Simply put, rent-to-own is where you rent a home for a certain period of time before you buy it. Depending on the terms of the contract, that period can range from several months to several years. These contracts are different than a traditional renter's lease or purchase contract. How ...
this option may not be the best choice for everyone. A rent-to-own house is only recommended for tenants who can realistically qualify for a mortgage during the rental period, however long that period may be. If not, the rent-to-own contract will allow the landlord to keep the original ...
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Rent-to-own agreements: Customer characteristics and contract outcomes. J Econ Bus 61(1): 51-69.Anderson and Jaggia. Rent-to-own agreements: Customer characteristics and contract outcomes. Journal of Economics and Business (2009) vol. 61 (1) pp. 51-69...
HomeRun Homes is the Premier Website for Rent to Own Homes, as well as Lease to Own, Lease Option, Lease Purchase, Commercial Real Estate, and Foreclosures
HomeRun Homes is the Premier Website for Rent to Own Homes, as well as Lease to Own, Lease Option, Lease Purchase, Commercial Real Estate, and Foreclosures
Entering into a rent-to-own agreement typically means signing a formal legal contract. The contract should specify the terms of the agreement and whether you're obligated to buy the home or simply have the option to do so. There are several key pieces of information that a rent-to-own agr...