Rent to Own Homes in Vacaville
The below results are primarily rent to own homes in Solano County, CA:
Vacaville is a central California city located approximately 55 miles north of San Francisco and about 35 miles south of Sacramento. Located in Solano County, this city was originally formed as a Pony Express stop. Farming was a way of life for this early community, and small farms eventually gave way to many large produce companies selling their goods to surrounding communities. The city continues to grow and is up to more than 92,000 residents as reported by the 2010 United States Census.
The average family size in 2010 was fewer than three people, but there are many families with children living in Vacaville. The Vacaville Unified School District provides quality educational programs for all Vacaville secondary students as well as primary students. Residents of all ages also enjoy easy access to fun shopping destinations like Vacaville Premium Outlets. This is a large complex of outlet stores that helps residents offset the high cost of living that is common throughout California.
Other attractions that make life in Vacaville enjoyable include Lagoon Valley and the historic downtown district. There are also many wineries and vineyards in nearby Suisan Valley, so heading out for a day of wine tasting or a brisk walk through the lush vineyard is always a possibility. When the adults are ready for a night cap, the active nightlife scene offers a variety of bars and dance clubs.
Buying a Home in Vacaville
While the median listing price for homes in Vacaville is typically over $400,000, the median sales price is often just below that figure. It’s common for buyers to pay more than $200 per square foot, and some of the larger and more updated homes can sell for much higher prices. Nearly 70 percent of people living in this town are homeowners, so it’s not difficult to find stable neighborhoods with few to no rental properties.
While all schools in the city receive decent ratings, some score much higher than others. If you’re concerned about the quality of public education, try to purchase a home within the Elise P. Buckingham Charter Magnet High School district. Orchard and Cooper are the two leading elementary schools, and both middle schools are even in ratings.
Popular Neighborhoods in Vacaville
If you’re searching for a family-friendly neighborhood located close to some of the best Vacaville schools, consider the neighborhood filling the southeastern corner of the city. This area is south of Fry Road and east of Lewis Road, and it extends a little past Nut Tree Road for the western border. Cypress Lakes Golf Course is located here, and most of the homes have more than three or four bedrooms. The median retail price is typically close to $600,000 in this area, and most residents own the homes in which they live.
If you want to secure a job in retail or prefer to live close to the best shopping centers in town, consider living near the outlet mall. This area often features some of the more affordable homes, and it keeps you in a central location so that you can control your transportation expenses.
Buying vs. Rent to Own Homes
How anxious are you to purchase a home in Vacaville? You may want to move as soon as possible, but that doesn’t mean that you’re financially ready to become a homeowner. If you find a rent-to-own home, you can move right away while buying yourself some time before you officially apply for a home loan. You start out with a rental period, and then you transition into buying the home when you’re ready to fully take on that responsibility. The rental period is great for improving your credit or shopping around for mortgage lenders so that you end up with the lowest interest rate possible.
Cost of Living in Vacaville
The cost of housing in Vacaville often rises more than 80 percent higher than the national average, and that drives up the overall cost of living for the city. You can expect to pay slightly higher-than-average prices for transportation, utilities, food and everyday goods and services. If you budget carefully and select a home that is within your budget, you can still purchase a comfortable house and live within your means in Vacaville.
Vacaville is a mid-sized California city located between Sacramento and San Francisco. It attracts many families and young professionals interested in settling into a safe community with quality public schools and a variety of parks for outdoor recreation. It’s also popular for its large outlet mall, which helps residents live more comfortably with the high cost of living common to California cities. Residents can travel to the larger surrounding cities for entertainment, but there are also many wineries and vineyards just outside city limits.
Rent to Own Realtors
Realtors are highly skilled at informing potential buyers and prospective sellers about rent to own. A realtor can help find the second half of the deal you have been searching for.
Unfortunately, not many realtors are interested in rent to own because there isn’t a lot of money for them in the process. In the past, that would constitute a serious roadblock to rent to own; however, there are plenty of websites available for buyers and sellers to find each other.
Completing your rent to own deal without a realtor could save the seller a lot of money on commission. That gives the seller some wiggle room on the sale price, which attracts even more buyers.
About Our Listings
It’s in the bank’s best interest to avoid foreclosed homes because they end up having to sell them cheap to recoup lost money. So, they try to play it safe with mortgage approvals by steering clear of people with bad credit.
That doesn’t help someone who’s working on getting their credit together to buy a condo or a townhouse. Nonetheless, rent to buy programs can help people work toward purchasing houses and apartments with no credit check.
The free listings on our site are usually rent to own by owner, so deals are more reasonable and trustworthy than big company lease to purchase properties are. Whenever you’re ready just look for lease-option or lease-purchase homes near me on the Rent to Own Labs website.
Reported Annual Crime In Vacaville