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Rent-to-Own Frequently Asked Questions (FAQ) – Lease option transactions are also known as rent to own, or rent to buy transactions. In a lease option, the landlord-seller leases the home to the tenant-buyer and the tenant-buyer has the option to purchase the home for a pre-determined price at any point prior to the end of the lease.
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Rent-to-own homes: Win-win for landlords, risky for struggling tenants – These companies do not offer regular leases or mortgages – they offer “rent to own” contracts on homes that require tenants to make. “when you don’t have any options and someone is willing to work.
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