Rent to Own Homes in Okeechobee
The city of Okeechobee is located just north of Lake Okeechobee in southern Florida. This region of the United States is known for sunshine and sandy beaches along the Atlantic Ocean. Okeechobee is less than a one-hour drive from the eastern Florida coastline, placing residents about 60 miles from West Palm Beach and less than 50 miles from Vero... Read More
The city of Okeechobee is located just north of Lake Okeechobee in southern Florida. This region of the United States is known for sunshine and sandy beaches along the Atlantic Ocean. Okeechobee is less than a one-hour drive from the eastern Florida coastline, placing residents about 60 miles from West Palm Beach and less than 50 miles from Vero Beach. The city is located within Okeechobee County and is home to the Okeechobee County Airport.
In 2010, the Okeechobee population was close to 6,000. That reflects less than a five percent growth rate from 2000 to 2010, and the city continues to show low growth rates. Many residents choose to live in the city because they want to enjoy the warm climate of southern Florida without living directly on the coast. They appreciate the slower pace of a small town but also value their long weekends on the beach.The below results are primarily rent to own homes in Okeechobee County, FL:
The city of Okeechobee is located just north of Lake Okeechobee in southern Florida. This region of the United States is known for sunshine and sandy beaches along the Atlantic Ocean. Okeechobee is less than a one-hour drive from the eastern Florida coastline, placing residents about 60 miles from West Palm Beach and less than 50 miles from Vero... Read More
The city of Okeechobee is located just north of Lake Okeechobee in southern Florida. This region of the United States is known for sunshine and sandy beaches along the Atlantic Ocean. Okeechobee is less than a one-hour drive from the eastern Florida coastline, placing residents about 60 miles from West Palm Beach and less than 50 miles from Vero Beach. The city is located within Okeechobee County and is home to the Okeechobee County Airport.
In 2010, the Okeechobee population was close to 6,000. That reflects less than a five percent growth rate from 2000 to 2010, and the city continues to show low growth rates. Many residents choose to live in the city because they want to enjoy the warm climate of southern Florida without living directly on the coast. They appreciate the slower pace of a small town but also value their long weekends on the beach.The below results are primarily rent to own homes in Okeechobee County, FL:
Some of the biggest attractions in the Okeechobee area include the Okeechobee Battlefield, Flagler Park and the airboat rides available at Eagle Bay. Residents are served by a public school system with five elementary schools, two middle schools and Okeechobee High School. Some students also attend Okeechobee Christian Academy, which is a local private school that accepts children from kindergarten up to 12th grade.
Buying vs Rent to Own Homes?
Are you tired of wasting your money on rent? You can start putting that money towards an investment in your own home by looking for rent-to-own homes in the Okeechobee area. These properties allow you to rent for a short period of time with the intention of buying the home in the future. In most cases, you will have a year or longer to purchase the property, and other buyers cannot make offers during your contract. Some contracts designate a small portion of the monthly rent to count toward the future purchase of the home.
If you appreciate the small-town lifestyle but want to live close to the relaxing beaches of south Florida, you may fit right into the Okeechobee community. This city is home to approximately 6,000 residents and is positioned just north of a scenic lake. Multiple beaches are within a one-hour drive to the east, allowing residents to enjoy weekend vacations or top-notch staycations. The city is known for a housing market that often drops 50 percent or more below the national average, which lowers the overall cost of living for most residents.
Summary
If you appreciate the small-town lifestyle but want to live close to the relaxing beaches of south Florida, you may fit right into the Okeechobee community. This city is home to approximately 6,000 residents and is positioned just north of a scenic lake. Multiple beaches are within a one-hour drive to the east, allowing residents to enjoy weekend vacations or top-notch staycations. The city is known for a housing market that often drops 50 percent or more below the national average, which lowers the overall cost of living for most residents.
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
Lease-purchase programs offer sellers more certainty than traditional rent to buy because buyers are contractually obligated to buy the condo, townhouse or house by the end of the lease term. Normally, rent to own by owner means the buyer has the option to buy and the seller has the obligation to sell.
Lease-options are more convenient for buyers. However, buyers and sellers may work out lease to purchase deals for houses and other properties when the seller is overlooking a bad credit score or a small option fee. The requirement for buyers to purchase properties makes sellers feel more comfortable leasing with no credit check because they don’t have to worry about whether buyers will opt out.
If you’re interested in looking for apartments for lease option, check out our free listings by searching for properties near me. We showcase more than just rent to own. Use our site to find cheap foreclosed homes or owner financing.
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