Rent to Own Homes in Westminster
Westminster lies in the northwest corner of South Carolina, tucked away at the base of the Blue Ridge Mountains. According to the United States Census Bureau, this Oconee County city has an estimated population of 2,500 residents.The below results are primarily rent to own homes in :
Westminster lies in the northwest corner of South Carolina, tucked away at the base of the Blue Ridge Mountains. According to the United States Census Bureau, this Oconee County city has an estimated population of 2,500 residents.The below results are primarily rent to own homes in :
Families living in Westminster are served by the School District of Oconee County. Westminster is home to two of the district's nice elementary schools: Westminster Elementary and Orchard Park Elementary. Westminster students in sixth through eighth grades attend West-Oak Middle School. West-Oak High School is the public high school serving most students in the community. Westminster residents have plenty of opportunities to mingle with their neighbors at festivals and community events held downtown throughout the year. The South Carolina Apple Festival, occurring in the fall, is a much-awaited annual celebration featuring a parade, vendors, a rodeo and plenty of old-fashioned family fun. Mayberry Days, held annually in the spring, brings residents back to the classic television program, The Andy Griffith Show." Westminster transforms into the town of Mayberry with actors and artistry intended to entertain and amuse. The historical beginnings of Westminster can be explored at the Southern Railway Passenger Station and the Retreat Rosenwald School both earning designation on the National Register of Historic Places."
Buying vs. Rent to Own Homes
Rent to own is a great option for people who want to buy a house, but are still working on getting the financing for it. People who are anywhere between a few months and three years away from qualifying for financing should consider rent to own.
Unlike renting, you don’t have to keep making rent payments for the full lease term. Once you’re able to close, you have the right to do that.
Rent to own is very similar to buying, in that buying is the end result of a successful rent to own deal.
The primary difference between the two is that rent to own takes longer than buying, which is the advantage of rent to own. It gives buyers time to get their finances in order to buy a home while not getting trapped into a lease term.
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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