Friday, November 16, 2012

Buyers Flock to Lease Purchase Homes in GA

The state of Georgia already has a population of over 9.8 million, so it’s interesting to note that buyers are flocking to the lease purchase homes in GA. Many properties can be found on the real estate marketing in Georgia and while foreclosures, HUD homes and other options can be found, rent to own homes have become quite popular. In many cases, the strict lending requirements across the country have spurred many homebuyers to go with the rent to own options.

There are many fsbo and lease-option homes in Atlanta, GA
Another reason that buyers are flocking to lease purchase homes in GA is the reasonable prices available in the state. Most of the rent to own homes sell for between $60,000 to $180,000, which is quite reasonable. In some cases, it’s possible to find even cheaper options available in the state. Home values and prices have fallen significantly, making it a good time for homebuyers to purchase in the area.

The recent decline in unemployment also has been drawing homebuyers looking for "lease purchase" homes in GA. In October, the state saw a sizeable increase in jobs and the increase from September 2012 to October 2012 was one of the biggest increases in jobs ever seen within the state. With more new jobs being added, it promises a more secure future for those looking for good jobs and a stable economy.

Of course, you can’t overlook the climate and topography of the state of Georgia either. The state offers mountains, coastal plains and more, providing a diverse topography that is attractive to buyers. The humid subtropical climate is also attractive to homebuyers that prefer warm temperatures and mild winters. These offer just a couple more reasons that buyers are so attracted to lease purchase homes in GA.

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