Browse Rent To Own Homes in Greenacres, FL
Are you looking for a rent to own house in Greenacres? If so, then browse the featured listings on this page, or signup to access our complete guide and listings for all lease to own properties in the Greenacres area.
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Featured Rent To Buy Houses in Greenacres, Florida
Browse the following featured properties in the Greenacres, Florida area, or click the link on this page to get access to the complete listings for Greenacres rent to own houses.
How Rent To Own Real Estate Works
Also known as a lease option, rent to buy homes are a type of owner financing tor real estate properties.
While the terms of the agreements can vary from house to house, the typical scenario is one in which the owner is looking to sell the property but is willing to accept payment over a period of time, rather than an up front settlement.
In this case, the buyer and seller both agree on the selling price of the home, and the terms of the purchase agreement, specifying things such as payment terms, interest, and length of the agreement.
Usually, owner-financed properties are paid off much sooner than a traditional bank mortgage, but by allowing the renter time to accrue equity in the house, the renter can often roll over that equity into a traditional mortgage after 1-3 years, if the need arises.
Every month the renter/buyer makes a payment to the seller. Typically, part of this payment is credited as rent, while a second part is credited towards the interest on the loan and/or equity in the home. Over time, the renter can then buy out the seller, even if the renter didn’t originally have a large downpayment or the credit needed to qualify for a traditional mortgage.
Greenacres Lease Purchase Homes and Houses
While there are many advantages to lease option, or lease to purchase homes, one of the main difficulties can be in locating the currently available properties.
Many rent to own listings are never uploaded to national or local databases, since it is common for sellers to work independently and not go through a real estate agent for these transactions. It is also common for sellers of owner financed, rent to buy properties to sell their homes casually, meaning that they are interested in selling, but are in no hurry to do so, meaning the listings are not widely publicized.
To find the full list of rent to buy properties in your area, you need to sign up for a dedicated listing service, which works to identify all of the relevant opportunities within your target geographical area.
Without a reputable listing agency, finding these properties can be extremely difficult!
Sign up below to get access to one of the most comprehensive rent to own listing services in the country.
Listings for Rent To Buy Properties in Greenacres, Florida
Greenacres is a city located five miles from the Atlantic Ocean in Southeast Florida. Is part of Palm Beach Count with a total area of 5.79 square miles .
The Population is about 39,157. The main productive occupations of its inhabitants are construction construction and extraction occupations, sales and related occupations, building and grounds cleaning and maintenance occupations, management occupations,
About your economy, The unemployment rate, recent job growth is Positive. Greenacres jobs have increased by 1.94 percent in 2017.
The unemployment rate is expected to decline by .05% by 2019.Compared to the rest of the country, Greenacres’s cost of living is 6.30% Lower than the U.S. average. Lo que le hace un buen lugar para establecerse con la familia.
About education, Greenacres public schools spend $10,239 per student, and there are about 14.4 students per teacher.
Some of the most popular scools in the area are Cholee Lake Elementary School, Diamond View Elementary School, Greenacres Christian Academy, Greenacres Elementary School, Liberty Park Elementary School Haverhill Baptist Day School, Heritage Elementary School, Okeeheelee Middle School, L C Swain Middle School, Tradewinds Middle School and John I. Leonard High School
Greenacres does not have many tourist attractions compared to other cities in Florida, it is a place devoid of tourist activity. The only site of interest to visitors and a must for residents is the Hoffmans chocolate factory which imports high quality chocolate to various parts of the world.
On the other hand, Palm Beach County has several things to do and interesting places to visit like American Orchid Society Visitors Center and Botanical Garden, Armory Art Center, Boca Raton Museum of Art, Delray Beach Parks & Recreation, Flagler Museum, Hibel Museum of Art, Jupiter Inlet Lighthouse, Lion Country Safari, Loxahatchee River Historical Museum, Mounts Botanical Garden, Old School Square Cultural Arts Center, Palm Beach Opera, Palm Beach Photographic Centre, Palm Beach Zoo at Dreher Park, South Florida Fair and Sunfest.
Zip codes: 33413, 33467.
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