How Rent To Own Program Works
How Rent To Own Program Works A rent-to-own program is a way for potential homebuyers to rent a property for a period of time with the option to buy the property at the end of the rental period. Here's how it typically works: The renter and landlord (or property owner) agree to a rental period, usually between one to three years. The renter pays a non-refundable option fee at the beginning of the rental period,…