Rent to Own Homes in Snellville
In an effort to revitalize parts of the city, the Snellville City Council negotiated a land swap deal that turned the old Oakland Village Shopping Center into open green space and funded the construction of a new city hall building and a new senior center. It took more than five years for the council to pass the deal and carry out the building and renovation process.The below results are primarily rent to own homes in Gwinnett County, GA:
In an effort to revitalize parts of the city, the Snellville City Council negotiated a land swap deal that turned the old Oakland Village Shopping Center into open green space and funded the construction of a new city hall building and a new senior center. It took more than five years for the council to pass the deal and carry out the building and renovation process.The below results are primarily rent to own homes in Gwinnett County, GA:
Many Snellville residents commute to Atlanta or other surrounding cities for employment. Most jobs within the city are in the retail or restaurants industries, but more professional positions are available in the larger cities nearby. Residents often choose to live in Snellville despite the commute because they appreciate the lower crime rates, the more reasonable real estate prices and the simple charm of a smaller town. Families are also served by the Snellville Parks and Recreation department and recreational areas like Briscoe Park.
Buying a Home in Snellville?
The median listing price for Snellville homes typically stays around $200,000, and you can expect to pay at least $70 per square foot. There are usually more than 500 homes for sale at any given time, including many new constructions selling for less than $300,000. Nearly 90 percent of residents own their homes, and there are many residential neighborhoods located close to parks, green spaces and shopping centers. If you're moving to town with children, note that most Snellville schools are rated highly by parents.
Popular Neighborhoods in Snellville?
Some of the more prestigious neighborhoods in Snellville include Windsor Estates, Havenstone and Summer Place. You can expect to pay around $500,000 in these neighborhoods, but you'll find some of the larger and newer homes in this area. For homes selling closer to $200,000, consider neighborhoods like Pembrook Farms, Victoria Estates and Horseshoe Creek. You may find a mix of real estate prices in the Graycliff neighborhood.
Buying vs. Rent to Own Homes?
Would you jump at the chance to move into your future home today? Rent-to-own homes in Snellville may give you that opportunity. These unique contracts allow you to rent property with the intention of purchasing the same property in the future. This is a good opportunity if you're preparing to buy a home but aren't ready to secure financing. You get the time that you need to prepare, and you get to live in your home in the meantime. If you're ready to head toward homeownership, jump at the rent-to-own opportunity.
If you want to live in northern Georgia and prefer a small town with friendly neighbors and a reasonable cost of living, you may find the city of Snellville an attractive option. The city is located about 30 miles outside of Atlanta, and many residents commute to the larger city for employment. Snellville has a new city hall building and senior center as well as many parks and open green spaces suitable for exercise and relaxation. This is a growing town that is attractive to many families with children of all ages.
Summary
If you want to live in northern Georgia and prefer a small town with friendly neighbors and a reasonable cost of living, you may find the city of Snellville an attractive option. The city is located about 30 miles outside of Atlanta, and many residents commute to the larger city for employment. Snellville has a new city hall building and senior center as well as many parks and open green spaces suitable for exercise and relaxation. This is a growing town that is attractive to many families with children of all ages.
Rent to Own Realtors
Realtors can qualify buyers to get an idea of when they will be ready to purchase a rent to buy home and inform them on how long to set the lease term, but mortgage officers can do that too.
Banks can make a lot of profit off of a successful mortgage. That’s why mortgage officers will be willing to help you figure out the details of your rent to own deal. However, real estate agents don’t make enough profit off of rent to own deals to justify waiting a few years for the commission.
While real estate agents might be a logical partner in rent to own deals, you’ll have a lot of difficulties finding one to help you. For everything you think you need a realtor for, consider what other types of professionals might be able to help you, like title companies or lawyers.
About Our Listings
Rent to Own Labs offers more than free listings for rent to buy houses.
Our website also includes real estate owned properties, which are bank-owned foreclosed homes that didn’t sell at auction. You can buy these types of properties for cheap prices because the bank isn’t in the business of real estate; it’s just looking to get rid of the condo, townhouse, etc. that it has on the book.
Sellers directly list rent to own by owner apartments and houses as lease-option or lease-purchase programs with no credit check. On lease to purchase contracts, the buyer is contractually obligated to buy the home, and on lease to own contracts, the buyer is financially motivated. It doesn’t matter to the seller if you have a bad credit score because they know you have a lot at risk if you don’t buy the home you’re renting to own.
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