Rent to Own Homes in Sulphur
Sulphur received its name from the Sulphur mines that originally sparked growth in this area of Louisiana. The American Sulphur Company and other industry investors moved into the area to develop those mines, bringing new residents along with them in the 1900s. Some of the main attractions located inside Sulphur city limits now include the Spar Aquatic Center, the Creole Nature Trail Adventure Point and the Brimstone Museum Complex.The below results are primarily rent to own homes in Calcasieu Parish, LA:
Sulphur received its name from the Sulphur mines that originally sparked growth in this area of Louisiana. The American Sulphur Company and other industry investors moved into the area to develop those mines, bringing new residents along with them in the 1900s. Some of the main attractions located inside Sulphur city limits now include the Spar Aquatic Center, the Creole Nature Trail Adventure Point and the Brimstone Museum Complex.The below results are primarily rent to own homes in Calcasieu Parish, LA:
This city is also known for the golf courses and family-friendly parks dotting the landscape. Old Sulphur remains one of the most popular neighborhoods, and residents are served by Sulphur High School and the Sulphur High Ninth Grade Campus.
Buying a Home in Sulphur?
Nearly 80 percent of residents own their homes in Sulphur. There are many family-friendly communities located close to public schools, parks, museums and a variety of entertainment venues. Since all schools serving the city are highly rated and the crime rates tend to stay low, you can select a home with most of your focus on the proximity to your work and other areas of town that you may visit frequently. The median listing price tends to stay below $300,000, but you can expect to find some neighborhoods where prices go significantly higher.
Popular Neighborhoods in Sulphur?
Some of the more exclusive Sulphur neighborhoods are located in the northern tip of the city and along the western coast. You'll find some of the more popular areas on the eastern edge of Prien Lake, mostly running north of Route 384, west of Lake Street and south of I-10. Real estate prices typically stay between $250,000 and $300,000 in this area, but you'll find some luxury homes that sell for much more.
If you need lower real estate prices but want to stay close to some of the best schools in low-crime areas, head to the northern tip of the city to the Gillis area. You'll find homes selling for well under $200,000 in this region of the city.
Buying vs. Rent to Own Homes?
Are you interested in purchasing a home in Sulphur within the next three or four years? If so, rent-to-own homes may work to your advantage. These properties allow you to move in right away, but you don't have to officially buy the house until a later date. You usually have at least one year to make the purchase official, and you can use that time to strengthen your application for a mortgage loan. If you need to move now and don't want to move again once you purchase a home, these properties may help you out.
Cost of Living in Sulphur?
The overall cost of living in Sulphur typically stays around 10 percent below average. This is largely due to low housing prices. The housing market can drop 30 percent or more below the national average at times, and that lowers the cost of living significantly. You can expect to pay average prices for most goods and services, including utilities, healthcare and transportation.
Sulphur is located within a two-hour drive of the Gulf of Mexico in the southwestern corner of Louisiana. It's home to many walking trails, museums and parks in addition to a large aquatic complex and a variety of family-friendly entertainment venues. While it's not the cheapest place to live, the cost of living is reasonable for most consumers. There are many affordable homes on the market, and the community attracts many growing families.
Summary
Sulphur is located within a two-hour drive of the Gulf of Mexico in the southwestern corner of Louisiana. It's home to many walking trails, museums and parks in addition to a large aquatic complex and a variety of family-friendly entertainment venues. While it's not the cheapest place to live, the cost of living is reasonable for most consumers. There are many affordable homes on the market, and the community attracts many growing families.
Rent to Own Realtors
When it comes to contracts, there are usually plenty of loopholes. You don’t want to be blindsided because your counterpart in a rent to own deal knows them better than you do.
A realtor might be the logical person to ask for help with a real estate deal, but instead, you should consult with a lawyer to ensure that your lease-option contract benefits you just as much as it benefits the other party.
Realtors likely will not want to help you with a lease-option because they don’t make a lot of money off of them – at least, they don’t make a lot of money until the end of the lease, and that isn’t a guarantee.
Regardless, a lawyer will have more accurate information about your contracts anyway.
About Our Listings
When you rent to buy a condo or a townhouse, you’re taking the first step toward becoming a homeowner. You can take advantage of many rent to own by owner programs with no credit check. Having bad credit shouldn’t stop you from owning one of your favorite apartments or houses.
While you lease-option or lease-purchase, you’ll work on improving your credit score and saving up a down payment so that you can qualify with the bank for the house you’re interested in. The bank is frugal with mortgage approvals because they often end up selling foreclosed homes for cheap prices because people cannot afford their mortgage payments.
When you lease to purchase, you’re making yourself into a better candidate for purchasing properties. Check out Rent to Own Lab’s free listings to find properties near me that meet your family’s needs.
- 70663
- 70665
- 70664