Rent to Own Homes in Shawnee
The United States Census Bureau... Read More
The United States Census Bureau estimates the population of Shawnee to be around 62 thousand people stretched across approximately 42.86 square miles of land, 1.01 square miles of which is water. The city is located along the eastern border of the state of Kansas in Johnson County. The area was first established as a Shawnee Indian mission in 1831 and the city has grown up around that mission ever since 1857. Top employers in the area include FedEx, Bayer HealthCare, EC Manufacturing, Wal-Mart Super Center, IBT, and the City of Shawnee itself.The below results are primarily rent to own homes in :
The United States Census Bureau... Read More
The United States Census Bureau estimates the population of Shawnee to be around 62 thousand people stretched across approximately 42.86 square miles of land, 1.01 square miles of which is water. The city is located along the eastern border of the state of Kansas in Johnson County. The area was first established as a Shawnee Indian mission in 1831 and the city has grown up around that mission ever since 1857. Top employers in the area include FedEx, Bayer HealthCare, EC Manufacturing, Wal-Mart Super Center, IBT, and the City of Shawnee itself.The below results are primarily rent to own homes in :
The city is home to Shawnee Mission Park, which stretches across 1,600 acres of land with a 120 acre lake. It is also home to the Old Shawnee Town Museum, a branch of the Johnson County Library (Shawnee Library), and two public school districts: USD 512 Shawnee Mission School District and USD 232 De Soto School District. The Shawnee Mission School District has five high schools that are fed into throughout the area and the De Soto School District has seven elementary schools, three middle schools, and two high schools. There are also three private schools in Shawnee, including the Marantha Christian Academy, the Kansas City, Kansas Archdiocese Catholic School, and the Midland Adventist Academy.
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
Using a realtor for your rent to own deal can offer great benefits. Agents are well versed in real estate so they can effectively communicate opportunities and discern which of those opportunities is a legitimately good deal.
Nonetheless, not a lot of realtors will want to help with your rent to own deal because upfront profit for a realtor is minimal and the big payout down the line is not a guarantee.
That means you’ll have to do a little research to ensure that you make the best decisions, but you will save money on commission.
About Our Listings
The free listings for rent to own by owner properties on this website make it easier for buyers to find rent to buy programs near me online.
Rent to buy is a good way to sell apartments or houses when the market isn’t particularly active. It’s certainly a more profitable alternative than selling them for cheap prices.
You can choose to lease-option or lease-purchase a condo, townhouse, etc – anything other than foreclosed homes works. In a lease-option, the buyer has the option to buy the home, but in a lease-purchase, the buyer must buy it.
It’s important to note that lease to purchase deals usually come with no credit check because bad credit is the tenant’s responsibility. If the tenant cannot purchase the home at the end of the lease, the seller keeps their rent and option fee. Then, the seller can find another buyer and, hopefully, market conditions are better.
- 66216
- 66203
- 66226
- 66214
- 66219
- 66220
- 66218
- 66217
- 66227
- 66286