Rent to Own Homes in West Valley City
West Valley City also provides a wide range of services for its citizens, and City Hall hosts West Valley City Council meetings most Tuesday evenings. Many of Salt Lake Valley’s vital highways and interstates like I-215 and I-15 run through or close to the city, and Salt Lake City International Airport is just 7 miles to the north. Recreation and sightseeing at the Great Salt Lake is less than 30 minutes away.
Buying a Home in West Valley City?
A little more than 1,000 homes and about 158 town houses and condos are sold each year in West Valley. Homes have steadily increased in price over the past few years, rising 15.4 percent in 2013 and 4.65 percent in 2014 to $180,000. Prices rose again in 2015, reaching $184,562. The average home here sells for $181,950 within 61 days of being listed on the market. About 70 percent of West Valley City’s 33,484 homes are owned by the occupants, paying a median property tax of $1,176.
Popular Neighborhoods in West Valley City?
Most of the city’s safest neighborhoods are located on the west side of town, although the entire city has been rated as the 6th safest city in the nation. One of these favorite westside neighborhoods is Hunter, where homes are spacious, the residents are diverse and the recreation is abundant at the neighborhood’s Centennial Park. Homes here have a median price of $208,104. The neighborhood directly to Hunter’s west is also popular for families of all ages, singles and retirees. The neighborhood has a variety of subdivisions that are safe with wide, curving streets and plenty of parks, stores and restaurants. Homes here range from $140,000 to $365,000.
Buying vs. Rent to Own Homes?
Rent to own homes give home buyers a helpful alternative to often-stressful conventional purchase methods. Rent to own homes put less emphasis on buyers presenting perfect credit scores, instead giving purchasers time to build up stronger down payments and work through the entire buying process. Rent to own home buyers also don’t have to wait for an escrow to close or a title to transfer; they can move into their new home right away. In areas like West Valley City where home prices are increasing, buyers also gain the advantage of paying today’s prices at some point in the future.
Cost of Living in West Valley City?
On the whole, West Valley City residents pay 4 percent less on living expenses than the average American, saving across all categories. Local utility costs are especially economical, costing just 81 percent of the national average. All other expenses, including food, transportation, health care and housing, cost 2 to 5 percent less than the U.S. average, making West Valley City a very affordable place to live.
With the Oquirrh Mountains as a backdrop, West Valley City is a scenic hometown. The city has a variety of neighborhoods with views of the gorgeous peaks, and homes with their own picturesque landscapes. The price of these homes is rising but still very affordable. In fact, all of West Valley City’s living costs are extremely economical, allowing locals to pay just 96 cents for every dollar the average American pays.
Summary
With the Oquirrh Mountains as a backdrop, West Valley City is a scenic hometown. The city has a variety of neighborhoods with views of the gorgeous peaks, and homes with their own picturesque landscapes. The price of these homes is rising but still very affordable. In fact, all of West Valley City’s living costs are extremely economical, allowing locals to pay just 96 cents for every dollar the average American pays.
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
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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