All of this is required as a homeowner, and you will learn relatively quickly, especially when you are the owner of a new mobile home. The benefit of setting a pre-determined price and an option to purchase a home in the future costs money, called an option fee. Your Name (required) In this case, your mobile home rent to own agreement may have the option to turn your property into a rental once you upgrade to a single-family home or condo. You only own the mobile home structure, which is an asset that loses value over time. We are a team of business professionals that buy and sell mobile homes across the nation, in every state and city. Pricing. Contact Us. There are currently 147 new and used mobile homes listed for your search on MHVillage for sale or rent in the Lafayette area. It soon set itself on the map as a significant trading post along the Spanish Trail. Lafayette's History . 6 Bed 3 Bath House for Sale Lafayette, LA. Portable Buildings, Sheds, and Barns. The city is not just a hub of opportunity but also a major retirement destination. . A rent to own contract gives you the option to purchase, not the obligation to purchase. Lafayette Parish. Purchasing a mobile home to start with is a great option to begin building homeownership. There are many things to consider, you will need to qualify for both us, the seller and qualify for the parks requirements. Enjoy a spacious Lafayettte, From Business: Conveniently located just a short walk away from Cajun Field and an array of shopping and dining options, Axis offers everything you need for the lifestyle you, From Business: Located in the Heart of Lafayette, Bayou Shadows offers a variety of distinctive floor plans. Apartments for Rent Near Me; Mobile Home Rent Own Shreveport Bossier City. MHVillage automatically receives and records information from your browser, including your IP address, MHVillage cookie information, and the page you requested. The risk you are taking is whether youre able to get your finances and income in a place to where you can purchase the home before the contract ends. Perhaps they are renters themselves and act as owners of the home when you decide to purchase a rent to own contract from them. In addition to Lafayette, LA rent-to-own homes, you can expect to find other sale types, including for sale by owner (FSBO) homes, sherriff sales, REO foreclosures, and . Youngsville, LA. Lafayette Neighborhoods. Lafayette. Bayou Oaks Apartment Homes. From Business: Contact us for more information. information and experience. House for Rent. 2) We will contact you either by phone or by email if we have any further questions. With furniture you can rent-to-own from your nearest Rent-A-Center in Lafayette, that's no problem at all! I appreciate all the great service and hospitality. Hal is passionate about managing money and investing. Newly remodeled apartments. When purchasing a rent to own contract, you are betting on yourself being able to be in a position to purchase the home in the future. 2 Baths. The vibrant culture, thriving economy, and world-class cuisine all contribute to the multi-award-winning citys success. Today it houses an architecture firm. Please see our Disclosure for further information. 4840 Northeast Evangeline Throughway, Carencro, LA, USA, 4840 Northeast Evangeline Thruway, Carencro, Louisiana 70520, United States. Well, as stated in the introduction to this article, purchasing a single-family home requires a major down payment, which limits your options from the get-go. These requests may be made by calling (616) 574-0481, by emailing customerservice@MHVillage.com, or by writing to the address at the bottom of this page. So far so good! Lafayette Portable Buildings offers Derksen Portable Buildings which has been an American original for over 20 years, producing the country's finest portable buildings, backyard sheds, garages, utility buildings, mini-barns, lofted barns, tiny houses and cabins. 3 Bd | 1 Bath | 1,175 Sqft. The contract has its benefits, but it also comes at a cost. Its a great way to start building equity and get into your next home if your finances are limited. YEARS IN BUSINESS (337) 236-5770. Lets face it, finances may already be a struggle, and the last thing you need is another contract making things even worse than they already are. 4027 NORTHWEST EVANGELINE THRUWAY, CARENCRO, LA 70520. Compare rentals, see map views and save your favorite Houses. See Mobile Apps. (337) 281-4391. After signing the contract, the mobile home market skyrockets in price, and the home you just signed a rent to own contract with is now worth $65,000. VitalDollar.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. 2,800 Square Feet. MHVillage does not purchase personal information. Lafayette is filled with historical buildings, museums and galleries. We are not real estate agents, or mobile home dealers. This page may contain links from our sponsors. Air Conditioning. The biggest question you should be asking yourself when signing a rent to own property is Why does the landlord want to sell the home? Its not uncommon for a landlord to not disclose something in the sellers agreement such as an unknown lien on the property that later becomes your problem as the new homeowner. The year will fly by with all the festivals the community celebrates, like Creole Culture Day and the Gumbo Cook-Off. Why pay rent to someone especially when youll never see that money again when you can own your own home and build equity? Copyright 2023 iRentToOwn.com. The biggest difference between owning a mobile home and a single-family home is that you do not own the property that the mobile home sits on. There are 46,840 housing units in Lafayette; 63.5 percent are single family homes. Let's say you sign a rent to own mobile home contract that states you can purchase the mobile home for $50,000. This costs you both in time, money, and inconvenience. 104 Town Homes Dr. Lafayette, LA 70501. You arent giving your rent money away, never to see it again, as the case may be with a regular rent payment. If your income is only $45,000 and you have to save that $17,500 to make a down payment, it may be years before you can be a homeowner. If you're tired of renting, and want to own a home in the Acadiana area but are having trouble qualifying, we may be able to . . a homeowner, including in Lafayette, LA. AVAILABILITY. forgot the other, A great place to live and work. Meanwhile, the housing market is even more optimal, costing 25% less than what youll find throughout most of the country. 3 / 2. 122 Treasure Cv , Lafayette, LA 70508-4479 is a single-family home listed for rent at /mo. (800) 397-2158 Should you sell your home, youd pocket $15,000 cash, minus fees. You will find many sculptures and murals around downtown, along with the Lafayette Museum, a children's museum, a natural history museum and a planetarium, as well as several arts and crafts museums and galleries. For those who fall into this category, or those who wish to start small and build up to buying a home of their own, you can begin through rent to own mobile homes. http://tbamarks.comRent to Own Homes from $389 a monthHello. 1; 2; 3; 1-40 of 92 Results. Freedom Homes of Carencro sells expertly crafted mobile and modular homes at a great value. MHVillage limits access to personal information about you to employees who MHVillage believes need to come into contact with that information to provide products or services to you or in order to do their jobs. http://tbamarks.com GO HERE MUCH BETTER THAN RENTING!! homes! It wasnt until the post-war era that the oil and gas industries thrust Lafayette into economic prosperity. This enables you and your family to make the right choice based on both Furnished apartments are available through Cort Furniture. Information presented on Vital Dollar and through related email marketing is intended for informational purposes only and is not meant to be taken as financial advice. Find your dream home by searching for Lafayette, LA rent-to-own houses on iRentToOwn.com! For Sale $750,000 6 . There are currently 8 new and used mobile homes listed for your search on MHVillage for sale or rent in the Lafayette area. You may also provide information about your home if you list it for sale or request a valuation. The property is, in fact, the piece of the equation that appreciates the most over time. 3) Patiently wait for your dream home to become available. Everything you need to be cool in Louisiana heat! Mobile homes rent to own contracts have a few risks that you should be aware of before entering a contract. ft.0.5 acres. With MHVillage, its easy to stay up to date with the latest mobile home listings in the Lafayette area. iRentToOwn.com has a great selection of Lafayette, LA fixer upper, as-is, and discounted rent-to-own homes, features many types of properties including foreclosures, pre-foreclosures, short sales, HUD homes, auctions, and FSBO (For Sale By Owner) homes. The administrators and authors of Vital Dollar are not financial professionals, and views expressed on the site are strictly personal opinions. VIEWS. Home for lease. Taste the colorful local flavors for yourself at The Cajun Table, and while youre there, dont miss out on the broiled crawfish, a traditional culinary staple. Mortgage loans still act the same for mobile homes (for the most part) as they do for single-family homes. According to crime rate statistics, however, there's a 1 in 26 chance of becoming a victim of a crime. Property type: House Buildyear: 2011: Size: 1635.0 . 330 Feu Follet Rd, Lafayette, LA 70508. Furnished apartments are available through Cort Furniture. From our family to yours, welcome home! Crescent At River Ranch. Beautiful 1 BR home to call your own $1,079 1br - 495ft2 - (Easley) $169,000 Oct 2 Rent to Own 3 Bedroom / 2 Bath Double-Wide Mobile Home $169,000 3br - (Simpsonville) Oct 19 Roommate needed to share east side home $750 440ft2 - (Greenville, SC) $1,669 Oct 4 Call Today! Stocks & alternative investments, plus social community, Invest in stocks, ETFs, options, and crypto, Passively invest in real estate with as little as $10. . $1,309. 2600 Five Mile Road NE 2-3 Beds 2 Bath. Preferred listings, or those with featured website buttons, indicate YP advertisers who directly provide information about their businesses to help consumers make more informed buying decisions. You can update your MHVillage Account Information at any time. Nearby Rentals. 4 Beds. Lafayette, LA 70508. Looking for light, open spaces, walk-in closets and brand name appliances? 414. House for Rent. We sell our homes for cash or for payments on the terms that work for both the mobile home buyer and the investor seller. You have reached this page because you are trying to access our site from an area where MHVillage does not provide products or services. Have you dreamed of owning your own mobile home?We can help you make that dream a reality. Other potential scams that have happened include landlords selling rent to own contracts on properties that they dont own. Public schools are above average, and is home to many families and young professionals. Here are some of the biggest benefits of rent to own mobile homes. Finding affordable Lafayette, LA rent-to-own houses is easier than ever by simply clicking or tapping on an available property and registering with the site to get pertinent property information such as neighborhood data, amenities, commute times, and contact information. View Details. Buy: $52,100. We use cookies to analyze website traffic and optimize your website experience. We talked about the benefit of home prices increasing after you enter a rent to own contract, enabling you to take advantage of major equity when you purchase that home. Lafayette, LA 70501. The vibrant culture, thriving economy, and world-class cuisine all contribute to the multi-award-winning city's success. Another potential risk is the mobile home market taking a nosedive after youve already purchased the home, putting you upside down on your mortgage. He loves to write about the websites, apps, and techniques that he uses in his own life to manage his own money more effectively. With a rent-to-own property, Avg. 1 Bed. Most risks are related to your financial profile and added fees associated should things turn south in your contract. Over 50 Years. Indeed, when looking to rent in Lafayette, LA, you can expect to pay as little as $520.00 or as much as $3,700.00, with the average rent median estimated to be $1,410.00. Lafayette, LA 70506. I've noticed a huge difference since the New Management started. The, From Business: Diamond Lakes Apartment Homes offers a tranquil park-like setting nestled between beautiful, majestic oak trees and meandering walking paths along peaceful,. So, if you have bad credit, what are you to do? Owning a home has its monetary benefits, but they also come at a high price of keeping your finances in order. Everything depends on your plan and your current situation. so you can stay informed and updated. The median home sales price in Lafayette was $195,000 as of September 2013, and the median home value in the city is $160,400, which is 51 percent higher than the Louisiana average and 20 percent lower than the nationwide average. The biggest difference is you dont have to save nearly as much money as you would if you were purchasing a single-family home. Mobile homes can make great rental investments. As of March 2023, the average apartment rent in Lafayette, LA is $712 for a studio, $1,168 for one bedroom, $1,475 for two bedrooms, and $1,291 for three bedrooms. Each of your rent payments will go towards home equity that you will then own once you purchase your mobile home property before the end of the contract. If you're looking for a standard American fare, try a sandwich at the Olde Tyme Grocery. RBI#33959. We offer competitive pricing and assist first-time buyers with plans designed to make their dream . If the mobile home is worth $100,000, that means youd pay anywhere from $1,000 to $6,000 just to sign the rent to own agreement, and another $5,000 as a down payment when you decide to purchase the home. Personal information is information about you and is specific to you like your name, address, email address, phone number, website activities, etc, but is not otherwise publicly available. As if the history and culture arent fascinating enough, Lafayette is set in a picturesque landscape that you can explore at the Acadiana Park Nature Station. !Great StaffGreat Manager..Joseph/Ross/& Tyler. In fact, nightlife in town typically is centered around the city's own brand of Cajun music, which includes Zydeco, jazz and the blues. New Homes. While this is not a Rent-to-Own listing, Owner Financing may be available, in which case you (the buyer) would not need a bank loan to purchase the home. . Immerse yourself in the citys rich history at LARCs Acadian Village or the Vermilionville Historic Village. The 1,254 sq. Some of the most popular restaurants in the area for Cajun, Creole and French fare include Jolie's Louisiana Bistro, the French Press, Dwight's and the Blue Dog Cafe. Because if your landlord decides to sell the property, its likely that you will be required to move your home to another location. Get Your Own Free Account. Default; Distance; Rating; Name (A - Z) Sponsored Links. 510 Bellot St Lafayette, LA Details . They have 1,2 and 3 bedroom apartments, not sure about. 2.3k. These factors are similar to those you might use to determine which business to select from a local Yellow Pages directory, including proximity to where you are searching, expertise in the specific services or products you need, and comprehensive business information to help evaluate a business's suitability for you. Prequalify today. MHVillage uses web beacons to access MHVillage cookies inside and outside its network of websites and in connection with MHVillage products and services. By accepting our use of cookies, your data will be aggregated with all other user data. Below are 20 best pictures collection of Rent To Own Mobile Homes photo in high resolution. Willow Mobile Home Park. Homes for Sale. 3 bedroom 2 bath house in peaceful community 10 mins from MTSU. Last year, more than 80,000 homes were sold on MHVillage with a combined transaction value exceeding $3 billion. If you're interested in Lafayette rent-to-own homes, don't forget to consider important factors in addition to monthly living costs, such as average commute, taxes, crime rates, etc. When all is said, rent to own mobile homes are great opportunities should the person in the right scenario find a good home to enter a rent to own contract with. Search 92 Single Family Homes For Rent in Lafayette, Louisiana. Open Houses. BEAUTIFUL HOME in Miramar Subdivision on a HUGE lot with pond views! 19 hours ago . Our homes are designed with you in mind. Patience and understanding.kind and considerate.Did not let me give up!!! Southern Living Magazine proclaimed Lafayette the Best Food City in the USA and the Tastiest Town in the South. People who live in Lafayette, LA consider it to be safe. Why rent when you can own for LESS! rent-to-own articles There always seems to be something entertaining to do in Lafayette. It can be tough to own a home these days with the changing interest and so many rules and restrictions that are in place to get approved for a loan. Arnaudville, Blanks, Branch, Breaux Bridge, Broussard, Butte Larose, Cade, Cankton, Carencro, Cecilia, Chataignier, Church Point, Crowley, Duson, Energy Center, Grand Coteau, Henderson, Krotz Springs, Lafayette, Lawtell, Leonville, Lottie, Maurice, Milton, Opelousas, Parks, Port Barre, Rayne, Saint Martinville, Scott, Sunset, and Youngsville. which has shown tremendous growth across the U.S. and with it, aggressive All other marks contained herein are the property of their respective owners. 0.5 bath / - sqft. Cities with Manufactured Homes For Sale Near Me. 8838 Oak Creek Lane, Abbeville La. But, if you only have to save $5,000 for a down payment, you could be a homeowner in just a few months if you save aggressively. For example, if your mobile home is worth $65,000 and your mortgage note has a balance of $50,000, then you have $15,000 of equity in your home. With MHVillage, its easy to stay up to date with the latest mobile home listings in the Lafayette area. Lafayette is one of the best places to live in Louisiana. bottom of page Move-in and rent-ready for an investor. If, on the other hand, you are deep in debt, have a poor credit score, collections against you, and are behind on your taxes, its likely that purchasing rent to own mobile home contract will only hurt you unless you can fix your finances before the purchase. 4 Bedroom 2 Bathroom new constuction home - 4 Bedroom 2 Bathroom New construction home. Lafayette LA Houses For Rent. 4 Beds, 3 Baths. 89 Rent to Own Homes for Sale in Lafayette, TN on ZeroDown. competition for home purchases. $1,150. Indianapolis. ft. home is a 2 bed, 2.0 bath property. HomeSmart. Search 128 apartments for rent in Lafayette, LA. Available rentals in Acadiana, Lafayette, Scott, Carencro, Broussard, Baton Rouge, and Youngsville. Choose from price, year, beds, baths, home size, and several others. Houses Lafayette 2 $. Whats more, is that you dont have a voice in making decisions about how that property is handled which can also affect living comfort within your mobile home. CLOSED NOW. In other words, if you arent in a position right now to buy a home, you can rent the home with intentions of building up your finances to purchase that home at a future date. I cancelled my gym and tanning memberships,, A quiet nice apartment complex situated right new Thomas Park. 90 Houses rental listings are currently available. Veterans: See if you meet the requirements for a $0 down VA Home Loan. The good news is that finding an affordable and desirable property to rent in Lafayette, LA -- whether it's apartments . Ft. . Still, this adds up to be less money than a down payment on a $350,000 single family home, but it can still be a sizeable amount.