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One thing is that you often have to pay the upfront option fee still. You also have to pay on time, every time, and if you are just a day late on your rent, most contracts void the rent agreement for the month.

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Q: What are the risks of a rent to own home?
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Where can I find good rent to own home in boston?

one place to look is www.irenttoown.com/rent-to-own-boston-rent-to-own-homes


What exactly is a rent to own home and how can you become eligible?

A Rent to Own home is a home where you pay rent each month and eventually you have paid off the home and will own it. To become eligible, contact your local realtor who can arrange to provide you more information.


Is it better to rent or own a home and why?

Can I rent to own a home In Miami, Florida, as I am working, but have no down payment. Willing to pay $1,000 monthly who can help me


What kind of lease is generally required with a rent to own home?

You will need a long term lease that lasts about 5 yeras with a rent to own home.


Who is responable for the upkeep on a home when it is a rent to own home?

Once the rent to own contract is in force then you are responsible for all home maintenance, unless other arrangements were spelled out in the contract. When you enter a rent to own agreement you will need to have cash reserves similar to a new home owner to cover unexpected expenses. Mortgage firms and banks are responsible for the upkeep on a home when it is a rent to own home. You can read more about it at www.mortgageloanplace.com


Where can I find a rent to own home in miami?

For a list of rent to own homes in Miama FL you can visit www.irentoown.com.


How easy is it to find a rent-to-own home?

Rent to own homes persist in every local city and suburbs.


Where can I find a rent to own home in Dallas, Texas?

There are several online listing for rent to own homes in dallas. Local realtor companies will also offer rent to own homes or mortgage plans that can fit a rentors budget so they can own the home.


Can you file bankruptcy on a rent to own home in Pennsylvania?

Yes you can file bankruptcy. However the "rent to own home" is not owed by you and is still owned by the "landlord". You can continue with the "rent to own" or walk away. Bankruptcy is an entitlement to citizens for debt relief


What is dwellers insurance?

insurance on a home you own and rent out


Are rent to own homes a good way to purchase a home?

If you're not able to qualify for a traditional loan. Purchasing a home on rent to own may be a good option.


Where can I find a rent to own home in Georgia?

You can find a rent to own home in Georgia at www.ezhousebuying.com. Another good site is www.findmyroof.com/ga/leasepurchase You can find many rent to own homes in that area by visiting www.craigslist.org. You can also try www.rentlist.net or www.garenttoownnow.com.