Search all the latest Rent to Own Homes in Socorro Nm 87801. There are more than 7 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 Socorro Nm 87801 will offer up their homes as a Rent To Own, but it's worth researching and locating those opportunities. We have listed 7 rent to own homes currently on the market, below.
Socorro is a city in Socorro County in the U.S. state of New Mexico. It is in the Rio Grande Valley at an elevation of 4,579 feet (1,396 m). In 2012 the population was 8,906. It is the county seat of Socorro County. Socorro is located 74 miles (119 km) south of Albuquerque and 146 miles (235 km) north of Las Cruces.
In June 1598, Juan de Oñate led a group of Spanish settlers through the Jornada del Muerto, an inhospitable patch of desert that ends just south of the present-day city of Socorro. As the Spaniards emerged from the desert, Piro Indians of the pueblo of Teypana gave them food and water. Therefore, the Spaniards renamed this pueblo Socorro, which means "help" or "aid". Later, the name "Socorro" would be applied to the nearby Piro pueblo of Pilabó.
Nuestra Señora de Perpetuo Socorro, the first Catholic mission in the area, was probably established c. 1626.
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