answersLogoWhite

0


Best Answer

Renting to own items, or even a home, make a huge profit for the renting conpany. This means that you are paying far more for them than if you purchased them outright.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Is a rent to own home usually costlier than just renting or buying?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What fb means and stand for when buying or renting a home?

This Free Guide wil show you everything on home renting look in related link for " Home Rental Guide "


What is the cycle followed by the housing market?

The cycle is a way people use before buying a home or renting one.the cycle is something that people are use to using to help them out in buying or renting.


What would be your thesis statement on buying a home is better then renting?

i would start by making a list of the pros and cons of both buying and renting ones you have a list it would be easier to see what the focus of you paragraph would be.


Which department ensures that no one will be discriminated against when renting or buying a home?

Housing and Urban Development


Renting rather than buying?

Buying a home is nice, and it is consider the American Dream, but that doesn't mean it's right for you. Actually, many have found that renting a home is a better option. If you are not into fixing things around the home for yourself, then renting is certainly for you. After all, you will still have a landlord that has to take care of these things for you if you are renting. When renting your home, make sure that you purchase renter's insurance of some kind in order to protect you from any number of things that could happen. This is just a smart move every time.


Do we have to make a down payment for a rent house?

You usually will need to make a down payment if you are buying a rental home & either taking out a loan from a bank or other lender, or working with the owner to finance for you. If you are renting a home, as opposed to buying a home to rent out, then you will need what is called a security deposit, which is usually the equivalent of three months worth of rent payments.


What is the difference between renting a home and buying a home?

When you rent a home you pay repeditivly for a long time instead of buying which is paying for the whole house and only having to pay bills later.


Should you refinance first home before buying a second home to be a primary residence and then renting out the first?

housing and urbon developing


What are the pros of renting apartments rather than buying a home?

One of the biggest pros of renting would have to be that you are not responsible for the cost of maintenance on the property. Additionally, the required deposits are much smaller on rentals than the deposit to purchase a home.


What is home equality?

Chicago's home equality is a program that was started to insure there would be no racial bias when it came to buying or renting homes to those looking to move.


Why is renting a place to live cheaper than buying a home?

Renters don't own anything as a result of their payments, while homeowners do.


What is Chicago home equality?

Chicago's home equality is a program that was started to insure there would be no racial bias when it came to buying or renting homes to those looking to move.