Search all the latest Rent to Own Homes in Ruidoso, NM. There are more than 8 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 Ruidoso, NM will offer up their homes as a Rent To Own, but it's worth researching and locating those opportunities. We have listed 8 rent to own homes currently on the market, below.
Ruidoso is a village in Lincoln County, New Mexico, United States, adjacent to the Lincoln National Forest. The population was 8,029 at the 2010 census. The city of Ruidoso Downs and the unincorporated area of Alto are suburbs of Ruidoso, and contribute to the Ruidoso Micropolitan Statistical Area's population of 21,223.
A mountain resort town, Ruidoso lies in the Sierra Blanca mountain range of south-central New Mexico, where it merges with the Sacramento Mountains to the south. Ruidoso is a resort community close to the slopes of Ski Apache, the Mescalero Apache Tribe-owned ski resort on Sierra Blanca, a 12,000-foot (3,700 m) mountain. The tribe also operates the Inn of the Mountain Gods resort in the area, which includes a casino, hotel, and golf course. Ruidoso is the largest community in Lincoln County, and serves as the regional economic hub.
As of 2010, Ruidoso is the fourth-fastest growing city in New Mexico, after Albuquerque, Rio Rancho, and Las Cruces. Massive investment has poured into the town from many developers. Major projects including large housing subdivisions, condos, and retail establishments have altered the face of the once "sleepy mountain community." As a result, the village is contending with serious questions about the adequacy of the local water supply and zoning enforcement.
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