2024 rent to own homes in conyers ga If you're looking to become a homeowner in Conyers, GA, but struggling with credit issues or lack of down payment, a rent to own home could be a great option for you. Rent to own homes, also known as lease options, allow you to rent a property for a specified period, with the option to buy it at the end of the lease term. In this arrangement, a portion of your rent goes towards the purchase price of the home. Here are some key things to consider when looking for rent to own homes in Conyers, GA: 1. Location: Conyers is a city located in Rockdale County, Georgia, about 24 miles east of Atlanta. It's known for its small-town charm, historic downtown, and outdoor recreational activities. When looking for rent to own homes in Conyers, consider the location and its proximity to schools, work, and amenities. 2. Property Type: Rent to own homes in Conyers come in various types, including single-family homes, townhouses, and condos. Determine the type of property that suits your needs and budget. 3. Lease Term: The lease term for rent to own homes in Conyers typically ranges from one to three years. During this time, you'll have the opportunity to improve your credit score, save for a down payment, and lock in the purchase price of the home. 4. Option Fee: An option fee is a non-refundable fee you pay to the seller to secure the right to buy the property at the end of the lease term. The option fee is usually a percentage of the purchase price and is credited towards the purchase price when you exercise your option to buy. 5. Purchase Price: The purchase price of the rent to own home in Conyers is typically agreed upon at the beginning of the lease term. Make sure the purchase price is reasonable and reflects the current market value of the property.
4. Option Fee: An option fee is a non-refundable fee you pay to the seller to secure the right to buy the property at the end of the lease term. The option fee is usually a percentage of the purchase price and is credited towards the purchase price when you exercise your option to buy. 5. Purchase Price: The purchase price of the rent to own home in Conyers is typically agreed upon at the beginning of the lease term. Make sure the purchase price is reasonable and reflects the current market value of the property. 6. Maintenance and Repairs: As a renter, you're typically responsible for maintaining the property and making any necessary repairs. Make sure you understand your maintenance and repair obligations before signing the lease agreement. 7. Legal Considerations: Rent to own agreements in Conyers, GA, are legally binding contracts. It's essential to work with a real estate attorney to ensure the agreement is fair and protects your interests. Here are some current rent to own homes in Conyers, GA: 2. 1315 Dogwood Drive SE, Conyers, GA 30013: This 4 bedroom, 2 bathroom home is listed for $129,900 with a lease option of $1,100 per month. The lease term is three years, and the option fee is $7,500. 3. 1115 Dogwood Drive SE, Conyers, GA 30013: This 3 bedroom, 2 bathroom home is listed for $99,900 with a lease option of $900 per month. The lease term is two years, and the option fee is $6,000. In conclusion, rent to own homes in Conyers, GA, provide an excellent opportunity for individuals looking to become homeowners but facing credit or down payment challenges. When considering a rent to own home, it's essential to understand the location, property type, lease term, option fee, purchase price, maintenance and repairs, and legal considerations. By doing so, you'll be well on your way to achieving your dream of homeownership in Conyers, GA. Rent to Own Homes in Conyers, GA If you're looking to become a homeowner in Conyers, GA, but struggling with credit issues or lack of down payment, a rent to own home could be a great option for you. Rent to own homes, also known as lease options, allow you to rent a property for a specified period, with the option to buy it at the end of the lease term. In this arrangement, a portion of your rent goes towards the purchase price of the home. Here are some key things to consider when looking for rent to own homes in Conyers, GA:
1. Location: Conyers is a city located in Rockdale County, Georgia, about 24 miles east of Atlanta. It's known for its small-town charm, historic downtown, and outdoor recreational activities. When looking for rent to own homes in Conyers, consider the location and its proximity to schools, work, and amenities. 2. Property Type: Rent to own homes in Conyers come in various types, including single-family homes, townhouses, and condos. Determine the type of property that suits your needs and budget. 5. Purchase Price: The purchase price of the rent to own home in Conyers is typically agreed upon at the beginning of the lease term. Make sure the purchase price is reasonable and reflects the current market value of the property. 6. Maintenance and Repairs: As a renter, you're typically responsible for maintaining the property and making any necessary repairs. Make sure you understand your maintenance and repair obligations before signing the lease agreement. 7. Legal Considerations: Rent to own agreements in Conyers, GA, are legally binding contracts. It's essential to work with a real estate attorney to ensure the agreement is fair and protects your interests.
1. 965 Dogwood Drive SE, Conyers, GA 30013: This 3 bedroom, 2 bathroom home is listed for $89,900 with a lease option of $800 per month. The lease term is two years, and the option fee is $5,000. 2. 1315 Dogwood Drive SE, Conyers, GA 30013: This 4 bedroom, 2 bathroom home is listed for $129,900 with a lease option of $1,100 per month. The lease term is three years, and the option fee is $7,500. 3. 1115 Dogwood Drive SE, Conyers, GA 30013: This 3 bedroom, 2 bathroom home is listed for $99,900 with a lease option of $900 per month. The lease term is two years, and the option fee is $6,000. In conclusion, rent to own homes in Conyers, GA, provide an excellent opportunity for individuals looking to become homeowners but facing credit or down payment challenges. When considering a rent to own home, it's essential to understand the location, property type, lease term, option fee, purchase price, maintenance and repairs, and legal considerations. By doing so, you'll be well on your way to achieving your dream of homeownership in Conyers, GA.
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