Renting to own can be a great solution to people with less then perfect credit scores who are looking to buy a home. It takes years to pay off your home but it has it’s benefits. See 3 benefits of renting to own below:
1. You have the ability to buy a home without a great credit score. You should always try to improve your credit score by the way!
2. It allows you to lock in the buying price of the house. Once you agree on the price of the rent to own, the owners can’t change the price even during a fluctuating market.
3. It allows you to essentially test out your home. You move in and realize the house isn’t what you expected it to be and you want to leave. You aren’t locked in like you would be if you purchased the house originally.
Interested? If so, CLICK HERE to find rent-to-own houses near you.