Rent to Own Homes in Safety Harbor
Safety Harbor is a Tampa Bay city that rests less than 10 miles from Dunedin, Clearwater, Palm Harbor and other cities on Florida’s western coast. Tampa is approximately 20 miles to the east, St. Petersburg is about 20 miles to the south and Bradenton is about 40 miles to the south. This location gives residents endless opportunities for long weekends and vacations that don’t require extensive travel. Some of the biggest attractions within city limits include Philippe Park, North City Park, Mullet Creek Park, Safety Harbor Museum and Safety Harbor Waterfront Park.The below results are primarily rent to own homes in :
Safety Harbor is a Tampa Bay city that rests less than 10 miles from Dunedin, Clearwater, Palm Harbor and other cities on Florida’s western coast. Tampa is approximately 20 miles to the east, St. Petersburg is about 20 miles to the south and Bradenton is about 40 miles to the south. This location gives residents endless opportunities for long weekends and vacations that don’t require extensive travel. Some of the biggest attractions within city limits include Philippe Park, North City Park, Mullet Creek Park, Safety Harbor Museum and Safety Harbor Waterfront Park.The below results are primarily rent to own homes in :
The Safety Harbor area was originally inhabited by small villages of people who lived off the land naturally. One of the earliest attractions was a mineral spring known as Espiritu Santo Springs. Water from the spring was bottled and sold to consumers in the twentieth century, and the spring is now home to the popular Safety Harbor Resort and Spa. There are only two public schools located within Safety Harbor. This includes Safety Harbor Elementary School and Safety Harbor Middle School. Students may also choose to attend Espiritu Santo Catholic School, which is a private school that welcomes students of all faiths.
Buying vs. Rent to Own Homes
If you’re looking to purchase a home, you could fall into three categories: ready to buy, ready to rent to own and rent a bit longer. Buying is your best option, so if you’re ready, you should. Rent to own is also a good option because it sets you on course to buy a property soon.
If you’ll be ready to buy a property within the next three years, rent to own is the right option for you. Your lease term should be at least six months longer than how much time you need to qualify for financing; that way, you have some buffer room in case something goes wrong. Whenever you are ready, you can close on the home and start building equity on it.
If it’s going to take more than three years for you to qualify for financing, keep renting until you’re less than three years away. Just because rent to own isn’t right for you now doesn’t mean it won’t be in the future.
Rent to Own Realtors
Realtors are highly skilled at informing potential buyers and prospective sellers about rent to own. A realtor can help find the second half of the deal you have been searching for.
Unfortunately, not many realtors are interested in rent to own because there isn’t a lot of money for them in the process. In the past, that would constitute a serious roadblock to rent to own; however, there are plenty of websites available for buyers and sellers to find each other.
Completing your rent to own deal without a realtor could save the seller a lot of money on commission. That gives the seller some wiggle room on the sale price, which attracts even more buyers.
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.
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