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Rent-to-own is a type of real estate contract that gives renters the option to purchase the property they’re living in at the end of the lease period.
You have one other possibility to consider – a rent-to-own contract. In a rent-to-own arrangement, the potential buyer agrees to rent the home for a given period (typically 1-3 years).
Rent-to-own housing products have the potential to benefit consumers, but companies adopting them need to show greater transparency, according to a new report by the TechEquity Collaborative with ...
Most people who buy a home get a mortgage, purchase it, and then move in. But there's another option too, called rent-to-own. With this kind of arrangement, you lease a property with the option ...
The model allowed her, at age 39, to buy her own home for the first time, a four-bedroom Chilliwack house with enough room to operate her daycare. A private company, Fraser Valley Rent 2 Own ...
Rising interest rates, plunging asset values and the specter of more regulations threaten the rent-to-own sector.
Rent-to-own company Home Partners attracted Blackstone Group with a promise to make home ownership a reality for those locked out of traditional mortgages. Tenants said they were set up to fail.
Financing a home purchase can be difficult when you have less than a stellar credit history, but you may be able to start living in the home of your dreams by taking advantage of the rent-to-own ...
Tenants' rent payments include a savings component — $200 to $500 a month, typically, on a $200,000 home — to build toward a down payment. Customers who change their minds leave with that money, after ...
Forbes Advisor Canada walks through the specifics of rent-to-own home agreements and how the process works.
More millennials now own their own home than rent one, according to RentCafe analysis. The number of millennial homeowners rose to 18.2 million in the decade to 2022, it found. Gen Z is now the ...
San Francisco-based rent-to-own startup Divvy Homes is expanding to Miami and Fort Lauderdale.