It’s no secret that it’s getting harder to buy a home. That’s why many would-be homeowners are looking at rent-to-own homes as an alternative to the traditional path to homeownership—especially if ...
Dear Monty: We want a rent-to-own agreement on a house we jointly own with my husband’s mother. The place is owned free and clear. We want to buy her out in about two years. What are both parties’ ...
Rent-to-own deals are nothing new. These transactions, in which a portion of the buyer’s monthly rent payment is ultimately applied toward a down payment, traditionally have been used by home buyers ...
Some people go from renting a home to buying one. But others might take more of an interim step by going the rent-to-own route. With a rent-to-own arrangement, you sign a contract that has you renting ...
Last week’s column on common mistakes made by owner-occupants struck some nerves. To refresh, not charging the operating entity a market rent and an absence of agreements between the ownership and ...