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Rent to Own Homes in Tuskegee
Rent to Own Homes in Tuskegee, AL
Tuskegee, Alabama, in Macon County, located in the eastern region of the state, was founded in 1833 by Creek War veteran General Thomas Simpson Woodward. In that same year, the city was named the county seat of Macon County, and is the largest city in the county. As of 2014, the population of Tuskegee was just under 9 thousand people, and the median age range of city residents is at about 26 years.
Tuskegee University, formerly known as the Tuskegee Normal School for Colored Teachers, was founded On July 4, 1881. The first teacher at this historic school was none other than Dr. Booker T Washington, who was a dominant and outspoken leader of the African American community in the late nineteenth and early twentieth centuries.
The school was founded by Colonel W.F. Foster, who was running for re-election in the Alabama Senate in 1881 and approached former slave and African American community leader Lewis Adams to learn how to gain the African American vote. Adams asked for an educational institution for his people, and the school was born. Today, Tuskegee University stands as an independent hall of higher education that focuses on a strong liberal arts foundation for its students.
Rent to Own Homes in Tuskegee, AL
Tuskegee, Alabama, in Macon County, located in the eastern region of the state, was founded in 1833 by Creek War veteran General Thomas Simpson Woodward. In that same year, the city was named the county seat of Macon County, and is the largest city in the county. As of 2014, the population of Tuskegee was just under 9 thousand people, and the median age range of city residents is at about 26 years.
Tuskegee University, formerly known as the Tuskegee Normal School for Colored Teachers, was founded On July 4, 1881. The first teacher at this historic school was none other than Dr. Booker T Washington, who was a dominant and outspoken leader of the African American community in the late nineteenth and early twentieth centuries.
The school was founded by Colonel W.F. Foster, who was running for re-election in the Alabama Senate in 1881 and approached former slave and African American community leader Lewis Adams to learn how to gain the African American vote. Adams asked for an educational institution for his people, and the school was born. Today, Tuskegee University stands as an independent hall of higher education that focuses on a strong liberal arts foundation for its students.
In 1923, the Tuskegee Home became the Tuskegee Veterans Administration Medical Center, which is a part of the larger National Home for Disabled Volunteer Soldiers program. Its original purpose was to provide medical care for African American veterans who served during World War I, but continued to live in a segregated home. The Center also helped other African Americans in the community attain professional careers that were unavailable to them elsewhere.
Buying vs Renting to Own
Rent to own is a great option for people who want to buy a house, but are still working on getting the financing for it. People who are anywhere between a few months and three years away from qualifying for financing should consider rent to own.
Unlike renting, you don’t have to keep making rent payments for the full lease term. Once you’re able to close, you have the right to do that.
Rent to own is very similar to buying, in that buying is the end result of a successful rent to own deal.
The primary difference between the two is that rent to own takes longer than buying, which is the advantage of rent to own. It gives buyers time to get their finances in order to buy a home while not getting trapped into a lease term.
Summary
Tuskegee, Alabama, is known for its long history of racial struggle and African American success, particularly leading up to the end of segregation in the South. Today, the city stands as a stalwart reminder of the past and how the struggle for civil rights for black voters was won. The city is of a primarily urban construction and is welcoming to all who would throw their hats into the ring for the fight for continued equality.
Rent To Own Labs provides a diverse set of real estate listings, including rent to own (“lease to own” or “lease purchase”), owner financing, foreclosed, for sale by owner, and rental home opportunities. These listings are available to low-income residents and those with bad credit or no credit, and include both condos & houses. Rent to own homes near me include the list of zip codes we serve in this area:
- 36083