Rent To Own
What to Expect as a Tenant Buyer
Being a tenant buyer is different than being a renter. With a lease-purchase (rent-to-own) agreement you’re both a tenant and the future owner of the home. It is sort of like a bridge between renting and homeownership. In a rent-to-own there are two stages and two agreements. You have a rental / lease period followed by…
Read MoreWhy Renting to Own is a Smart Choice Today
Like all great agreements, renting to own is beneficial to both the seller and the buyer. But, let’s take a look at the advantages for you as the buyer. In a rent to own agreement, you, as the buyer, freeze the price on the home for a year or two in advance of when you’ve…
Read More3 Questions to Ask Yourself Before Renting to Own
A lease option can work out beautifully for you as the buyer if you walk into the arrangement with your eyes open. We want everyone to succeed in their dream of homeownership, so here are three questions you need to ask yourself before you decide that renting to own is for you. 1. Will You…
Read MoreWhat Is Rent to Own?
Also known as a “Lease-Option” or “Lease-Purchase”, a Rent-to-Own transaction gives the tenant-buyer occupancy of a property with the ‘option’ to purchase the property by the end of the contract period. Essentially it is a pathway to full ownership with an extended timeframe. That way you, as the buyer, have time to save a full down payment, clear up…
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