd. area. The residential real estate is similar to that in the City Center. It’s almost all owner occupied. The large homes in this area are quite impressive. The median home price is about $457,000.
Buying vs. Rent to Own Homes
Perhaps you are already thinking about Norcross as a place to live. Getting financing for a home, however, can be a complicated process. Many are taking advantage of another option: rent-to-own opportunities. A portion of each month’s rent goes toward a down payment to eventually be used to buy the house. Renters who may not be able to afford a large outlay of cash for a down payment can still look forward to becoming happy homeowners.
Summary
Atlanta has so much to offer in terms of employment, shopping, dining, nightlife, entertainment, and a myriad other things. If you’d like to be close to the big city but able to escape to calmer, quieter environs at the end of the day, Norcross may be just what you’re looking for.
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
Listing properties for traditional sale eliminates a big chunk of the buyer market. People with bad credit are left out of the traditional home buying process. Nonetheless, buyers who don’t qualify for mortgages are still in the market for apartments and houses.
Rent to own by owner programs with no credit check are an easy way for a seller to start earning money from their townhouse or condo in a market that isn’t viable, which appeals to new groups of buyers.
Through rent to buy and lease to purchase, sellers rent a property to potential buyers for a set lease term. During which, the seller earns profit through the rent buyers pay as a tenants. At the end of the lease, the buyer has the option to buy the property, or if they signed a lease-purchase agreement, they must buy it.
With a little patience, sellers can make rent money and the true value of their home from its eventual sale. Which is better than selling the home cheap and competing with bank-owned foreclosed homes that sell for less than market value.
Sign up for one of our free listings so that potential buyers can find you when they look for rent to own homes near me online.
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