Buying a house outright isn’t the only way to become a homeowner. Potential homebuyers are turning to the alternative rent-to-own (RTO) method to make their homeownership dreams a reality. While ...
A rent-to-own home enables you to start the process of purchasing a property. You'll enter into an agreement with the owner that either allows or requires you to purchase the home you're leasing after ...
Rent-to-own agreements combine leasing with a purchase option, setting terms for rent and future buying. Due diligence is crucial; always review contracts, ask relevant questions, and get legal advice ...
Rent-to-own deals are nothing new. These transactions, in which a portion of the buyer’s monthly rent payment is ultimately applied toward a down payment, traditionally have been used by home buyers ...
You’ve probably heard or seen the rent-to-own advertisements online as a potential solution to not being able to afford buying a home—but you probably haven’t heard how they have been used to trick ...
This story is part of our focus on solutions put forward to tackle big and small social problems in our communities. Our evidence-based reporting explores challenges in Texas and looks for examples ...
In a video posted to his Facebook page, Jordan Lee gives a tour of a Utah house he moved into in 2023, pointing out his ...
The company, backed by high-flying Silicon Valley investors like Andreessen Horowitz, had promised it would reinvent the rent-to-own model and make it more consumer friendly. High interest rates and ...
If you’re in need of a sofa or a dishwasher, and you don’t have the money to buy either outright, you might think about purchasing one from a rent-to-own store. But think hard – because there are a ...
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