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Thinking about renting your next house?
Are you considering renting your next house? There are alternatives out there which will help prevent you from throwing your money away on rent. Our site offers the information and services to help you find the right Rent to Own home for your needs. So what exactly is Rent to Own? We'll explain below along with why it's important to choose the right company to help you through the process.
What exactly is Rent to Own?
A Rent-to-Own house purchase is rent combined with an option to purchase the property within a specified period at an agreed-upon price. The borrower pays an option fee, 1% to 5% of the price, which is credited to the purchase price. The borrower pays rent, and an additional rent premium that is also credited to the purchase price. Sounds great, right?
Why should I use this site?
As with any kind of financial contract, Rent to Own deals can be structured in such a way that all the benefits flow to one of the parties and none to the other. Buyers especially need to be careful. But Rent to Own plans have a solid economic rationale, which means that they can be structured so that both parties benefit. So why do you need us? Well if you are swindled into the wrong type of contract you could lose the option fee along with the rent premium you paid! When you sign up with us to find the right Rent to Own house we guide you to the parties who will protect your interests.
Where do I sign up?
So you're still interested! You want to get signed up with the best Rent to Own service on the web? Just enter your First Name and Email address at the top to get started on the path to home ownership.