Search all the latest Rent to Own Homes in Santa Teresa, NM. There are more than 3 rent to own homes currently on the market. Try out homes and neighborhoods without the buying commitment by choosing a rent to own property. It’s a simple process with the homeowner, you start out as a renter, and then purchase the property when you're financially ready to apply for a home loan with a local bank. The rent-to-own process allows new home buyers with poor credit scores, or who lacks the down-payment required by the bank, the opportunity to live in their home while working on improving their credit and saving funds.
Remember, not all sellers in Santa Teresa, NM will offer up their homes as a Rent To Own, but it's worth researching and locating those opportunities. We have listed 3 rent to own homes currently on the market, below.
Santa Teresa is a census-designated place (CDP) in Doña Ana County, New Mexico, United States. The population was 4,258 at the 2010 census. It is part of the Las Cruces Metropolitan Statistical Area, although geographically it is considerably closer to El Paso, Texas than to Las Cruces. It is home to the Santa Teresa Port of Entry.
Santa Teresa is located at 31°51′12″N 106°38′29″W (31.853273, -106.641302). According to the United States Census Bureau, the CDP has a total area of 10.9 square miles (28 km2), all of it land.
As of the census of 2000, there were 2,607 people, 952 households, and 755 families residing in the CDP. The population density was 238.0 people per square mile (91.9/km²). There were 1,007 housing units at an average density of 91.9 per square mile (35.5/km²). The racial makeup of the CDP was 82.09% White, 1.19% African American, 0.65% Native American, 0.38% Asian, 0.23% Pacific Islander, 13.04% from other races, and 2.42% from two or more races. Hispanic or Latino of any race were 55.58% of the population.
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