Rent to Own Homes in Powder Springs
Recreation is plentiful here, with Powder Springs’... Read More
Recreation is plentiful here, with Powder Springs’ spot along the 59-mile Silver Comet Trail. Grab your bike, skates, jogging shoes or horse and ride the trail as far as the Georgia/Alabama border. Several other trails and parks provide ample recreation, too, from BMX riding to nighttime tennis. The below results are primarily rent to own homes in Cobb County, GA:
Recreation is plentiful here, with Powder Springs’... Read More
Recreation is plentiful here, with Powder Springs’ spot along the 59-mile Silver Comet Trail. Grab your bike, skates, jogging shoes or horse and ride the trail as far as the Georgia/Alabama border. Several other trails and parks provide ample recreation, too, from BMX riding to nighttime tennis. The below results are primarily rent to own homes in Cobb County, GA:
Local kids attend Powder Springs Public Schools, representing Cobb County School District. Some of these local schools include Kemp Elementary, McEachern High School and Powder Spring Elementary.
A little more than half of the town’s households have kids under the age of 18, with an average household size of 3.06 people. The median income in Powder Springs is $56,486.
Buying a Home in Powder Springs?
Homebuyers in Powder Springs actually have a variety of housing options, with 230 single family homes and about 20 condominium units on the market. Home prices here rose about 7 percent over the past year. Currently, the average price of a 900 square foot home lists for $194,000. A 1,700-square-foot home has an average list price of $312,000. Condos here are generally more affordable, with a 1,400-square-foot condo selling for an average of $160,000. A 1,500-square-foot condo has an average list price of $222,000.
Buying vs. Rent to Own Homes?
For many homebuyers, renting to own a home is a good alternative to the financial stress of buying a home the conventional way. With rent to own homes, there’s no need to have a large down payment ready. There’s also no need to embark on a frustrating and time-consuming search for a mortgage right away. Instead, a rent-to-own agreement allows buyers more financial flexibility. Buyers simply pay an option fee to start the process, then they move right into their new home, making monthly rent and rent premium payments. Buyers don’t need a mortgage until the end of the contract period, giving them time to build their financial strength.
Part of Cobb County, Powder Springs is a small community just 20 miles west of Atlanta. While this location makes trips into the city convenient, most Powder Springs residents can find everything they need within their own hometown. There are a variety of homes for sale in Powder Springs, from beautiful Victorians to new Craftsman-inspired homes. While home prices have increased over the past year, Powder Springs homes remain an affordable option for many.
Summary
Part of Cobb County, Powder Springs is a small community just 20 miles west of Atlanta. While this location makes trips into the city convenient, most Powder Springs residents can find everything they need within their own hometown. There are a variety of homes for sale in Powder Springs, from beautiful Victorians to new Craftsman-inspired homes. While home prices have increased over the past year, Powder Springs homes remain an affordable option for many.
Rent to Own Realtors
Rent to own is beneficial to both buyers and sellers, but that’s not common knowledge. A lot of people look to realtors as a credible source of information for their counterpart in a rent to own deal about the benefits of the program.
However, you likely won’t find a realtor who is interested in helping you. There’s not a lot of profit for realtors in rent to own deals.
Instead, you’ll have to become a credible expert on the process yourself. Honestly, that’s not a bad thing. It’s better that you know everything you need to about the process you’re investing so much time and money into.
About Our Listings
Listing properties for traditional sale eliminates a big chunk of the buyer market. People with bad credit are left out of the traditional home buying process. Nonetheless, buyers who don’t qualify for mortgages are still in the market for apartments and houses.
Rent to own by owner programs with no credit check are an easy way for a seller to start earning money from their townhouse or condo in a market that isn’t viable, which appeals to new groups of buyers.
Through rent to buy and lease to purchase, sellers rent a property to potential buyers for a set lease term. During which, the seller earns profit through the rent buyers pay as a tenants. At the end of the lease, the buyer has the option to buy the property, or if they signed a lease-purchase agreement, they must buy it.
With a little patience, sellers can make rent money and the true value of their home from its eventual sale. Which is better than selling the home cheap and competing with bank-owned foreclosed homes that sell for less than market value.
Sign up for one of our free listings so that potential buyers can find you when they look for rent to own homes near me online.
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