Rent to Own Homes in Perry
The city of Perry is now settled on the shores of Big Indian Creek and is home to the Perry-Houston County Airport, the Georgia National Fairgrounds and Agricenter, and the Go Fish Georgia Education Center. The city is also home to some large parks that provide recreational opportunities for residents, including Creekwood Park, Rotary Centennial Park and Rozar Park. Other outdoor recreational facilities within city limits include the golf course at Cherokee Pines and the Fair Harbor RV Park and CampgroundThe below results are primarily rent to own homes in Houston County, GA:
The city of Perry is now settled on the shores of Big Indian Creek and is home to the Perry-Houston County Airport, the Georgia National Fairgrounds and Agricenter, and the Go Fish Georgia Education Center. The city is also home to some large parks that provide recreational opportunities for residents, including Creekwood Park, Rotary Centennial Park and Rozar Park. Other outdoor recreational facilities within city limits include the golf course at Cherokee Pines and the Fair Harbor RV Park and CampgroundThe below results are primarily rent to own homes in Houston County, GA:
Another major attraction in Perry is the downtown area. This historic district features some beautifully restored and preserved homes as well as a variety of small shops and restaurants. Residents as well as visitors enjoy walking through this area for the charm and casual friendliness of the shop and restaurant owners.
Buying a Home in Perry?
It's not uncommon for the median listing price for homes in Perry to fall well below $200,000. This affordable housing market has allowed more than 70 percent of residents to purchase homes, creating many established neighborhoods close to parks, public schools and retail stores. You can expect to pay $80 or less per square foot, and the median home size is around 2,200 square feet. Kings Chapel and Morningside are the highest-rated elementary schools serving the city.
Popular Neighborhoods in Perry?
Brookewater is one of the more popular subdivisions in Perry. The average sales price for homes in this area is typically around $250,000, and it's common to see at least a few properties on the market at any given time. This community features tree-lined streets and large brick homes with modern designs. You can expect to see well-maintained properties and beautiful landscaping throughout the community.
In general, the most affordable homes are located in the western half of the city. If you look for properties west of I-75, you're likely to find many homes selling for $100,000 or less. The crime rates and school zones can vary, so you may want to do some research before committing to a neighborhood.
Buying vs. Rent to Own Homes?
If your goal is to buy a home in the near future, you may want to consider rent-to-own homes in Perry. These properties are up for sale, but they allow you to rent before you buy. The contract will specify the amount of time that you have to secure financing and purchase the property, and you can use the rental period to prepare for home ownership. This is a good opportunity if you're waiting for your eligibility for a mortgage loan to open back up after bankruptcy or if you need a bit of time to boost your credit score so that you can obtain a lower interest rate.
Walking through the historic downtown district in Perry, Georgia, can easily take you back to the charming small towns of the 1800s. The city now boasts a population of nearly 10,000 residents and remains a close-knit community of families and business owners. The city is home to some well-known attractions like the Old Perry Hotel and features an airport, a golf course, an RV park and a series of large parks for outdoor recreation. This is a pleasant small town to call home if you're searching for a reasonable cost of living in Georgia.
Summary
Walking through the historic downtown district in Perry, Georgia, can easily take you back to the charming small towns of the 1800s. The city now boasts a population of nearly 10,000 residents and remains a close-knit community of families and business owners. The city is home to some well-known attractions like the Old Perry Hotel and features an airport, a golf course, an RV park and a series of large parks for outdoor recreation. This is a pleasant small town to call home if you're searching for a reasonable cost of living in Georgia.
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
Whether you’re interested in purchasing a condo or a townhouse, or if you’ve been touring apartments and houses, rent to own can be a good option for buyers – often with no credit check.
Just because the seller isn’t checking your credit score doesn’t mean you shouldn’t worry about it. You’ll need to have a credit score high enough to qualify for financing if you want to succeed in a rent to buy deal.
In rent to own by owner programs, sellers want to make a profit off of their properties. They will earn rent money from you whether you successfully buy the house or not. So, they don’t really worry about whether you have the credit score to buy it at the end of the lease.
Lease to purchase deals from a company are often less successful than from an owner because companies tend to snatch up cheap foreclosed homes and lease-option them on an “as is” basis.
Owners who are eager to sell their property may ask you to sign a lease-purchase agreement, which is very different from a lease-option because instead of having the option to buy the property before the end of the lease, you legally have to buy it. That can be difficult if you start the deal with bad credit and cannot bring it up high enough to qualify for a mortgage.
Looking for rent to own listings near me? Start your search on the Rent to Own Labs database.
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