The Pros and Cons of Lease Purchase Homes in Atlanta

Many people looking for a rent to own house can find excellent options available in Atlanta, home to over 420,000 people. This city is the capital of Georgia and also boasts the highest population of any city within the state. Atlanta is an international city that boasts plenty of culture for those that appreciate the arts and has much to offer in the way of entertainment and recreation. Of course, most people looking for lease purchase homes in Atlanta are concerned about finding jobs, the state of the economy and other important issues. If you are considering a home in the area, here is a helpful look at the pros and cons Atlanta has to offer you.

The Pros

Search for rent-to-own houses in Atlanta, GAThe metropolitan area of Atlanta has many pros to offer those interested in lease purchase homes in Atlanta.

One of the main pros of the area is that it boasts one of the largest economies within the country. The city is home to regional, country and international headquarters for many large corporations. It even is the third most saturated city with Fortune 500 companies. Some of the big corporations that have their headquarters within the city include The Home Depot, The Coca-Cola Company and UPS. The economy is also quite diverse, which is also a big benefit.

Another pro that those choosing lease purchase homes in Atlanta can enjoy is the comfortable climate. For those that don’t enjoy being buried in snow each winter, Atlanta is a great place to live. The city sees little snow and temperate winter temperatures. In the summer, the humid subtropical climate sees upper 80′s and low 90′s along with some humidity.

The education opportunities are a big pro to consider if you are thinking about going with one of the lease purchase homes in Atlanta. With low student to teacher ratios and a higher than average amount of money spent on each student, the public school systems have a lot to offer. Both private schools and charter schools are available options too. Those who want to pursue a higher education can enjoy choosing from one of the many colleges and universities located within the city.

The Cons

Of course, while Atlanta offers many pros to those looking for rent to own houses in the area, it’s also important to consider some of the cons of the area. One of the main cons is the hard hit economy. While the entire country was hit very hard by the 2008 financial crisis, Atlanta has been one of the hardest hit areas. The housing market has been hit hard and prices have dropped by record percentages. Even in 2012, prices have continued to drop in the area.

Another con is the high unemployment rate in the Atlanta area. When considering lease purchase homes in Atlanta, individuals want to make sure they have a job. Unemployment is above 9% and has stayed higher than the national average unemployment rate for some time. However, while the unemployment numbers look bleak, the area does show some positive job growth.

Understanding the pros and cons of the city can help you decide if going with lease purchase homes in Atlanta is the right choice for your needs. The area does boast a large and diverse economy, a comfortable climate and excellent educational opportunities for young students and those who want to pursue a higher education. On the negative side, the hard hit economy and high unemployment should definitely be considered. Overall, the city has much to offer, depending on your unique needs.

Explore the Pros and Cons of Rent to Own Homes in Jacksonville Florida

Lease to own homes in Jacksonville, FLLocated in Northern Florida on the Atlantic coast, Jacksonville Florida has the largest city by population within Florida and it’s also the largest city by area within the state. The city has a population of over 800,000 people and the Jacksonville metro area boasts far over a million people.

If you’re considering relocation to the city, it’s a good idea to learn more about this city before deciding to choose one of the many rent to own homes in Jacksonville Florida. Learning more about the pros and cons offered by this city can enable you to make an informed decision as you’re considering relocation to this Florida city.

The Pros

Rent to own homes in Jacksonville Florida come with some excellent pros that make the area very attractive to those looking for a new place to live. The diverse economy offered by the city is one pro to consider. Since the city is right on the St. Johns River and on the Atlantic coast, it helps strengthen and diversify the local economy. As one of the main ports on the East Coast, the economy definitely benefits. Several different industries make up the diverse economy, such as financial services, manufacturing, information services and other industries. The area is also home to several different Fortune 500 companies.

Another big pro that the area has to offer those considering rent to own homes in Jacksonville Florida is the lovely climate. It’s an attractive climate for those who prefer mild winters, since snow rarely falls and winter temperatures are quite mild. During the summer months, the temperatures can be quite warm in this humid subtropical climate. Rain also occurs on a regular basis, especially in the summer when thunderstorms crop up in the afternoons on a regular basis.

The schools available within the Jacksonville area are also a big pro to those looking for cheap houses for rent in the city. The student to teacher ratio is low, which many parents find important. Newsweek has featured quite a few schools in the area on a list of the country’s top public high schools. Several schools featured include Stanton College Preparatory School, Mandarin High School and Paxon School for Advanced studies. Charter schools and a variety of private schools offer alternative educational options for parents. Those interested in a higher education will find several colleges and universities in the area to choose from.

The low cost of living is another excellent pro that many people looking for rent to own homes in Jacksonville appreciate. The cost of living within the city is much lower than in many other areas in the country.

The Cons

While Jacksonville offers many pros, it’s essential to look closely at the cons before deciding to go with rent to own homes in Jacksonville Florida. The main con that consumers have to consider is the high unemployment rate. Unemployment is currently at almost 10% within Jacksonville, which is higher than unemployment rates in many other places in the country today. Another con that adds to this problem is the negative job growth within the city. Instead of seeing the job market grow, the area is currently seeing jobs disappear, which can make it difficult for new people moving to the area.

Exploring the pros and cons of rent to own homes in Jacksonville Florida can help consumers carefully make an informed decision on whether the area is the best place for them to live. The area does offer a lot to those relocating there, such as a nice climate, a diverse economy, good schools and a low cost of living. However, the negative job growth and high unemployment rate must also be taken into consideration before making the final decision.

Key Information on Lease Purchase Homes in GA

Within the southeastern region of the United States, Georgia happens to be the largest state by area. By population, the state is ranked 9th in the country with more than 9.8 million people located within the state. States bordering Georgia include Alabama, North Carolina, South Carolina, Tennessee and Florida, although it’s eastern border is on the Atlantic Ocean. Some of the topographical regions in the state include the coastal plains, the central Piedmont and the Blue Ridge Mountains.

Lease purchase homes in AtlantaWithin the state of Georgia, many properties are for sale on the market for those interested in relocating to the area. Of course, before deciding to purchase one of the lease-purchase homes in Georgia, it’s important to learn more information about the area, including the job market, real estate market and economy. Here is some essential information to consider if you’re considering rent to own homes in the area.

Unemployment and Job Opportunities

Investigating unemployment numbers and job opportunities is important before deciding on lease purchase homes in GA. If you relocate to the state of Georgia, you want to make sure you can find a good job. Georgia, especially the Atlantic area, was hard hit by the country-wide economic downturn of the past few years. For quite some time, unemployment was quite high in the area. However, recent numbers have come up showing that unemployment is down in the state. In fact, the unemployment rate went down to 8.7% in October, 2012. These new numbers show that unemployment is down a whole percentage point within the past year. In one month, the state saw 36,000 new jobs, which is a high increase for only a month’s time. With this recent development, the job opportunities within the state are definitely looking a bit stronger.

Georgia’s Economy

The economy is always an important consideration if you’re considering relocation to a specific area. If you’re considering lease purchase homes in GA, you’ll find that the state’s economy is quite diverse. The economy includes tourism, commerce and industry and 2010 numbers had the gross state product at more than $400 billion. The state is headquarters for many national and international companies, including both Fortune 1000 and Fortune 500 companies. A few examples include UPS, Delta Air Lines, Southern Company, SunTrust Banks and Coca Cola.

The State’s Real Estate Market

Of course, if you’re interested in lease purchase homes in GA, you’ll want to know more about the state’s real estate market and all it has to offer. With many homes currently on the market, it’s a buyer’s market and offers homebuyers the ability to find excellent deals when ready to purchase a home. Rent to own homes are one available option, but buyers can find other buying homes, including bank foreclosures and HUD homes for sale. If you’re specifically interested in lease purchase homes in GA, you’ll find that many options are available throughout the state, making it easy to find options in any area you’re considering. Most homes available range in price between $60,000-$180,000. Townhomes, condos and single family homes are all options available when you’re looking for rent to own homes. For specific listings of the available properties offered in the state, offers an excellent search engine that offers consumers a fast an easy way to find results.

Job opportunities, the economy and the state’s real estate market are some of the key things to consider when looking for lease purchase homes in GA. While job opportunities looked bleak a few months ago, job growth is being seen and unemployment rates are going down, offering new opportunities for those interested in relocating to the state. Along with a buyer’s real estate market, the nice climate and mild winters are definite drawing points to homebuyers interested in relocating to the state of Georgia.

Hurricane Sandy and HUD Homes

Hurricane Sandy has been rough on everyone, and not just during the actual event. The aftermath is perhaps the most difficult part of any hurricane. There can be so much damage, so many things to replace.

In extreme examples, you may even have to replace your home. While this is of course a horrible tragedy, it’s created opportunities to those in the area who have been affected, as well any anyone else looking to buy homes.

Help with HUD Homes

The U.S. Department of Housing & Urban Development (HUD) has recently said that they will offer aid to the area
. Additionally, there’s an inventory of vacant and HUD homes now available for purchase.

It’s important to jump on such opportunities as quickly as possible, since they may very well be time-sensitive if only due to the large number of other people who will also be taking advantage of the aid.

Many of these HUD homes will sell at a discount during the hurricane recovery process. This means that those who jump on HUD homes discounts could save a lot of money in the process. You certainly don’t want to be left behind in the process of buying these HUD homes.

HUD houses are cheap homesThis means that if you have any interest in HUD homes for sale at all, or even if you might have interest in them in the future, now is the time to act. You never know when opportunities like these will come around again. And as a bonus, the measure will help victims in distress at the same time. It’s always difficult to have to deal with a hurricane on top of all of life’s other troubles.

There are many resources online for information on HUD homes. An example is the site RealtyStore.

That’s why it can help immensely to learn how to buy HUD homes.