Search all the latest Rent to Own Homes in Cripple Creek, CO. There are more than 5 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 Cripple Creek, CO will offer up their homes as a Rent To Own, but it's worth researching and locating those opportunities. We have listed 5 rent to own homes currently on the market, below.
Cripple Creek is the Statutory City that is the county seat of Teller County, Colorado, United States. The city population was 1,189 at the 2010 United States Census. Cripple Creek is a former gold mining camp located 44 miles (71 km) southwest of Colorado Springs near the base of Pikes Peak. The Cripple Creek Historic District, which received National Historic Landmark status in 1961, includes part or all of the city and the surrounding area. The city is now a part of the Colorado Springs, CO Metropolitan Statistical Area.
For many years Cripple Creek's high valley, at an elevation of 9,494 feet (2,894 m), was considered no more important than a cattle pasture. Many prospectors avoided the area after the Mount Pisgah hoax, a mini gold rush caused by salting (adding gold to worthless rock).
On the 20th of October, 1890, Robert Miller "Bob" Womack discovered a rich ore and the last great Colorado gold rush began. Thousands of prospectors flocked to the region, and before long Winfield Scott Stratton located the famous Independence lode, one of the largest gold strikes in history. In three years, the population increased from five hundred to ten thousand by 1893. Although $500 million worth of gold ore was dug from Cripple Creek, Womack died penniless on 10 August 1909.
In 1896 Cripple Creek suffered two disastrous fires.
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