Buying a house outright isn’t the only way to become a homeowner. Potential homebuyers are turning to the alternative rent-to-own (RTO) method to make their homeownership dreams a reality. While ...
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 ...
This story is part of our focus on solutions put forward to tackle big and small social problems in our communities. Our evidence-based reporting explores challenges in Texas and looks for examples ...
You’ve probably heard or seen the rent-to-own advertisements online as a potential solution to not being able to afford buying a home—but you probably haven’t heard how they have been used to trick ...
Rent-to-own agreements combine leasing with a purchase option, setting terms for rent and future buying. Due diligence is crucial; always review contracts, ask relevant questions, and get legal advice ...
The company, backed by high-flying Silicon Valley investors like Andreessen Horowitz, had promised it would reinvent the rent-to-own model and make it more consumer friendly. High interest rates and ...
If you’re in need of a sofa or a dishwasher, and you don’t have the money to buy either outright, you might think about purchasing one from a rent-to-own store. But think hard – because there are a ...
Build-to-rent communities have taken off as more Americans find themselves unable to afford a down payment on a home. An estimated 97,000 residential homes built to rent were completed in 2023, up 45% ...