House Freedom is here to help you find the perfect home to rent or rent to own. We make the process easy for you, and it’s our mission to help through the process.
What is Rent to Own, and How Do I Learn More?
If you’re thinking about moving into your own home, but the timing isn’t quite right to commit to a mortgage, then you may want to consider renting-to-own.
A rent-to-own house is similar in a lot of ways to simply renting a house. You are considered a tenant for the duration of your lease, and the homeowner is your landlord.
However, the biggest difference is that the seller is agreeing for you to have the option to buy the home with an Option Fee paid up front. This will replace your standard rental deposit and will go toward the purchase of the house when you buy down the road. The Option Fee is non-refundable if you don’t end up buying the house.
Ready to take the next step?
Here’s all the information you need to know: How to Apply