Rent to Own Homes in Scottsville
As of 2010, the median income per Scottsville household was around $25,000. The median income per family was a bit higher at just over $36,000. Some of Allen County's major employers include the Dollar General Corporation, the JM Smuckers Company and the Medical Center at Scottsville. Residents of this small town have access to jobs with many of these large employers as well as with an assortment of small companies, restaurants and service-oriented businesses within city limits.The below results are primarily rent to own homes in Allen County, KY:
As of 2010, the median income per Scottsville household was around $25,000. The median income per family was a bit higher at just over $36,000. Some of Allen County's major employers include the Dollar General Corporation, the JM Smuckers Company and the Medical Center at Scottsville. Residents of this small town have access to jobs with many of these large employers as well as with an assortment of small companies, restaurants and service-oriented businesses within city limits.The below results are primarily rent to own homes in Allen County, KY:
Some of the biggest Scottsville area attractions include the Habbeger's Amish Market and the Arts on Main Summer Concert Series. Hunting and fishing are popular activities for this area of Kentucky, and the city is home to some small family-owned restaurants offering home-style meals. Children of all ages are served by the Scottsville Public Schools, which includes Allen County Scottsville High School.
Buying a Home in Scottsville?
You can expect to pay around $300,000 for homes in some of the most popular Scottsville neighborhoods. There are also some homes in move-in ready condition that sell for around $200,000, and smaller homes with one or two bedrooms are often listed for less than $100,000. While it's important to know your maximum spending limit, it's also helpful to hit this market armed with a list of home features that you can't live without. This will help you isolate properties that are more likely to fit your lifestyle as well as your budget.
Buying vs. Rent to Own Homes?
Don't settle for rental properties when there are rent-to-own homes available in the Scottsville area. These properties give you all the perks of renting along with the option to purchase the home. The rental period hands you all the flexibility that you may need to determine if the property is right for your household. Once you secure funding and purchase the property, you can consider yourself a homeowner.
If you enjoy hunting and fishing, you may fit right into the Scottsville, Kentucky, community. This small town located 25 miles from Bowling Green is a haven for outdoor enthusiasts and is home to more than 4,000 friendly residents. While the town is well known for its Mennonite community, a large portion of the population falls outside of that religious group. Amish shops offering homemade goods are still quite popular throughout this area of south-central Kentucky.
Summary
If you enjoy hunting and fishing, you may fit right into the Scottsville, Kentucky, community. This small town located 25 miles from Bowling Green is a haven for outdoor enthusiasts and is home to more than 4,000 friendly residents. While the town is well known for its Mennonite community, a large portion of the population falls outside of that religious group. Amish shops offering homemade goods are still quite popular throughout this area of south-central Kentucky.
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
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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