Rent to Own vs Mortgage: Knowing the Differences
Are you intrigued by rent to own as an alternative to the traditional mortgage route to homeownership? It’s no secret that the rate of homeowners has gradually declined. At the same time, the number of renters has been on the rise, and their growth rate is more than double that of homeownership. The big question […]
5 Reasons Real Estate Agents Should Look at Rent to Own
Realtors may consider working with rent to own companies for various reasons, as this partnership can benefit both parties involved. Here are five reasons why real estate agents might find it advantageous to collaborate with rent to own companies: Expanded Client Base: Rent-to-own companies specialize in providing solutions for potential homebuyers who may not qualify […]
5 Things to Keep in Mind When Choosing a Rent-to-Own Company for a Residential Property Purchase!
If you’re looking at the possibility of getting your own home through a rent to own deal, you’re not alone. The rent to own option can be the solution, especially if buying a home upfront seems a bit tricky financially because of past bad credit or limited resources. But wait – before you dive in, […]
What Is Rent To Own Home, And How Rent To Own Homes Works?
Rent-to-own is a best solution for many, and it is simple and effective. You need to know some financial and legal things associated with this program, including how rent to own homes work. It would be better if you talk to an expert in this regards. Rent to own home is a straightforward concept. The […]
The Impact of Inventory on Home Sales
It’s no secret that Canada has had a shortage of housing inventory over the last couple of years, in part due to the high levels of demand that accompany low-interest rates. In fact, 2021 was a record-breaking year concerning all-time lows in inventory. It was also, however, a record-breaking year concerning total home sales. Because […]
Can I Rent to Own with Bad Credit?
The short answer is, yes! If you’re an aspiring homeowner that lacks the credit and/or capital to qualify for a traditional mortgage, renting to own might just be for you. While rent-to-own home agreements have been around for some time now, they’ve only now become more popular due, in large part, to the current state […]
The Pros and Cons of Rent-to-Own Homes
As the real estate market continues to be impacted by rising interest rates, inflation, and most of all, the COVID-19 Pandemic, more and more citizens are looking for alternative ways to live. As a result, would-be homeowners are now seeking out rent-to-own agreements among other pathways in order to stay afloat. The good news is […]
Is There a Catch to Rent-to-Own Homes
The short answer? NO…not with properly structured programs! Rent-to-Own Homes can be extremely beneficial under the right circumstances and they shouldn’t be viewed as inherently deceptive because, well, they’re not. Today’s Rent to Own programs feature many benefits that outweigh the “perceived” risks of a Rent to Own program. With any type of financing there […]
Is It a Good Idea to do Rent-to-Own?
The question of whether or not it’s a good idea to sign a rent-to-own agreement is the wrong question to be asked. The better question is “is a rent-to-own home right for me?” or “am I the right candidate for a rent-to-own home?”. Here’s why… Rent-to-own homes are subject to several implications and were initially […]
What are the Advantages of Rent-to-Own Homes?
What is a Rent-to-Own Home? Simply put, a rent-to-own home is a contractual lease agreement that allows tenants to presently rent the property at a fixed rate while providing them with the future option to purchase said property by some agreed-upon date. While a rent-to-home agreement looks a lot like a standard lease agreement, there […]