Rent to Own Homes in Pinellas Park
Pinellas... Read More
Pinellas Park, a town in Pinellas County, is sandwiched between Clearwater and St. Petersburg. The town is home to 52,137 residents, according to the United States Census Bureau, but it’s central to the larger Tampa Bay area. While Pinellas Park city limits don’t quite reach the waterfront, Old Tampa Bay is just one mile east of town. Lake Seminole is just two miles west of Pinellas Park, and the Gulf of Mexico is just another four miles beyond the lake.The below results are primarily rent to own homes in :
Pinellas... Read More
Pinellas Park, a town in Pinellas County, is sandwiched between Clearwater and St. Petersburg. The town is home to 52,137 residents, according to the United States Census Bureau, but it’s central to the larger Tampa Bay area. While Pinellas Park city limits don’t quite reach the waterfront, Old Tampa Bay is just one mile east of town. Lake Seminole is just two miles west of Pinellas Park, and the Gulf of Mexico is just another four miles beyond the lake.The below results are primarily rent to own homes in :
In addition to the town’s convenient location in the Tampa Bay hub, Pinellas Park offers its residents many important community services. Pinellas Park Water Management District provides stormwater drainage for part of Pinellas Park as well as portions of Pinellas County. The City of Pinellas Park provides most other city services, including water and garbage as well as parks and the Barbara S. Ponce Public Library. Residents also enjoy a wide variety of theatrical and musical performances and art-focused activities at the city’s Performing Arts Center and in the developing Pinellas Arts Village. Educational opportunities are diverse in Pinellas Park. Public education for local kids is provided by Pinellas County Schools. The district operates a number of schools, including Pinellas Park High School and Dixie Hollins High School. There are also some private schools in the area such as Sacred Heart Catholic School and Grace Christian School. Community members can also apply to participate in the University of Pinellas Park which helps citizens learn about local government, community service opportunities and various local boards and commissions.
Buying vs. Rent to Own Homes
Rent to own is a great option for people who want to buy a house, but are still working on getting the financing for it. People who are anywhere between a few months and three years away from qualifying for financing should consider rent to own.
Unlike renting, you don’t have to keep making rent payments for the full lease term. Once you’re able to close, you have the right to do that.
Rent to own is very similar to buying, in that buying is the end result of a successful rent to own deal.
The primary difference between the two is that rent to own takes longer than buying, which is the advantage of rent to own. It gives buyers time to get their finances in order to buy a home while not getting trapped into a lease term.
Rent to Own Realtors
An agent serves as a protection for both the buyer and the seller. They can save the buyer and seller a lot of time and money, which could offset the realtor’s commission.
However, not many realtors are interested in helping with lease-options. They make a minimal profit off of the lease portion of the deal, and the profit from the purchase is several years down the line and isn’t guaranteed.
Instead, protect yourself by communicating with lawyers, title agents and mortgage lenders to ensure that your rent to own deal works smoothly.
About Our Listings
When you’re looking for your first townhouse or condo, you learn pretty quickly that it’s difficult to secure financing for houses when you have bad credit. However, you can find properties, like apartments, in our free listings that might meet your needs.
Our database includes free listings for cheap properties available for lease-purchase, rent to own by owner, foreclosed homes and owner financing. Many of these programs will work with you with no credit check.
The convenient part of rent to buy and lease to purchase agreements is that they give buyers time to prepare to purchase a home by saving up a down payment and improving their credit score. Owner financing often has less stringent requirements than conventional financing. Search for properties near me to find the program that’s most convenient.
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