Understanding Rent to Own Arrangements
If you are someone who is desperate to buy your own home but is hindered because of your poor credit score which does not qualify you for a mortgage presently, then finding a rent to own home is the best option for you.
With a rent to own arrangement you would have enough time to improve your credit score, accumulate credits for monthly rentals, and save money for the down payment for the house.
Rent to own arrangements are beneficial because even while you are still working at your finances, you can already live in the house. With this arrangement the price of the house will be locked and you can start building your down payment credits.
Having a rent to own tenant is more beneficial to a home seller since this type of tenant will natural care more for the house which could someday …