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I am not a fan of rent to own. Not at all! There are some homes on Craigslist that are advertised as rent to own to directly answer your question. To give you a small, beginners amount of knowledge–rent to own only benefits the seller.
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How Rent-to-own Homes Work | HowStuffWorks – How Rent-to-own Homes Work. For many, the rent-to-own home may be the best option. Also called a lease-to-own house, the process works similarly to a car lease: Renters pay a certain amount each month to live in the house, and at the end of a set period — generally within three years — they have the option to buy the house.
Process Involved in Rent-to-own Homes – How Rent-to-own. – How Rent-to-own Homes Work. The option fee is a set amount that the renter pays the seller. If, at the end of the lease period, the renter buys the house, the option fee becomes part of the down payment. If the renter doesn’t buy the house, the option fee becomes income for the seller. Rent premiums are an amount slightly above the typical rent,