While a traditional real estate contract requires a mortgage lender to arrange the terms of the contract, rent to own homes allow individuals to buy the property on their own terms. In addition, they often have more flexibility in negotiating with sellers than a bank would. Because you aren't required to provide a credit check or bank approval for...
If you're thinking of a rent to own home, you have several important things to keep in mind. First, understand the process. If you notice the seller dragging their feet, you might be dealing with a shady individual. A shady rent to own home seller may be on the verge of foreclosure, and the last thing you want is to...
If you're considering a rent-to-own home, you've probably got a few questions. Before you make a purchase, however, it's important to understand what you're getting into. A rent-to-own home agreement is a contract between you and a landlord. This contract will describe how much of the rent you pay toward the total purchase price, as well as any...