Rent to Own Homes in Zachary
Like many rural southern towns, Zachary’s creation and early success were thanks to the railroad. In the late 19th century, Darel Zachary sold his farmland to the railroad, and once the station was built, the city was born. While rail service has declined here and around the country, the old railroad depot still stands today as a symbol of the town’s history.
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Like many rural southern towns, Zachary’s creation and early success were thanks to the railroad. In the late 19th century, Darel Zachary sold his farmland to the railroad, and once the station was built, the city was born. While rail service has declined here and around the country, the old railroad depot still stands today as a symbol of the town’s history.
As the town continued to grow, so too did its services and amenities. While the town was once part of the East Baton Rouge Parish School System, local schools are now operated by Zachary Community School Board. The East Baton Rouge Parish Library branch in Zachary used to be housed in the old Louisiana National Bank building, but now it has its own 20,000 square foot facility to serve the town’s 16,000-plus residents.
Part of East Baton Rouge Parish, Zachary is a quick 20-minute drive from Baton Rouge. The town contains 24 square miles, according to the United States Census Bureau.The below results are primarily rent to own homes in East Baton Rouge Parish, LA:
Like many rural southern towns, Zachary’s creation and early success were thanks to the railroad. In the late 19th century, Darel Zachary sold his farmland to the railroad, and once the station was built, the city was born. While rail service has declined here and around the country, the old railroad depot still stands today as a symbol of the town’s history.
As... Read More
Like many rural southern towns, Zachary’s creation and early success were thanks to the railroad. In the late 19th century, Darel Zachary sold his farmland to the railroad, and once the station was built, the city was born. While rail service has declined here and around the country, the old railroad depot still stands today as a symbol of the town’s history.
As the town continued to grow, so too did its services and amenities. While the town was once part of the East Baton Rouge Parish School System, local schools are now operated by Zachary Community School Board. The East Baton Rouge Parish Library branch in Zachary used to be housed in the old Louisiana National Bank building, but now it has its own 20,000 square foot facility to serve the town’s 16,000-plus residents.
Part of East Baton Rouge Parish, Zachary is a quick 20-minute drive from Baton Rouge. The town contains 24 square miles, according to the United States Census Bureau.The below results are primarily rent to own homes in East Baton Rouge Parish, LA:
Buying a Home in Zachary?
Zachary is a popular place to live, in part because of its highly rated schools. Its home prices reflect that desirability. The median list price for a home here is currently $253,000, but this median has been as high as $284,000 in recent months. Still, that’s just asking price, and sales figures show the actual median closing price at $226,000. This is slightly higher than Baton Rouge’s median closing price of $185,000. Most houses aren’t selling quickly, though, staying on the market for a median of 52 to 82 days.
Buying vs. Rent to Own Homes ?
In a strong real estate market like Zachary’s, it’s easy to get priced out of owning a home. Rent to own homes may offer a smart solution. Unlike buying a home outright, a rent to own home puts buyers in the home as soon as the contract is signed and the option fee paid. You won’t have to provide a down payment and mortgage until the end of the contract period. Best of all, each month you pay rent, part of your rent premium is credited to your home’s purchase. This slow, progressive purchase gives buyers a chance to handle financial and mortgage details at a more leisurely pace.
Excellent schools, a nationally recognized hospital system and beautifully inviting homes make Zachary a highly desired address. This appeal is reflected in the town’s slightly higher-than-average home prices, but renting to own can provide an economical solution. Even though Zachary offers all of the hometown amenities needed for a fun, active life, Baton Rouge and Louisiana State University are less than a half-hour away, giving Zachary residents the best of both worlds.
Summary
Excellent schools, a nationally recognized hospital system and beautifully inviting homes make Zachary a highly desired address. This appeal is reflected in the town’s slightly higher-than-average home prices, but renting to own can provide an economical solution. Even though Zachary offers all of the hometown amenities needed for a fun, active life, Baton Rouge and Louisiana State University are less than a half-hour away, giving Zachary residents the best of both worlds.
Rent to Own Realtors
Working with a realtor doesn’t guarantee that you will successfully complete a rent to own deal, but their knowledge and expertise can make a big difference in your success rate.
Unfortunately, not many realtors will want to work with you on a rent to own deal. There isn’t a lot of profit for a realtor in rent to own deals.
So, you’ll need to find others with the knowledge and expertise you are looking for to ensure a successful lease-option experience. Consider consulting with a realtor, a title company and a mortgage officer instead. These professionals are better than a realtor because they are experts in their respective fields, as opposed to realtors who know a good deal about each of those rent to own factors.
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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