Rent to Own Homes in Rome
Some of the biggest Rome attractions include the Rome Clock Tower, the Chieftains Museum, the Labyrinth of Rome and the Martha Berry Museum. There are also many parks and outdoor recreational areas in this region of Georgia. This includes Rices Spring, Ridge Ferry Park, Etowah Park and the Berry College Wildlife Management Area and Refuge.The below results are primarily rent to own homes in Floyd County, GA:
Some of the biggest Rome attractions include the Rome Clock Tower, the Chieftains Museum, the Labyrinth of Rome and the Martha Berry Museum. There are also many parks and outdoor recreational areas in this region of Georgia. This includes Rices Spring, Ridge Ferry Park, Etowah Park and the Berry College Wildlife Management Area and Refuge.The below results are primarily rent to own homes in Floyd County, GA:
Residents are served by the Rome City School District, which includes Rome High School, Rome Middle School and more than five elementary schools. There are also several private schools accepting students from Rome, including a college-prep boarding school known as Darlington School. The elementary and middle schools operated by Berry College give students the advantage of talented liberal arts teachers and more personal attention.
Buying a Home in Rome?
The median home value for houses in Rome tends to stay below $150,000. You can expect to find many home selling for less than $100,000, even though the median listing price may get closer to $200,000 at times. The median home size is around 2,000 square feet, but you can find much larger homes if you have a growing family.
If you have children, it helps to decide whether you want them to attend one of Rome's private schools or a public school before selecting a home. This allows you to select a neighborhood that places your child close to your desired schools.
Popular Neighborhoods in Rome?
One of the most popular Rome neighborhoods starts around Berry College and extends northwest to Big Texas Valley Road NW. The median home price can get close to $250,000 at times, so it is one of the most expensive communities in Rome. There are more rental properties than owner-occupied properties here, and the vacancy rate can extend beyond 10 percent at times.
If you prefer a more stable neighborhood with fewer rental properties and more reasonable real estate prices, look in the Sherwood Forest community. Home prices tend to stay below $200,000 in this area, and you'll find more large homes with four or more bedrooms in this community.
Buying vs. Rent to Own Homes?
When you see a sign for a rent-to-own home in Rome, you're looking at the possibility of homeownership. These properties are up for sale, but the current owners are willing to allow the right buyer to start out with a rental contract. You can use the rental period to save up a more substantial down payment or to improve blemishes on your credit report. This may help you qualify for a better interest rate when you're ready to secure a mortgage loan and buy the home. Eventually, you will transition from renter to owner.
Cost of Living in Rome?
The cost of housing in Rome can drop more than 30 percent below the national average at times. Even though many residents pay slightly more than average for healthcare and transportation, the overall cost of living is typically more than 10 percent lower than the national average. While the median cost of food and everyday goods and services may sometimes rise above average, it's still possible for smart shoppers to keep these expenses under control in Rome.
There are nearly 40,000 residents in the northwestern Georgia city known as Rome. Originally occupied by the Cherokee Indians, the city is positioned close to the Appalachian Mountains and offers residents easy access to outdoor recreational areas. With multiple private schools, two institutes for higher learning and a thriving manufacturing industry, many residents live in this city for the many educational and employment opportunities.
Summary
There are nearly 40,000 residents in the northwestern Georgia city known as Rome. Originally occupied by the Cherokee Indians, the city is positioned close to the Appalachian Mountains and offers residents easy access to outdoor recreational areas. With multiple private schools, two institutes for higher learning and a thriving manufacturing industry, many residents live in this city for the many educational and employment opportunities.
Rent to Own Realtors
You can plan a party without an event planner, you can go swimming without a lifeguard, and you can rent to own without a realtor.
That’s important because there isn’t as much money for realtors in rent to own deals as in traditional sales. Therefore, finding a realtor to help you is rare.
While the listed activities might be easier with a professional, they’re all possible without one. To successfully rent to own without a realtor learn all you can about it.
About Our Listings
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These programs are a great way to buy a condo or townhouse if you have bad credit. In fact, lease purchase and rent to buy programs usually offer cheap homes with no credit check. Just make sure you look at your lease to purchase agreement to understand whether you have the option or obligation to buy the home you’re looking at. Lease-purchase agreements require the buyer to purchase by the end of the lease term, while lease-option agreements give the buyer the option to buy.
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