Buying a house outright isn’t the only way to become a homeowner. Potential homebuyers are turning to the alternative rent-to-own (RTO) method to make their homeownership dreams a reality. While ...
It’s no secret that it’s getting harder to buy a home. That’s why many would-be homeowners are looking at rent-to-own homes as an alternative to the traditional path to homeownership—especially if ...
Rent-to-own deals are nothing new. These transactions, in which a portion of the buyer’s monthly rent payment is ultimately applied toward a down payment, traditionally have been used by home buyers ...
Erica Hines-Denson had no idea how bad the odds against her were. Student loans and a recent divorce had dinged her credit score. But she and her new husband, Elquinton Denson, were building a blended ...
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What Are the Pros and Cons of Rent-To-Own Homes?
Thinking about buying a home but not quite ready for a mortgage? Rent-to-own homes could be the perfect middle ground. These ...
Rent-to-own agreements combine leasing with a purchase option, setting terms for rent and future buying. Due diligence is crucial; always review contracts, ask relevant questions, and get legal advice ...
This story is part of our focus on solutions put forward to tackle big and small social problems in our communities. Our evidence-based reporting explores challenges in Texas and looks for examples ...
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