Becoming a homeowner is that simple. You’re only a few steps away.
First off, congrats! Renting a home for years can be a waste of your wealth. Rent to own homes give people another opportunity to buy a home.
People have more opportunities to find a home in their neighborhood that they love and want to purchase now.
In our years of experience, we noticed that people use "rent to own" for these reasons:
Rent to Own programs are basically renting a home with an end goal. You aren’t throwing money away because rent to own contracts will often have a purchase clause attached to them.
5 years? 10 years? You don’t have to wait all those years to accumulate savings or years to build your credit score. You can discuss with the landlord/seller the rent to own property you're interested in, and they will decide to approve you at their discretion.
Pursuing a rent to own home will give you the opportunity to: