Gary Talks Real Estate
Rent-to-own real estate, also known as lease-option or lease-to-own, is a unique type of home purchasing option that allows renters to eventually become homeowners. Under a rent-to-own agreement, renters pay an option fee and a monthly rent premium in addition to the regular rent. The option fee gives the renters the right to purchase the home at a later date, usually at a pre-determined price. This can be an excellent option for people who are not currently in a position to purchase a home but want to build up their credit and save for a down payment. In this podcast, we will discuss the benefits and potential drawbacks of rent-to-own real estate and provide tips on how to navigate the process. https://youtu.be/LCJu8t0CSp0
11 episodios
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