ALL-STAR REALTY ASSOCIATES

405 S. Pine St., Spartanburg, SC 29302

(864) 583-0996 Office

(800) 494-0886 Toll Free

Rentals - Currently Available

Our office handles a small number of Spartanburg Rentals.  When we have a vacancy coming up, we will post it below and you can call our office at (864) 583-0996 (ask for Rose) for more information or to arrange to view the rental(s).  If we have one up for rental, we will also post the application form for convenience.  As a helpful service for those looking to rent, we are also providing website links to some of the other property management companies in Spartanburg that we know about, so please check out the other links.

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RENT TO OWN - WHY IS IT A "NO-WIN" SITUATION?

We have a number of people call looking to see if we have any "Rent-to-Own" houses.  ABSOLUTELY NOT!!  So let me climb up on my soap box and tell you WHY it is a VERY BAD investment/loss of money for the renter/buyer.

 1.  The owner does not want to make needed repairs (and there will be a lot of expensive repairs).
 2.  Owner wants tenants that will give them money every month no matter what. 
 3.  Owner will not make any repairs the entire time tenant lives there (unless in writing prior to move in).
 4.  Tenant never owns the property (deed is not transferred nor are taxes in tenant's name at "occupied" rate).
 5.  Any improvements that tenant makes to the property are never reimbursed.
 6.  Contractors will not do work or let tenant "charge" for work done because tenant does not actually own it.
 7.  Tenant will lose any "down payment" or "security deposit" money when they get frustrated and move out.
 8.  Owner never signs over the deed to the tenant who may have lived there a month or 30 years.
 9.  Owner can at any time SELL the property right out from under tenant and take advantage of any improvements.
10.  Owner/Seller can have a mortgage (or obtain one) while you are supposedly "buying" the house and they can
        default on the loan (not pay it) and it can be foreclosed upon and you would be forced to move out.

We therefore only recommend that prospective buyers look at "Owner Financing" or "Contract for Deed" when they are not able to get normal financing - as the deed does get transferred over to the buyer, the taxes are much lower, they can contract to have work done or financed to the house.  A home that cannot pass the appraisal process that is required of normal home loans would have to be done via Owner Financing or Contract for Deed.  Be sure to be well advised before you take this step ... seek the help of a Realtor who has been in the business for a long time!
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We do not have any additional vacancies at this moment, but we may have some coming up.  Call Rose for more information.

If you have an immediate need, please check out the links for "vacancies" with the companies below:

LINKS TO OTHER LOCAL RENTAL COMPANIES:

 


 

Chase E. Furnas & Co. Website Link

 

Roland Management Inc. Website Link


Palmetto Rentals


Keith-Evans Real Estate & Property Mgmt


Light Property Management


Pepperwood Property Management


Reedy Property Group


Applewood Property Management


Rentals.com Website Link

 

Craigs List Website Link

 

JP Mac Properties Website Link


Rent Home Sweet Home


Drayton Mill Lofts


McDaniel Leasing Website


Tons of Rentals


Please note that we do not endorse any property management company and have no control of their website content.  We are providing these links that we know of only as a service to help those looking for rentals in the Spartanburg area.  Rentals.com and Craigs List provide many alternate sources of rental properties (by owners and other companies that we have not seen websites for).

 

There are also large apartment complexes in the Spartanburg County area that we have not attempted to post links for as we do not have those links (if any) and it would be too much for us to keep up with - but many of them post their openings on Craigs List.

 

Thank you and we hope that you are successful in your search for Spartanburg rentals!

 

 

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