Tag Archives: Rent To Own Homes

What Are Rent-To-Own Homes And How Do They Work?

Most people are not familiar with the rent-to-own homes. The term is mostly confused with usual renting of a house. But rent-to-own is a different concept. It is also called lease-to-own a home. According to real estate agents, in rent-to-own homes, there is an agreement between a seller and a tenant in which they agree that the tenant will buy the house after some time on a price that is agreed upon today. The agreement can be done between a buyer and a seller or it can be brokered by a realtor. Hiring a realtor is good just to…Read more