Rent to Own Homes in Whittier
More than 85,000 people call Whittier... Read More
More than 85,000 people call Whittier home. Whittier is home to the Whittier College, a private liberal arts college. Residents are attracted to the area because of the close proximity of both the city and the coast. The Southern California climate promotes year-round outdoor activities at a number of parks and recreation areas within the city of Whittier. William Penn Park, Hellman Park, and Pio Pico State Historic Park are part of Whittier’s arsenal of parks and recreation. For those families that include children of the four-legged variety, the Whittier Dog Park provides a place for canine companions to run and play. The below results are primarily rent to own homes in Los Angeles County, CA:
More than 85,000 people call Whittier... Read More
More than 85,000 people call Whittier home. Whittier is home to the Whittier College, a private liberal arts college. Residents are attracted to the area because of the close proximity of both the city and the coast. The Southern California climate promotes year-round outdoor activities at a number of parks and recreation areas within the city of Whittier. William Penn Park, Hellman Park, and Pio Pico State Historic Park are part of Whittier’s arsenal of parks and recreation. For those families that include children of the four-legged variety, the Whittier Dog Park provides a place for canine companions to run and play. The below results are primarily rent to own homes in Los Angeles County, CA:
There is also a great variety of California attractions located in and around Whittier. This includes the Pio Pico House, the Whittier Museum, Disneyland, Hollywood, Griffith Observatory, and the Getty Center. When out of town guests visit, they can always take advantage of local tour companies offering tours of the area’s attractions.
Buying a Home in Whittier?
Median listing and sales prices in Whittier typically stay below $475,000, and the county offers an assistance program for first-time buyers in need of financial assistance. This program offers down payment assistance that qualified buyers can use to reduce their down payment to as low as 1% to 3.5%. There are restrictions on income levels of the borrower and it must be an owner-occupied unit. It's worth checking your eligibility if it helps you get the home you actually want.
More than 58 percent of Whittier residents own their homes. There are a number of established neighborhoods offering affordable homes with character and a great mix of indoor and outdoor living environments. Not all of the local schools receive favorable ratings, so you should research school districts before making an offer on a home. There are also a number of private schools in Whittier.
Popular Neighborhoods in Whittier?
For access to some of the best public schools in Whittier as well as the lowest crime rates, look for homes in East Whittier. This area is located east College Avenue. Originally East Whittier was a separate agricultural community. The far-east areas in East Whittier, known as Friendly Hills, were not developed until the 1950’s and 1960’s. You can expect to pay close to ----$480,000 for many homes in the area, but it's a stable neighborhood with a vacancy rate less than 3 percent.
Buying vs. Rent to Own Homes?
You've settled on purchasing a home in Whittier, but aren’t quite ready for the pre-qualification process needed to get your new home financed. Many buyers are looking to get in touch with home sellers that are willing to sell their home as a rent-to-own property. These properties allow the buyer to rent the home for a pre-determined period of time with the understanding that you will buy the property within a pre-determined time frame. This gives you time to prepare for the home-buying process without losing a property that you have fallen in love with. A rent-to-own contract is a good option if you plan on purchasing a home within the next few years and are ready to move right away.
Cost of Living in Whittier?
The cost of housing in Whittier is 9 percent less than the state of California Deltona, the overall cost of living is a bit lower than average. Most goods and services needed by the average person are sold at prices that are only slightly higher than the national average. While homes in the best western neighborhoods may cost a bit more than those in the eastern neighborhoods; those prices are still affordable compared to similar homes in other California cities.
Whittier is a short drive from the California shoreline and its’ beaches. This community attracts residents who want to enjoy the California climate. There are many quiet, family-friendly neighborhoods in this city, but the hustle and bustle of Los Angeles is just a few miles away. The mid-twentieth century homes with plenty of character are a key attractor to Whittier.
Summary
Whittier is a short drive from the California shoreline and its’ beaches. This community attracts residents who want to enjoy the California climate. There are many quiet, family-friendly neighborhoods in this city, but the hustle and bustle of Los Angeles is just a few miles away. The mid-twentieth century homes with plenty of character are a key attractor to Whittier.
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
It’s in the bank’s best interest to avoid foreclosed homes because they end up having to sell them cheap to recoup lost money. So, they try to play it safe with mortgage approvals by steering clear of people with bad credit.
That doesn’t help someone who’s working on getting their credit together to buy a condo or a townhouse. Nonetheless, rent to buy programs can help people work toward purchasing houses and apartments with no credit check.
The free listings on our site are usually rent to own by owner, so deals are more reasonable and trustworthy than big company lease to purchase properties are. Whenever you’re ready just look for lease-option or lease-purchase homes near me on the Rent to Own Labs website.
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