Renting to own a home is actually a misnomer. It implies that you rent for a period of time and then you own the home. This is not the case. Rent to own a home is a lease with a difference - you have the option to buy the home at any time during your lease period. The … [Read more...] about How Does A Rent To Own Home Transaction Work?
You’re tired of renting. You’ve long wanted to buy your own home but your credit scores simply aren’t high enough. Don’t despair, though, you have one other option: You can rent to own. As the housing market has slumped and sellers struggle to move their residences, you might … [Read more...] about Are You the Right Candidate for Rent to Own Homes?
Doing a lease purchase/rent to own transaction means that you are ready to take the first step to home ownership. You are tired of renting and want to stop throwing money away every month, but your current credit or job situation will not allow you to get a mortgage. You heard … [Read more...] about Lease Purchase – Rent To Own Homes
Rent to own homes can be a good option if you cannot afford to take out a loan for the purchase price of a home. The rent you pay to your landlord goes toward the purchase price and once you have fulfilled terms of the contract you have entered into, the house is yours. Some … [Read more...] about Finding Rent To Own Homes
There were a great many loans being approved that should never have qualified in the first place and when the majority of these end up in default it drives the economy into a downward turn, causing even more problems for the housing market. As a consequence the mortgage … [Read more...] about Advantages of Rent To Own Homes