Rent to Own Homes in Wetumpka
Wetumpka is an active city and takes pride in its numerous annual events. Sitting on the banks of the Coosa... Read More
Wetumpka is an active city and takes pride in its numerous annual events. Sitting on the banks of the Coosa River, many of the activities in Wetumpka are related to the river. The Coosa River Whitewater Festival, the Coosa River Challenge, and the Riverfest are just a few of the events hosted in Wetumpka during the year.The below results are primarily rent to own homes in Elmore County, AL:
Wetumpka is an active city and takes pride in its numerous annual events. Sitting on the banks of the Coosa... Read More
Wetumpka is an active city and takes pride in its numerous annual events. Sitting on the banks of the Coosa River, many of the activities in Wetumpka are related to the river. The Coosa River Whitewater Festival, the Coosa River Challenge, and the Riverfest are just a few of the events hosted in Wetumpka during the year.The below results are primarily rent to own homes in Elmore County, AL:
There is also a Frontier Days event in Wetumpka to celebrate the city's rich history. With its beginnings in the year 1717, the French built Fort Toulouse as a base and trading post which made the region a popular trading hub. Though Wetumpka has undergone many changes since those early days, residents are still proud of their long history.
Buying a Home in Wetumpka?
The median home price in Wetumpka is $107,950, which is well below the average median home price of $125,200 for the state of Alabama as a whole. This makes Wetumpka an excellent choice for home buyers looking to live near the state capital of Montgomery without the greater expense. Since Wetumpka is in the third fastest growing county in Alabama, home prices have trended upwards accordingly, and the prices are estimated to climb another 4.6% by 2018 making a home in Wetumpka a solid investment.
Buying Versus Rent to Own?
For those who are looking to buy a home in Wetumpka, but perhaps do not have the required credit for financing or savings for the down payment, potential home buyers may find that a rent to own property is the solution. Rent-to-own properties require the tenant to rent the property for a set period of time with the understanding that after the predetermined period of time has passed, the tenant will then purchase the home. Unlike a traditional rental, part of the monthly rent will go towards the purchase of the home after the lease period. The fact that you can secure the property to buy when you are ready can be immensely positive. This allows you to move in right away, and then continue to save until you can afford to purchase your home rather than waiting until you can secure financing.
The city of Wetumpka, Alabama is located in Elmore County which is the third fastest growing city in the state of Alabama. It is a community with historical roots that travel all the way back to 1717 when the French settled in the region. With its location on the Coosa River, Wetumpka hosts a large number of annual events such as Coosa River Challenge, the Coosa River Whitewater Festival and Riverfest. The weather in Wetumpka that includes warm summers and mild winters is very agreeable which means that residents can enjoy outdoor activities year-round in the city.
Summary
The city of Wetumpka, Alabama is located in Elmore County which is the third fastest growing city in the state of Alabama. It is a community with historical roots that travel all the way back to 1717 when the French settled in the region. With its location on the Coosa River, Wetumpka hosts a large number of annual events such as Coosa River Challenge, the Coosa River Whitewater Festival and Riverfest. The weather in Wetumpka that includes warm summers and mild winters is very agreeable which means that residents can enjoy outdoor activities year-round in the city.
Rent to Own Realtors
You can plan a party without an event planner, you can go swimming without a lifeguard, and you can rent to own without a realtor.
That’s important because there isn’t as much money for realtors in rent to own deals as in traditional sales. Therefore, finding a realtor to help you is rare.
While the listed activities might be easier with a professional, they’re all possible without one. To successfully rent to own without a realtor learn all you can about it.
About Our Listings
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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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