Rent to Own Homes in Orangeburg
This city is also known as a major player in the widely-praised Orangeburg County Community of Character project. This initiative was designed by the Orangeburg County Chamber of Commerce and other local organizations to unite residents throughout the county. Orangeburg is now home to nearly 15,000 residents, and the population is expected to continue growing in years to come.The below results are primarily rent to own homes in Orangeburg County, SC:
This city is also known as a major player in the widely-praised Orangeburg County Community of Character project. This initiative was designed by the Orangeburg County Chamber of Commerce and other local organizations to unite residents throughout the county. Orangeburg is now home to nearly 15,000 residents, and the population is expected to continue growing in years to come.The below results are primarily rent to own homes in Orangeburg County, SC:
Some of the city's highlights include the Orangeburg Municipal Airport, the Edisto Memorial Gardens and the Pink Palace. The North Fork Edisto River runs along the western edge of town, and Hillcrest Recreational Park is positioned just outside of the city's northwestern corner.
Buying a Home in Orangeburg?
It's common for buyers to pay well under $50 per square foot for homes in Orangeburg. You can expect to see prices as low as $30,000 with larger, newer and more luxurious homes selling for up to $300,000 at times. Median listing and sales prices are typically under $100,000, and many homes sell for significantly less. These low home prices have allowed nearly 70 percent of residents to purchase property, and that includes foreclosure homes that sometimes need just a little work to become livable or worthy of resale. If you're moving to Orangeburg with younger children, Felton Laboratory is the highest-ranked school in the city.
Popular Neighborhoods in Orangeburg?
Stilton is one of the leading Orangeburg neighborhoods in terms of quality schools, crime rates and access to shopping centers and other city amenities. You'll find it toward the center of the city, mostly running north of Chestnut Street, west of Magnolia Street and east of the Caw Caw Swamp. This area includes the Hillcrest Recreational Park and offers housing prices close to $150,000 most of the time. You can expect to find homes built before the year 2000 and with at least two or three bedrooms. For the cheapest home prices, look at neighborhoods in the southern corners of the city.
Buying vs. Rent to Own Homes?
Are you thinking about buying a home in Orangeburg or another city in South Carolina? The first step in the process is to secure pre-approval from a mortgage lender, but you also have the option of investing in a rent-to-own home. The first step in that process is to find a home that you would like to purchase in the future. You can then sign a contract that makes you a renter with the right to purchase the property within a specified period of time. As long as you abide by all terms of the agreement, you will end up a homeowner. Not all homes for sale in Orangeburg will offer this type of contract, but it's worth seeking out those that will give you this opportunity.
Cost of Living in Orangeburg?
The overall cost of living in Orangeburg is often 10-20 percent lower than the national average. This is mostly due to the housing market, which is known to drop more than 50 percent lower than the national average at times. Most other expenses are slightly below-average in price, making this one of the more affordable small towns in South Carolina.
Living in Orangeburg, South Carolina, keeps you connected to the beaches and islands on the state's eastern shoreline as well as some of the state's leading higher education facilities. The city is home to Claflin University and South Carolina State University and is within a two-hour drive of the coast. With close to 15,000 residents and an active chamber of commerce working to bring harmony to Orangeburg County, this is one of the more family-friendly small towns in South Carolina.
Summary
Living in Orangeburg, South Carolina, keeps you connected to the beaches and islands on the state's eastern shoreline as well as some of the state's leading higher education facilities. The city is home to Claflin University and South Carolina State University and is within a two-hour drive of the coast. With close to 15,000 residents and an active chamber of commerce working to bring harmony to Orangeburg County, this is one of the more family-friendly small towns in South Carolina.
Rent to Own Realtors
Working with a realtor doesn’t guarantee that you will successfully complete a rent to own deal, but their knowledge and expertise can make a big difference in your success rate.
Unfortunately, not many realtors will want to work with you on a rent to own deal. There isn’t a lot of profit for a realtor in rent to own deals.
So, you’ll need to find others with the knowledge and expertise you are looking for to ensure a successful lease-option experience. Consider consulting with a realtor, a title company and a mortgage officer instead. These professionals are better than a realtor because they are experts in their respective fields, as opposed to realtors who know a good deal about each of those rent to own factors.
About Our Listings
When you rent to buy a condo or a townhouse, you’re taking the first step toward becoming a homeowner. You can take advantage of many rent to own by owner programs with no credit check. Having bad credit shouldn’t stop you from owning one of your favorite apartments or houses.
While you lease-option or lease-purchase, you’ll work on improving your credit score and saving up a down payment so that you can qualify with the bank for the house you’re interested in. The bank is frugal with mortgage approvals because they often end up selling foreclosed homes for cheap prices because people cannot afford their mortgage payments.
When you lease to purchase, you’re making yourself into a better candidate for purchasing properties. Check out Rent to Own Lab’s free listings to find properties near me that meet your family’s needs.
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