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Below is an explanation of what rent-to-own homes are, how the process works, and tips to make one of these agreements work for you. What is a rent-to-own property?
With rent-to-own, part of your rent goes toward a down payment on the property. But be sure you fully understand the contract and can fulfill your part.
Rent-to-own is a type of real estate contract that gives renters the option to purchase the property they’re living in at the end of the lease period.
Expense – Renting-to-own is more expensive than a straight rental. Your rent will be higher as a premium to the current homeowner to accept the rent-to-own arrangement.
Rent-to-own can be a pricey proposition. Consumer Reports tells you why, and gives you some alternatives.
The entire rent-to-own business model depends on its customers paying far more than anything they buy is worth.
Financing a home purchase can be difficult when you have less than a stellar credit history, but you may be able to start living in the home of your dreams by taking advantage of the rent-to-own ...
Q: Can a parent set up a rent-to-own agreement with a child on the parent’s rental property and include the IRS tax free gift amount ($15,000 for 2018) as part of the annual rent payment?
Weekly rent-to-own furniture and appliance payments that can triple the price of a purchase. Here's how to break the habit.
Should you listen to Ramsey and avoid rent-to-own? Ramsey is absolutely right that rent-to-own arrangements are usually best avoided.