Addison, TX owner-financed & rent-to-own homes (no credit)
Addison features many popular North Texas restaurants, entertainment centers, and theaters. From its acclaimed theatre to the Addison Improv comedy club, it boasts a lively cultural scene. The museums in town provide fascinating glimpses into the economic and military worlds. When it comes to diversity and convenience, Addison's primary retail and entertainment center is unmatched. It's nearby popular residential areas such as Allen, Carrollton, Richardson, and Garland.
If you have a bad credit score, you might be thinking of settling for alternative financing arrangements such as rent-to-own in Addison. A third-party owner financing, on the other hand, allows you to buy any single-family home of your choice (listed on the market for sale) in Addison with no credit requirements or income verification.
In this guide, you will have free access to all the homes listed for sale in Addison. You will also learn how you can buy any of these homes with owner financing.
NTREIS data last updated January 27, 2022.
Why Buy an Owner-Financed Home in Addison, TX?
The following Addison real estate market overview will help you decide if the city is the right home buying destination for you and your family:
The homes for sale in Addison are priced at around $460K and they usually sell after 70 days.
- Village on the Parkway has everything you could want in terms of shopping, eating, and entertainment. Since 1981, VOP has been a business and leisure hub, featuring national companies like AMC Theaters and Whole Foods, as well as a diverse range of restaurants, grocery shops, retailers, and entertainment venues.
- When you visit Addison, make sure to explore the city's two gorgeous parks. Bring a picnic at Addison Circle Park and enjoy the water features, or go to the 19-acre Vitruvian Park. White Rock Creek, which runs along Addison's eastern boundary, has a beautiful eight-mile path south of town that connects a dozen parks and is a popular biking and running destination.
- Addison is in a convenient location for visiting not one, but four major lakes in the Dallas region. To the east, there's Lavon Lake and Lake Ray Hubbard, while to the west, there's Grapevine Lake and Lewisville Lake.
- A visit to Addison will provide you with the opportunity to see some of the greatest regional theaters in the state. Every year, the award-winning WaterTower Theatre puts on five major productions, ranging from modern interpretations of classics like Lord of the Flies to world premieres of creative works by Texas artists.
Best Places to Buy a Home Near Addison
If you are unable to acquire a traditional mortgage, you will find it considerably more difficult to purchase a house that you like in Addison through other financing options such as rent-to-own. In this scenario, a unique third-party owner financing might be your best option because it allows you to submit an offer on any house listed for sale on the market.