Rent to Own Homes in West Chester
West Chester is a township in southwestern Ohio that is positioned approximately 10 miles southeast of Hamilton and about 20 miles north of Cincinnati. Residents can reach both of these cities within 30 minutes, opening up opportunities for employment, recreation and entertainment. Traveling is easy from this city with Interstate 75 crossing through the center of town and Interstates 71 and 275 running nearby. West Chester Township is now one of the thirteen townships of Butler County.The below results are primarily rent to own homes in :
West Chester is a township in southwestern Ohio that is positioned approximately 10 miles southeast of Hamilton and about 20 miles north of Cincinnati. Residents can reach both of these cities within 30 minutes, opening up opportunities for employment, recreation and entertainment. Traveling is easy from this city with Interstate 75 crossing through the center of town and Interstates 71 and 275 running nearby. West Chester Township is now one of the thirteen townships of Butler County.The below results are primarily rent to own homes in :
Some of the biggest attractions in the West Chester area include the Eagle Tree Golf Center, Voice of America MetroPark, Beckett Park, Beckett Ridge Golf Club, Four Bridges Country Club and Sharon Woods Golf Course. There are some additional golf courses in the surrounding area, which makes it easy to enjoy an active lifestyle while living in West Chester Township. West Chester was originally a part of Butler County. The land was sectioned out and renamed Union Township in 1823. In 2000, the name was changed to West Chester Township in order to distinguish it from other Union Townships located in other areas of Ohio. The township has grown consistently from fewer than 2,000 residents in 1900 to more than 60,000 residents in 2010. Residents are served by the Lakota Local School District, which also serves as one of the township’s largest employers.
Buying vs. Rent to Own Homes
There are a few situations in which rent to own makes sense when you have the option to purchase. A good situation to rent to own is when you’re not sure about a home you’re looking at buying, and you want to test it out for a bit before making a final decision. This way, you have less money on the line if you change your mind.
Renting to own is also a good option if you’re close to qualifying for financing, but you need a little bit more time to get there.
Renting to own doesn’t trap you in a lease like normal renting does – you can buy the home whenever you’re ready. That’s why it’s the good option if you almost have a large enough down payment, if your credit score is close to where you need it to be or if you just need a little more time at your job to build your job history. It also works when you’re waiting for your old home to sell so that you have the cash to purchase your new home.
Rent to Own Realtors
Realtors have more experience with closings and real estate contracts than the typical buyer or seller, but not many of them want to work with rent to own deals. A commission from the sale of a home is much larger than the commission a realtor will receive from rent for the first few years of a lease-option deal.
Instead, visit title companies to make sure the property is eligible for rent to own, consult with a lawyer to ensure that the contract benefits you and meet with a mortgage broker to find out when the buyer will be ready to close on the home.
About Our Listings
When you’re looking for your first townhouse or condo, you learn pretty quickly that it’s difficult to secure financing for houses when you have bad credit. However, you can find properties, like apartments, in our free listings that might meet your needs.
Our database includes free listings for cheap properties available for lease-purchase, rent to own by owner, foreclosed homes and owner financing. Many of these programs will work with you with no credit check.
The convenient part of rent to buy and lease to purchase agreements is that they give buyers time to prepare to purchase a home by saving up a down payment and improving their credit score. Owner financing often has less stringent requirements than conventional financing. Search for properties near me to find the program that’s most convenient.
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