Rent to Own Homes in Poplar Bluff
Some of the biggest attractions in the Poplar Bluff area include the Black River Coliseum and Aquatic Center, the Keener Springs Recreation Area, Lake Wappapello and the Mingo Wildlife Refuge. The Ozark National Scenic Riverways are located a short drive away, and there are many museums and art galleries in this region of Missouri. Some of the more popular cultural attractions include the Moark Regional Railroad Museum, the Margaret Harwell Art Museum and the Epps-Houts Museum.The below results are primarily rent to own homes in Butler County, MO:
Some of the biggest attractions in the Poplar Bluff area include the Black River Coliseum and Aquatic Center, the Keener Springs Recreation Area, Lake Wappapello and the Mingo Wildlife Refuge. The Ozark National Scenic Riverways are located a short drive away, and there are many museums and art galleries in this region of Missouri. Some of the more popular cultural attractions include the Moark Regional Railroad Museum, the Margaret Harwell Art Museum and the Epps-Houts Museum.The below results are primarily rent to own homes in Butler County, MO:
Many residents and visitors are also attracted to Poplar Bluff because it's home to many buildings listed on the National Register of Historic Places. The Poplar Bluff Commercial Historic District is on that list along with the Butler County Courthouse, the Poplar Bluff Public Library and the Rodgers Theatre Building. If you appreciate historical architecture, you may enjoy touring some of these historical destinations throughout the city.
Poplar Bluff residents are served by the Poplar Bluff R-1 School District. There are more than five elementary schools, one middle school and one high school in this district, and parents can select from a few private schools if they're concerned about the quality of public education in Missouri.
Buying a Home in Poplar Bluff?
More than 65 percent of Poplar Bluff residents own their homes thanks to a healthy real estate market that offers affordable prices. It's common to see the median listing price under $200,000, but you can still find luxury homes selling for $300,000 or more in select areas of the city. Many of the most affordable neighborhoods offer homes with above-average lot sizes, and it's not uncommon to see homes with substantial acreage for sale. Not all schools in the city are highly rated, so do some research into school zones before selecting a neighborhood.
Popular Neighborhoods in Poplar Bluff?
You'll find many of the most desirable Poplar Bluff neighborhoods north of route 448. Brush Arbor and Cedar Valley are the premier communities in the area, and they feature some of the city's highest real estate prices. You can expect to pay around $150,000 or more for most homes in the region, but you'll also benefit from established neighborhoods with beautifully maintained properties.
Buying vs. Rent to Own Homes?
Are you interested in buying a home in Poplar Bluff? The low real estate prices may catch your attention, but it's important to hold off until you have a good chance of qualifying for the lowest interest rates. Your rate is one of the most important factors in determining how much you pay for the loan each month, and you want to stretch your budget as much as possible.
Rent-to-own homes in Poplar Bluff give you the opportunity to own a home, but you have some time to improve your financial standing. You move into the property as a renter, but you maintain the right to purchase the home at a specified price once you're ready to secure funding. This is a great opportunity if you're ready to move but aren't quite ready to apply for a mortgage loan.
Poplar Bluff is now home to more than 15,000 residents, and many of them appreciate living in the midst of a natural wonderland. The city is positioned just south of the Mark Twain National Forest and a short drive from the Ozark National Scenic Riverways. Residents can also take advantage of wildlife preserves, family-friendly parks, recreational facilities, museums, art galleries, registered historic places and entertainment venues located within city limits. Add an affordable cost of living, and you see why so many residents call Poplar Bluff home.
Summary
Poplar Bluff is now home to more than 15,000 residents, and many of them appreciate living in the midst of a natural wonderland. The city is positioned just south of the Mark Twain National Forest and a short drive from the Ozark National Scenic Riverways. Residents can also take advantage of wildlife preserves, family-friendly parks, recreational facilities, museums, art galleries, registered historic places and entertainment venues located within city limits. Add an affordable cost of living, and you see why so many residents call Poplar Bluff home.
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
Financially, buying apartments, houses or any other types of properties makes sense when compared to renting. You're paying roughly the same amount per month for your mortgage that you would to rent the same type of home. However, there are obstacles that make that process difficult to attain, like minimum down payments and bad credit. Those barriers prevent banks from ending up having to sell foreclosed homes.
Nonetheless, those barriers shouldn’t stop you from owning your own condo or townhouse. Through rent to buy and lease to purchase programs with no credit check, you could start working toward owning a house.
A lot of people who rent to own by owner take advantage of Rent to Own Lab’s free listings. Search our website for cheap lease-purchase or lease-option properties near me and see if rent to own could be the right option.
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