Rent to Own Homes in Sandersville
Founded in 1796, the town was originally... Read More
Founded in 1796, the town was originally named Saundersville, after the local shop owner, M. Saunders, who donated a portion of his land for the Washington County Courthouse, but the town’s name was soon changed to Sandersville. During the Civil War, General William T. Sherman led several skirmishes in the area, which led to the original jail and courthouse burning down. After the Civil War, with so much industry and re-building taking place, the Sandersville Railroad was constructed in 1893. The below results are primarily rent to own homes in Washington County, GA:
Founded in 1796, the town was originally... Read More
Founded in 1796, the town was originally named Saundersville, after the local shop owner, M. Saunders, who donated a portion of his land for the Washington County Courthouse, but the town’s name was soon changed to Sandersville. During the Civil War, General William T. Sherman led several skirmishes in the area, which led to the original jail and courthouse burning down. After the Civil War, with so much industry and re-building taking place, the Sandersville Railroad was constructed in 1893. The below results are primarily rent to own homes in Washington County, GA:
While cotton farming was the primary economic source for Sandersville, by the 1950’s, kaolin, a mineral used in paper, first aid supplies, and cosmetics, was being mined and developed. Sandersville is nicknamed the “kaolin capitol of the world.” While mining has decreased in the area, it is still an industrial region. Today, the main economic drivers are manufacturing, transportation, and warehousing.
Buying a Home in Sandersville?
Due to its low cost of living, low housing prices, and the benefits of small town living, Sandersville is an excellent place to buy a home. The median home price is only $94,000, only
60 percent of the state’s median home price. The median income is approximately $30,000, which is a dramatic increase from the median income in 2000, and the cost of living is 20 percent below the national average. The Washington County School District serves Sandersville and is composed of four schools: Ridge Road Primary, Ridge Road Elementary, Elder Middle School, and Washington County High School.
Buying vs. Rent to Own Homes?
Owning a home adds to a family's sense of community, and there are many benefits to buying a home. However, without a large down payment, good credit, and mortgage prequalification, it can seem like home ownership is out of reach. With a rent to own home, you can move into a home with the understanding that you will work towards purchasing in the future. The rent you pay will go towards a down payment, and you can focus on being able to buy while already living in a home you love!
Sandersville, Georgia has all the benefits of small city living while being conveniently located to Macon and Augusta. It is a town with a rich history and a bright future. With a strong economy based in manufacturing, industry, and warehousing, Sandersville has low unemployment rates combined with a low cost of living. Good schools, low house prices, and low crime rates make Sandersville a great place to own a home and raise a family.
Summary
Sandersville, Georgia has all the benefits of small city living while being conveniently located to Macon and Augusta. It is a town with a rich history and a bright future. With a strong economy based in manufacturing, industry, and warehousing, Sandersville has low unemployment rates combined with a low cost of living. Good schools, low house prices, and low crime rates make Sandersville a great place to own a home and raise a family.
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
Lease-purchase programs offer sellers more certainty than traditional rent to buy because buyers are contractually obligated to buy the condo, townhouse or house by the end of the lease term. Normally, rent to own by owner means the buyer has the option to buy and the seller has the obligation to sell.
Lease-options are more convenient for buyers. However, buyers and sellers may work out lease to purchase deals for houses and other properties when the seller is overlooking a bad credit score or a small option fee. The requirement for buyers to purchase properties makes sellers feel more comfortable leasing with no credit check because they don’t have to worry about whether buyers will opt out.
If you’re interested in looking for apartments for lease option, check out our free listings by searching for properties near me. We showcase more than just rent to own. Use our site to find cheap foreclosed homes or owner financing.
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