Rent to Own Homes in Pinson
Residents of Pinson often seek employment with small businesses and service-oriented companies found in town, but they also have access to a much larger job market in Birmingham. Some of the major employers in this neighboring city include the University of Alabama, St. Vincent's Health System, AT&T, Honda and the Children's Health System.The below results are primarily rent to own homes in Jefferson County, AL:
Residents of Pinson often seek employment with small businesses and service-oriented companies found in town, but they also have access to a much larger job market in Birmingham. Some of the major employers in this neighboring city include the University of Alabama, St. Vincent's Health System, AT&T, Honda and the Children's Health System.The below results are primarily rent to own homes in Jefferson County, AL:
Pinson was incorporated in 2004 and is now home to more than 7,000 residents. According to the 2000 census, the median income for local households was close to $40,000. The average family size was approximately three people, and the community covers approximately seven square miles. Residents are served by a small school system that consists of Pinson Valley High School, Rudd Middle School and two elementary schools. Residents of all ages have access to the Pinson Public Library.
Buying a Home in Pinson?
Do you think it's impossible to purchase a newly constructed home with three bedrooms for less than $200,000? If so, you haven't looked at the Pinson real estate market in the recent past. This market typically features around 200 homes for sale, and the median sales price tends to stay below $200,000. Some of the nicest homes in the most desirable neighborhoods are listed at reasonable prices, so you don't need a substantial budget to own a home in this city. It's common for residents to pay less than $80 per square foot, and the median home size is around 1,500 square feet.
Buying vs. Rent to Own Homes?
Rent-to-own homes in Pinson can help you make your dreams of owning a home come true. If you don't have a suitable down payment or need to improve your credit score before you apply for a mortgage loan, these homes may allow you to settle into a new home while you take care of those issues. The rent-to-own contract gives you a year or longer to secure financing and purchase the property, and you pay monthly rental fees in the meantime. It's like renting the home that you know you're going to purchase in the near future.
If you want to work and play in Birmingham, Alabama, but don't want to live in the big city, you might consider a home in Pinson. This small city is home to around 7,000 residents and covers just seven square miles located less than 15 miles north of Birmingham. It's common for residents to commute to the larger city for employment and recreation while enjoying the small-town vibe of their hometown. Pinson is also close to two national forests and boasts an affordable cost of living.
Summary
If you want to work and play in Birmingham, Alabama, but don't want to live in the big city, you might consider a home in Pinson. This small city is home to around 7,000 residents and covers just seven square miles located less than 15 miles north of Birmingham. It's common for residents to commute to the larger city for employment and recreation while enjoying the small-town vibe of their hometown. Pinson is also close to two national forests and boasts an affordable cost of living.
Rent to Own Realtors
Most realtors aren’t going to want to work with a client looking for a rent to own deal. The upfront profit for a realtor is minimal, and the largest chunk of the commission isn’t guaranteed – even after the contract is signed. Successful rent to own deals make the bulk of commission for realtors as far as three years in the future.
Good realtors know that if they’ve done their job qualifying and showing a buyer options that meet their tastes and budgets, a rent to own deal has a great chance of success. But good realtors are rare.
Instead of using a realtor, learn about rent to own yourself and meet with professionals in the title, mortgage and legal industries to increase your chances of success.
About Our Listings
The free listings for rent to own by owner properties on this website make it easier for buyers to find rent to buy programs near me online.
Rent to buy is a good way to sell apartments or houses when the market isn’t particularly active. It’s certainly a more profitable alternative than selling them for cheap prices.
You can choose to lease-option or lease-purchase a condo, townhouse, etc – anything other than foreclosed homes works. In a lease-option, the buyer has the option to buy the home, but in a lease-purchase, the buyer must buy it.
It’s important to note that lease to purchase deals usually come with no credit check because bad credit is the tenant’s responsibility. If the tenant cannot purchase the home at the end of the lease, the seller keeps their rent and option fee. Then, the seller can find another buyer and, hopefully, market conditions are better.
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