Rent to Own Homes in West Des Moines
The greater West Des Moines area covers around 38.59 square miles of land in the central region of Iowa in Polk, Dallas, and Warren counties. The city was originally founded as Valley Junction in 1893 and is home to the West Des Moines Historical Society which works to preserve the many historic buildings and sites that exist within the city's limits. In 1938, the city was renamed West Des Moines as a means for city officials and residents to try and rebrand" their cultureThe below results are primarily rent to own homes in :
The greater West Des Moines area covers around 38.59 square miles of land in the central region of Iowa in Polk, Dallas, and Warren counties. The city was originally founded as Valley Junction in 1893 and is home to the West Des Moines Historical Society which works to preserve the many historic buildings and sites that exist within the city's limits. In 1938, the city was renamed West Des Moines as a means for city officials and residents to try and rebrand" their cultureThe below results are primarily rent to own homes in :
city and way of life after the Great Depression." Public education in the city is overseen by the West Des Moines Community School District and includes nine elementary schools, two junior high schools, one high school, and one freshman academy high school. There are also two private schools in West Des Moines: Dowling Catholic High School and Iowa Christian Academy. West Des Moines is also known as the home of the Des Moines Golf and Country Club, which is a prestigious golf club located primarily in Dallas county. The area is also known for its high volume of retail businesses including the Valley West Mall.
Buying vs. Rent to Own Homes
Renting to own a home and buying a house have the same steps, just on different timetables.
When you buy a house, you either pay with cash or you make monthly payments to a mortgage or some other kind of financing option for a set time frame.
When you rent to own a home you pay an option fee, which is later credited toward the purchase of the home, and then you make monthly rent payments until you’re sure you want to buy this house and you can secure financing. Then, you do the same things you would if you were buying a house – just make sure you do it before the end of the lease term so that you don’t lose any of the money you’ve negotiated.
When you can choose between the two, buying might be the right option because your monthly payments will go towards equity in a home as opposed to someone else’s pocket. However, lease-options get you to the same place with a little more time.
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
When you rent to buy a condo or a townhouse, you’re taking the first step toward becoming a homeowner. You can take advantage of many rent to own by owner programs with no credit check. Having bad credit shouldn’t stop you from owning one of your favorite apartments or houses.
While you lease-option or lease-purchase, you’ll work on improving your credit score and saving up a down payment so that you can qualify with the bank for the house you’re interested in. The bank is frugal with mortgage approvals because they often end up selling foreclosed homes for cheap prices because people cannot afford their mortgage payments.
When you lease to purchase, you’re making yourself into a better candidate for purchasing properties. Check out Rent to Own Lab’s free listings to find properties near me that meet your family’s needs.
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