Rent to Own Homes in Surprise
Positioned between the city of Peoria and the White Tank Mountain Regional Park, this scenic city is also home to an expansive public library worth more than $5 million and a community aquatics center. Surprise Stadium is a hotspot for local entertainment, and residents enjoy easy access to specialists through nearby Del Webb Hospital.
There are many family-friendly residential areas found throughout the city, and it isn’t difficult to get a good deal on a large home even when the real estate market turns competitive. Surprise is also home to some quality retirement communities, including the popular Sun City Grand.
The one downside to living in Surprise is the lack of access to highways. If you frequently take road trips across the United States or plan to commute to a larger city, this isn’t the most convenient place to live.
Buying a Home in Surprise?
There are typically 500 or more homes for sale in Surprise at any given time. You can often find homes with up to four or more bedrooms selling for less than $300,000, and it isn’t difficult to find affordable prices even in the most desirable neighborhoods. You can expect median listing prices to fall under $250,000 while median sales prices hover closer to the $200,000 mark.
While the market isn’t as aggressive as in some other cities, it is possible for a property to receive two offers simultaneously. If you come in with a reasonable offer, there’s a good chance that you’ll win your dream home in Surprise.
Popular Neighborhoods in Surprise?
If you’re searching for a family-friendly neighborhood within close proximity to some of the best public schools in Surprise, you may feel right at home in Marley Park. With a community swimming pool and grassy areas where children can play close to home, this is one of the most popular areas for families with kids of all ages. Homes in this area are newer builds with up to six bedrooms, and you can hire a builder to create your dream home within the community.
Positioned west of the 303 and centered around Willow Canyon High School, the Surprise Farms neighborhood is also quite popular. This area is monitored by an active homeowner’s association and includes a neighborhood watch program. It also has a community skate park to keep older kids entertained. Buying vs. Rent to Own Homes
Once you start thinking about buying a home, your to-do list grows substantially. You need to check your credit report and obtain all three of your credit scores, and then you have to clean up your report and get those scores up to acceptable levels. You can then start gathering the paperwork required to apply for a mortgage loan with a bank or another lender. If you want to buy a home soon but aren’t ready to talk to a lender, you may find rent-to-own homes a suitable alternative.
This type of agreement allows you to move into your new home right now, but you start out as a renter. Your contract will determine how much time you have to obtain financing and officially purchase the home, and the current owner may maintain responsibility for upkeep of the property until the sale is complete. The terms will vary from one property to another, but this is something to consider if you want to purchase a home but need more time to secure funding.
Cost of Living in Surprise?
The cost of housing in Surprise is slightly elevated from the national average, and that increases the city’s overall cost of living to approximately 5 percent above the national average. The cost of utilities is typically below the national average while other expenses remain average. Even if you pay a little more than expected for your home, Surprise is one of the more affordable places to live if you’re searching for a low-crime area with high-quality public schools.
Surprise, Arizona, is a great place to live if you want to enjoy a comfortable suburban lifestyle with access to a large stadium, an aquatic center and a large public library. There are many upscale neighborhoods that feature swimming pools, play areas, dog parks, skate parks and other community amenities. While the cost of housing is slightly above the national average, the overall cost of living in the city is about average.
Summary
Surprise, Arizona, is a great place to live if you want to enjoy a comfortable suburban lifestyle with access to a large stadium, an aquatic center and a large public library. There are many upscale neighborhoods that feature swimming pools, play areas, dog parks, skate parks and other community amenities. While the cost of housing is slightly above the national average, the overall cost of living in the city is about average.
Rent to Own Realtors
Working with a realtor doesn’t guarantee that you will successfully complete a rent to own deal, but their knowledge and expertise can make a big difference in your success rate.
Unfortunately, not many realtors will want to work with you on a rent to own deal. There isn’t a lot of profit for a realtor in rent to own deals.
So, you’ll need to find others with the knowledge and expertise you are looking for to ensure a successful lease-option experience. Consider consulting with a realtor, a title company and a mortgage officer instead. These professionals are better than a realtor because they are experts in their respective fields, as opposed to realtors who know a good deal about each of those rent to own factors.
About Our Listings
When you’re looking for your first townhouse or condo, you learn pretty quickly that it’s difficult to secure financing for houses when you have bad credit. However, you can find properties, like apartments, in our free listings that might meet your needs.
Our database includes free listings for cheap properties available for lease-purchase, rent to own by owner, foreclosed homes and owner financing. Many of these programs will work with you with no credit check.
The convenient part of rent to buy and lease to purchase agreements is that they give buyers time to prepare to purchase a home by saving up a down payment and improving their credit score. Owner financing often has less stringent requirements than conventional financing. Search for properties near me to find the program that’s most convenient.
- 85374
- 85379
- 85388
- 85387
- 85378