News
However, rent-to-own homes can be difficult to find, and they aren’t for everyone. Make sure you know the ins and outs of these arrangements before signing a contract.
A rent-to-own agreement is an alternative way to buy a home without an upfront down payment, but the process can be complicated and you'll want to take extra precautions.
Rent-to-own contracts for residences began to mushroom in the mid-20th century, when lenders would not work with African Americans. In such compacts, a tenant would pay a premium (an amount in ...
In a rent-to-own, also called "rent-to-buy" or "lease-purchase," the agreement calls for the renter to purchase the house by a set time, which is typically 36 months hence.
PAVIOUR: Rent-to-own homes are officially known as land contracts or contracts for deed. And they've been around since at least the 1940s.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results