Rent to Own Homes in Slidell
The city was founded on the north shore of the lake in 1882 and 1883, while the New Orleans and Northeastern Railroad was being constructed.... Read More
The city was founded on the north shore of the lake in 1882 and 1883, while the New Orleans and Northeastern Railroad was being constructed. The town was named after John Slidell, an American politician.The below results are primarily rent to own homes in St. Tammany Parish, LA:
The city was founded on the north shore of the lake in 1882 and 1883, while the New Orleans and Northeastern Railroad was being constructed.... Read More
The city was founded on the north shore of the lake in 1882 and 1883, while the New Orleans and Northeastern Railroad was being constructed. The town was named after John Slidell, an American politician.The below results are primarily rent to own homes in St. Tammany Parish, LA:
Slidell became a center of manufacturing and industrial activity, a large manufacturer of bricks, creosote and lumber. Slidell also became home to many people working at several nearby NASA facilities, leading to its growth as a major New Orleans suburb. It continues to be home to manufacturing plants, corporate headquarters and building companies.
Slidell's public schools are part of the St. Tammany Parish public education system. There are three public high schools in the city, Northshore High School, Salmen High School and Slidell High School. These high schools are known for strong athletic programs, with state championships in several sports.
The city includes a wide array of outdoor recreation opportunities and park areas. Heritage Park, situated behind the Slidell Amtrak train station and located on the bayou, features an array of grilling areas, picnic tables and a boat launch. Alongside the train station, the city also is home to Slidell Airport, a public-use facility.
Buying a Home in Slidell?
With easy access to major employers, a small-town environment and excellent recreational opportunities, Slidell is an attractive place for a family home. The median home value of all houses in Slidell is $149,000, while the median listing price of homes for sale in the city is $179,500. Home values in the city have risen consistently over the past several years and are expected to continue in an upward trend.
Popular Neighborhoods in Slidell?
The Northshore High School district and feeder school areas are particularly well-regarded. French Branch is one subdivision in this area, known for safety and community living that is family-friendly and a great place for children. The Olde Towne area of Slidell features easy access to a Main Street, part of a national program promoting small businesses, walkable community life and close-knit neighborhoods. The area also features several parks and green spaces.
Buying vs. Rent to Own Homes?
You may be certain that you want to settle down permanently in Slidell with your family in your own home. However, you may also need some extra time to save up your down payment or improve your credit score to get the best rates on your mortgage loan. In this situation, a rent to own home can be a great choice for you. You'll choose your home, make a deal on the price and move in now. You'll rent the home for a set period of time, after which you'll place your down payment and buy the home. A portion of your rent will go as a contribution to the purchase price. You can get started now with homeownership with a rent to own home in Slidell.
Cost of Living in Slidell?
The average cost of living in Slidell is just about four percentage points below the national average. Housing, health care and groceries provide particularly strong savings in the city; health care and groceries also fall below the average cost of living for the state of Louisiana. Goods and services, transportation and utilities also sit several percentage points each below the national cost of living. Slidell is an accessible, affordable community for people with a range of income levels.
Slidell offers easy access to a range of employers as well as great transit connections with major highways and the Amtrak train. Situated right on Lake Ponchartrain, the city is host to a range of outdoor activities, boat launches and parks. Its subdivisions and neighborhoods are close-knit and family-friendly, and the center of town features a walkable community with local shops and restaurants. Slidell can make a great home for individual professionals, couples or growing families.
Summary
Slidell offers easy access to a range of employers as well as great transit connections with major highways and the Amtrak train. Situated right on Lake Ponchartrain, the city is host to a range of outdoor activities, boat launches and parks. Its subdivisions and neighborhoods are close-knit and family-friendly, and the center of town features a walkable community with local shops and restaurants. Slidell can make a great home for individual professionals, couples or growing families.
Rent to Own Realtors
Rent to own is beneficial to both buyers and sellers, but that’s not common knowledge. A lot of people look to realtors as a credible source of information for their counterpart in a rent to own deal about the benefits of the program.
However, you likely won’t find a realtor who is interested in helping you. There’s not a lot of profit for realtors in rent to own deals.
Instead, you’ll have to become a credible expert on the process yourself. Honestly, that’s not a bad thing. It’s better that you know everything you need to about the process you’re investing so much time and money into.
About Our Listings
Whether you’re interested in purchasing a condo or a townhouse, or if you’ve been touring apartments and houses, rent to own can be a good option for buyers – often with no credit check.
Just because the seller isn’t checking your credit score doesn’t mean you shouldn’t worry about it. You’ll need to have a credit score high enough to qualify for financing if you want to succeed in a rent to buy deal.
In rent to own by owner programs, sellers want to make a profit off of their properties. They will earn rent money from you whether you successfully buy the house or not. So, they don’t really worry about whether you have the credit score to buy it at the end of the lease.
Lease to purchase deals from a company are often less successful than from an owner because companies tend to snatch up cheap foreclosed homes and lease-option them on an “as is” basis.
Owners who are eager to sell their property may ask you to sign a lease-purchase agreement, which is very different from a lease-option because instead of having the option to buy the property before the end of the lease, you legally have to buy it. That can be difficult if you start the deal with bad credit and cannot bring it up high enough to qualify for a mortgage.
Looking for rent to own listings near me? Start your search on the Rent to Own Labs database.
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