Rent to Own Homes in Valley
The Greater Valley Area includes the two other largest cities in the county, Lanett and LaFayette; Valley itself has a population of around 9,524.The below results are primarily rent to own homes in Chambers County, AL:
The Greater Valley Area includes the two other largest cities in the county, Lanett and LaFayette; Valley itself has a population of around 9,524.The below results are primarily rent to own homes in Chambers County, AL:
The city has a range of outdoor recreational opportunities, including a 7-mile walking and biking trail created from the railbed of the Chattahoochee Valley Railroad. Valley has access to fishing, canoeing and swimming on the river and is surrounded by beautiful scenery. The city also hosts the Valley Community Center, a 54,000-square foot recreational center and the Sportsplex, surrounded by five athletic field.
Schools in Valley are part of the Chambers County school system. Within the city there is one high school, Valley High School, one middle school and three elementary schools. The city is also host to a two-year community college, Southern Union State Community College.
The city is in easy reach of major urban areas; Valley is about one hour from Atlanta, 30 minutes from Columbus and 20 minutes from Auburn University. It is host to Lanier Memorial Hospital as well as a medical park where many hospital physicians operate medical practices.
Buying a Home in Valley?
With its small-town appeal and close commute to major cities, Valley may appeal as an excellent place for your family home. Especially if you are interested in outdoors activities and want to take advantage of the recreational opportunities of the Chattahoochee River, Valley can make an excellent home for you. Homes in Valley are often priced below $100,000 and even below $50,000 for older and more compact homes. Even these smaller homes are often surrounded by plenty of land for expansion or just room to play. Newer, large homes, often with riverfront access, are also available in the city at prices of $200,000 and up.
Popular Neighborhoods in Valley?
Valley is a small city with close-knit communities. Each of the former villages that came together to create Valley continues to offer a family-friendly neighborhood with parks and lots of open land. Riverfront homes are some of the most exciting property in the city, with immediate access to swimming, boating, kayaking, fishing and other riverside recreational activities. Because all of Valley shares a school system, children throughout the city get to know one another and develop friendships.
Buying vs. Rent to Own Homes?
You may know that you want to make your family home in Valley, but the next steps may be holding you back: saving up your down payment and improving your credit for mortgage approval. When you're ready to become a homeowner but need some more time for these essentials, a rent to own home can provide a good option for you. You'll choose your home, settle on a price and move in now; however, you'll rent for a time before completing the purchase. This type of home can get you started now on your path to homeownership.
Cost of Living in Valley?
The cost of living in Valley is far below the national average. The biggest factor in this savings is the cost of housing; prices in Valley are only 40 percent of the United States average housing cost. You'll also save in Valley on groceries and utilities, which each sit several points below the U.S. midpoint. Health, transportation and miscellaneous costs are right around the national average.
With a small-town, close-knit feel, easy access to major urban centers and proximity to exceptional outdoor recreational opportunities, Valley is a family-friendly community that can be a great choice to call home. It is convenient to major shopping and chain dining, while homes within the city offer lots of land as well as great city recreational opportunities. An Alabama Community of Excellence, Valley has great public services and an excellent community spirit.
Summary
With a small-town, close-knit feel, easy access to major urban centers and proximity to exceptional outdoor recreational opportunities, Valley is a family-friendly community that can be a great choice to call home. It is convenient to major shopping and chain dining, while homes within the city offer lots of land as well as great city recreational opportunities. An Alabama Community of Excellence, Valley has great public services and an excellent community spirit.
Rent to Own Realtors
Using a realtor for your rent to own deal can offer great benefits. Agents are well versed in real estate so they can effectively communicate opportunities and discern which of those opportunities is a legitimately good deal.
Nonetheless, not a lot of realtors will want to help with your rent to own deal because upfront profit for a realtor is minimal and the big payout down the line is not a guarantee.
That means you’ll have to do a little research to ensure that you make the best decisions, but you will save money on commission.
About Our Listings
Whether you’re interested in purchasing a condo or a townhouse, or if you’ve been touring apartments and houses, rent to own can be a good option for buyers – often with no credit check.
Just because the seller isn’t checking your credit score doesn’t mean you shouldn’t worry about it. You’ll need to have a credit score high enough to qualify for financing if you want to succeed in a rent to buy deal.
In rent to own by owner programs, sellers want to make a profit off of their properties. They will earn rent money from you whether you successfully buy the house or not. So, they don’t really worry about whether you have the credit score to buy it at the end of the lease.
Lease to purchase deals from a company are often less successful than from an owner because companies tend to snatch up cheap foreclosed homes and lease-option them on an “as is” basis.
Owners who are eager to sell their property may ask you to sign a lease-purchase agreement, which is very different from a lease-option because instead of having the option to buy the property before the end of the lease, you legally have to buy it. That can be difficult if you start the deal with bad credit and cannot bring it up high enough to qualify for a mortgage.
Looking for rent to own listings near me? Start your search on the Rent to Own Labs database.
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