Rent to Own Homes in Statesville
The city was first connected to the railroad in 1833,... Read More
The city was first connected to the railroad in 1833, and by 1858 it had become a leading center of tobacco products, whiskey and agricultural distribution. The city is home to a number of historic buildings and sites, including the Fort Dobbs State Historic site, associated with the French and Indian War, and Congregation Emanuel, one of less than 100 19th-century synagogues still standing in the country.The below results are primarily rent to own homes in Iredell County, NC:
The city was first connected to the railroad in 1833,... Read More
The city was first connected to the railroad in 1833, and by 1858 it had become a leading center of tobacco products, whiskey and agricultural distribution. The city is home to a number of historic buildings and sites, including the Fort Dobbs State Historic site, associated with the French and Indian War, and Congregation Emanuel, one of less than 100 19th-century synagogues still standing in the country.The below results are primarily rent to own homes in Iredell County, NC:
The city is also home to a wide range of parks and outdoor activities. There are at least six golf courses in the city, including several public, open courses. Statesville also hosts many public parks and green spaces.
Statesville is home to a Summer League Collegiate Baseball League team, the successor to the Statesville Owls, a minor-league team that played in the city for over two decades. The team shares a field with the Statesville Senior High School baseball team.
Buying a Home in Statesville?
With a wide variety of outdoor activities, recreational options and a bustling history that continues to the present day, Statesville can be a great place to make your family home. The median value of homes throughout the city is $116,700, while the median value of homes for sale in Statesville is $165,000. Home values have risen significantly in the past several years and are expected to continue to rise; homes in the city are, on average, worth much more now than they were in 2007.
Popular Neighborhoods in Statesville?
The east side of Statesville is home to a number of popular neighborhoods and subdivisions. It is also home to a wide array of shopping and dining options, including major chain stores, as well as easily accessible to parks and other outdoor recreation options. The northern area of the city is also very popular, and the North Iredell High School is well-regarded in academics and athletics, as is Statesville Senior High. Statesville is also home to a walkable historic downtown with art events and a weekly farmers market for fresh, locally grown produce.
Buying vs. Rent to Own Homes?
When you're sure that you're ready to embark on the homeownership experience in Stateville, you may still want some more time to nail down your financials. For example, you may need to save up a bit more money for your down payment, or you may want to optimize your credit for a better mortgage rate. If this is the case, a rent to own home may be a good option for you. You'll settle on your home, agree on a price and move in; but instead of buying now, you'll rent for a few years while preparing for your home purchase. At the end of the lease period, you'll buy your home, with the assistance of some credit built up through your monthly rental payments.
Cost of Living in Statesville?
You'll save living in Statesville, as the cost of living is 11 percentage points below the United States average. Housing is one of the biggest areas of savings in Statesville, as housing costs in the city are only 63 percent of the national midpoint. You'll also save on miscellaneous expenses and transportation in the city. Statesville grocery, health care and utility prices are just at or above the national average prices for these goods and services.
With an active downtown area, expansive outdoor recreation and many well-regarded schools, Statesville can be an excellent choice for families, couples and individuals looking to settle into a home in this small city. Neighborhoods are friendly and close-knit, with a range of social activities and recreational offerings organized by the city. The historic downtown offers farmers markets and small business shopping, while the city is also host to major chain shops, malls and restaurants.
Summary
With an active downtown area, expansive outdoor recreation and many well-regarded schools, Statesville can be an excellent choice for families, couples and individuals looking to settle into a home in this small city. Neighborhoods are friendly and close-knit, with a range of social activities and recreational offerings organized by the city. The historic downtown offers farmers markets and small business shopping, while the city is also host to major chain shops, malls and restaurants.
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
Rent to Own Labs offers free listings for rent to own by owner, foreclosed homes and owner financed properties. Start looking for apartments or houses near me with the Rent to Own Labs search function.
These programs are a great way to buy a condo or townhouse if you have bad credit. In fact, lease purchase and rent to buy programs usually offer cheap homes with no credit check. Just make sure you look at your lease to purchase agreement to understand whether you have the option or obligation to buy the home you’re looking at. Lease-purchase agreements require the buyer to purchase by the end of the lease term, while lease-option agreements give the buyer the option to buy.
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