RentToOwn-HouseFinder.com
Rent to own houses?
Are rent to own houses listing price usually cheaper than a normal house that you would just buy becuase I seen alot of rent to own houses in my area and there way cheaper than the regular houses.
Public Comments
- Not necessarily. Rent to own is basically a way of taking posession of a house during a very long escrow period. You pay your earnest money deposit and then pay rent until it's time to close.
- Yes and no. Usually the house is listed at the current market price, but because the sale would not be complete for a long period of time (like a few years), typically you would be getting a good deal if the market goes up, like it historically has. I talk more about this on my blog. See the articles on Lease Purchase Options.
