RentToOwn-HouseFinder.com - how do u lease to own a house?

how do u lease to own a house?

want to sell my house not rent, get rid of it faster.

Typically you take a substainal amount down and a portion of the rent will go towards their down payment as a form of credit towards the home. Make sure that you pull their credit, do background searches, etc. You negoitate the purchase price and the time line. Their is more risk, but it can work.
Here is my answer from a previous question. I hope this helps. The key to doing a lease w/ option to buy is the "NON-REFUNDABLE" deposit. This is a lump sum paid to you from the future buyer for giving them time to get their credit together and not selling the property to someone else before their "Lease option" expires. Also, another important factor is doing two seperate contracts... 1) The lease agreement 2) Option to buy agreement Best Answer - Chosen by Voters Going into forclosure will ruin your credit. If you're having difficulty selling it, try doing a rent to own. My husband and I owned a property that wasn't selling and we opted to rent it out to a couple for 12 months and at the expiration of this term, they would be in a better position to get a home loan. We required a $5K non-refundable deposit and they took care of the property because they knew it would be there's eventually. After 12 months they were able to show the bank a year's worth of payments and they got their loan. My husband and I saved our credit and walked away with an additional $5K plus the profit from selling.