Rent to Own Homes in Walker
Walker is a small town located approximately 20 miles outside of Baton Rouge in eastern Louisiana. The city was originally founded by Michael Milton and later featured a post office named after legislator Dr. William Elliott Walker. Today, the city remains quite small with fewer than 10,000 residents. The biggest attraction for many of those residents... Read More
Walker is a small town located approximately 20 miles outside of Baton Rouge in eastern Louisiana. The city was originally founded by Michael Milton and later featured a post office named after legislator Dr. William Elliott Walker. Today, the city remains quite small with fewer than 10,000 residents. The biggest attraction for many of those residents is the friendly attitude of the community and the location, which keeps residents within a 90-minute drive of New Orleans, Lake Maurepas, Lake Pontchartrain and the Gulf of Mexico.
Residents can commute to Baton Rouge for employment, and there are many large companies with a presence in other regions of Livingston Parish. Job opportunities are available with CB&I, Deltak Manufacturing, Our Lady of the Lake, Bass Pro Shops, Walmart and many additional companies in a variety of industries. Some of these jobs are located right in Walker while others require a short drive to Holden or Denham Springs. Both of these cities are within 10 miles of Walker.The below results are primarily rent to own homes in :
Walker is a small town located approximately 20 miles outside of Baton Rouge in eastern Louisiana. The city was originally founded by Michael Milton and later featured a post office named after legislator Dr. William Elliott Walker. Today, the city remains quite small with fewer than 10,000 residents. The biggest attraction for many of those residents... Read More
Walker is a small town located approximately 20 miles outside of Baton Rouge in eastern Louisiana. The city was originally founded by Michael Milton and later featured a post office named after legislator Dr. William Elliott Walker. Today, the city remains quite small with fewer than 10,000 residents. The biggest attraction for many of those residents is the friendly attitude of the community and the location, which keeps residents within a 90-minute drive of New Orleans, Lake Maurepas, Lake Pontchartrain and the Gulf of Mexico.
Residents can commute to Baton Rouge for employment, and there are many large companies with a presence in other regions of Livingston Parish. Job opportunities are available with CB&I, Deltak Manufacturing, Our Lady of the Lake, Bass Pro Shops, Walmart and many additional companies in a variety of industries. Some of these jobs are located right in Walker while others require a short drive to Holden or Denham Springs. Both of these cities are within 10 miles of Walker.The below results are primarily rent to own homes in :
For recreation in the summer months, Walker residents can visit the Aqua PARDS water park located just north of town. North Park offers a playground and picnic areas in addition to ball fields for family fun. Residents may also take advantage of entertainment venues and recreational facilities in Baton Rouge.
Buying a Home in Walker?
Some homes in Walker are located within flood zones. This will impact the insurance that you carry on the property, and some areas are more likely to require seasonal evacuations than others. You can select properties with the least amount of risk by working with a real estate agent experienced with properties in this region of Louisiana. The median listing price in Walker tends to stay around $200,000, and the market is rather small due to the population size. You may need to watch the market over time to find a home that suits your needs.
Buying vs Rent to Own Homes?
Rent-to-own homes allow you to rent your way to ownership. You move into the property right away and pay rent to the current owner. A portion of your rental payments is sometimes applied to the future purchase of the home. Your contract will specify the purchase price of the home, and you are given a specific date by which you much make the purchase. Once you secure financing, you transition from renter to property owner.
Walker is a small Louisiana town with fewer than 10,000 residents. The city is located just 20 miles from Baton Rouge and is a short drive from New Orleans and beaches lining the Gulf of Mexico. The city's biggest attractions include a water park and family-friendly ball fields, and there are jobs available in many surrounding towns. While the housing market in this city is small, there are many affordable homes available.
Summary
Walker is a small Louisiana town with fewer than 10,000 residents. The city is located just 20 miles from Baton Rouge and is a short drive from New Orleans and beaches lining the Gulf of Mexico. The city's biggest attractions include a water park and family-friendly ball fields, and there are jobs available in many surrounding towns. While the housing market in this city is small, there are many affordable homes available.
Rent to Own Realtors
Most realtors aren’t going to want to work with a client looking for a rent to own deal. The upfront profit for a realtor is minimal, and the largest chunk of the commission isn’t guaranteed – even after the contract is signed. Successful rent to own deals make the bulk of commission for realtors as far as three years in the future.
Good realtors know that if they’ve done their job qualifying and showing a buyer options that meet their tastes and budgets, a rent to own deal has a great chance of success. But good realtors are rare.
Instead of using a realtor, learn about rent to own yourself and meet with professionals in the title, mortgage and legal industries to increase your chances of success.
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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