About Rent To Own Homes

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Share your savvy rent to own homes pros and cons with us in the comments section below. Thanks! To get honest information the next time you’re buying a home or selling a house contact a great.

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HousingList provides buyers with a full database of rent-to-own, HUD Homes, and Foreclosure real estate in their area. Visit our library to learn more about what a rent-to-own home is, how to rent-to-own, and other common questions buyers have asked over the years.

Free list of rent to own homes Find answers to this and many other questions on Trulia Voices, a community for you to find and share local information. Get answers, and share your insights and experience.

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While rent-to-own real estate opportunities are harder to find, they do exist. The most common, and perhaps easiest, place to find rent-to-own home listings is the internet. At least two sites that I am aware of offer rent-to-own home listings, but not without a fee: HousingList.com and iRentToOwn.com.

Rent-to-own homes allow people to buy the home they are leasing and use the rent they have paid as a credit toward their mortgage down.

Rent to own homes are those with leases that include either an option to buy or a requirement to buy after a certain period of time. The rental payments include both rent and funds that contribute to a future down payment.It can help you build up your credit score and save for a down payment on the property all at once.

Rent premiums are an amount slightly above the typical rent, with a portion of that money going toward a down payment. Here’s a typical example: The house is worth $200,000, and typical rent would be $1,000 a month. Someone who’s renting to own might pay $1,200 a month in rent and then receive a $200 rent credit each month.

Learn the process behind a rent-to-own agreement-also known as a lease- option agreement or a lease-to-own agreement-and how you can.

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