To say that the economic environment of the past couple years has had an impact on the housing market would be a huge understatement at best. It has become tougher for buyers to qualify for mortgages, and consequently, housing sales have stagnated. With the stagnant market, many buyers are now offering Lease To Own opportunities for their properties.
Renting a property and having a portion of that rent go towards equity in the home is not a new concept. Prior to easy credit, it was one of the best ways for a new buyer to purchase a home. With the economy the way it has been, it is growing in popularity once more. Irenttoown.com is a terrific website to use if you are looking for a lease to own property.
At their website, they have thousands of rent to own properties you can search in their database. I did a quick search in my zip code and found over 6000 properties available. You can search by a number of factors, such as price, and number of bedrooms and bathrooms. They also have a lot of great tips of things to look for or avoid for the person looking for a rent to own property.
If you are looking for a home, and want more information on lease to own, you should really check out irenttoown.com. You should also check out this Overview for Buying a Home at US Department of Housing and Urban Development.
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