Rent to Own Homes in Wauchula
Wauchula is known for its Old South Florida charm, from its fertile agriculture... Read More
Wauchula is known for its Old South Florida charm, from its fertile agriculture fields to its homespun friendliness. This small community of 5,000 residents is the county seat of Hardee County, which provides many of the town’s local jobs. Other top employers in town include Mosaic, Florida Institute for Neurological Rehabilitation, Walmart, Peace River Electric Cooperative and Wauchula State Bank. The median income in Wauchula is $36,222, according to the United States Census Bureau.The below results are primarily rent to own homes in :
Wauchula is known for its Old South Florida charm, from its fertile agriculture... Read More
Wauchula is known for its Old South Florida charm, from its fertile agriculture fields to its homespun friendliness. This small community of 5,000 residents is the county seat of Hardee County, which provides many of the town’s local jobs. Other top employers in town include Mosaic, Florida Institute for Neurological Rehabilitation, Walmart, Peace River Electric Cooperative and Wauchula State Bank. The median income in Wauchula is $36,222, according to the United States Census Bureau.The below results are primarily rent to own homes in :
In addition to thriving local businesses and farms, Wauchula offers its residents numerous services and recreation sites. Peace River Park and Oak Street Park are two of the city’s most popular parks. Locals enjoy primitive camping, walking peaceful trails and launching their kayaks and canoes from Peace River Park. Oak Street Park features a playground, picnic area, basketball courts and more walking trails. In all, there are seven parks in Wauchula, including a skate park. With Sarasota, Tampa and St. Petersburg about an hour away, transportation options are important to Wauchula residents. State Route 17 runs directly through town, leading southwest to Punta Gorda and northeast to Winter Haven. Wauchula Municipal Airport is also located in town just five miles from the Wauchula’s central business district.
Buying vs. Rent to Own Homes
Renting to own a home and buying a home both have the same end goal – you own the house you’re interested in. The difference between the two is your timeline. Buying a property is a great idea if you’re sure about the property and you have financing to purchase it today.
Lease-options are a good idea when you’re having doubts about the house or if you’re not financially ready to own the house you’re looking at. They’re a good option if you almost have a high enough credit score, a steady enough job history or a big enough down payment to qualify for financing on the home, but you need some more time to qualify. Rent to own gives you time to get your affairs in order, ability to try out a house and flexibility to close on the home when you’re ready – without having to wait for the end of a lease.
To be clear, if you can buy a house today, you should do it. If you’re looking at buying within the next three years, rent to own is a good way to start the process.
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
Rent to Own Labs offers free listings for rent to own by owner, foreclosed homes and owner financed properties. Start looking for apartments or houses near me with the Rent to Own Labs search function.
These programs are a great way to buy a condo or townhouse if you have bad credit. In fact, lease purchase and rent to buy programs usually offer cheap homes with no credit check. Just make sure you look at your lease to purchase agreement to understand whether you have the option or obligation to buy the home you’re looking at. Lease-purchase agreements require the buyer to purchase by the end of the lease term, while lease-option agreements give the buyer the option to buy.
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