Durham is considered one of the best places to live in the United States. With moderately priced rent and a wide variety of activities available for people of all ages, this city has brought people from as far away as California and abroad. While the rental options are high in this city, the recession has unfortunately left many with no other option but to rent. While there are definitely some added benefits to renting, there may come a time when buying a home may seem like a good idea. The problem with buying a home is the down payment involved, paperwork and yes, credit checks. Durham North Carolina is a great place to own a home, you just need to know how to go about it,
If you are considering buying a home and just can’t seem to come up with a down payment, there are some viable solutions. Solutions like, rent to own. Renting to own is fast becoming a popular way to get into a house without dealing with loads of paperwork, lost time from the closing process and checks on credit, employment and wages. If you are finding yourself in a predicament, why no rent to purchase your new home?
The median rent for a home in Durham is anywhere from $500.00 to $1200.00 per moth depending on where you live and of course how large of a house you are needing. If you’re looking at renting to buy there are some pretty good deals out there. Additionally, Durham is well known for it’s state of the art medical facilities as well as some top notch colleges and universities. This is a town where many come to retire and others to get a great education. So, if you come to Durham, chances are, you may never leave.
There are quite a number of options if you are looking to rent to own your next home in Durham North Carolina. A quick look through some online listings will give you an idea of not only prices, but availability and the quality of the living environment. This town, a cultural diverse community, has a multitude of different types of available homes to rent to own. Payments are reasonable, paperwork is minimal and the ability to get in one is surprising easy. Renting to buy your next home is great for new families and people who are considering a long term rental agreement. Furthermore, companies in Durham North Carolina who help families rent to own have been doing this for a long time.
Renting your home in Durham, may be a great deal if you want to eliminate the hassle of trying to buy your first or last home. One of the added benefits of renting your home to buy is a portion of your monthly payment goes directly to your mortgage payment. Usually, contracts of rent to buy are around three to five years in length. When that time is up, you will have the option to either assume the loan or walk away from the property. This gives you time to see if in fact, you will want to keep the home for the duration of the mortgage. With the changes in the economy, renting to purchase homes is fast becoming a popular solution for anyone who is considering buying. Look to Rent To Own Homes in Durham North Carolina for great deals on quality homes!
Rent To Own Depot is your one stop shop for easy rentals on appliances, furniture and flat-screen TV’s, Located in the heart of Durham North Carolina, at 186 Chapel Hill Road, Rent To Own Depot offers easy 90 days same as cash or convenient weekly rental rates. Whether you’re in town for a few days or a lifetime, Rent To Own Depot has you covered! Se Habla Espanol!
In order to rent one of our properties, you will need to fill out an application. We are looking for tenants who have a stable job history and a pattern of renting in a similar price range of the home applied for.