Is the price of the home established in advance?

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This depends on the type of Rent To Own home.  All of our Short-Term Rent To Own homes have a set price that is locked in and not affected by market fluctuations.  Our Long-Term Rent To Own homes do not have a set price – the price is determined by the loan amount of the original mortgage when you close.  This allows Sellers who are over-leveraged sell their homes rather than go into foreclosure and it helps Tenant-Buyers build equity in the home before they even close.

This post was written by

Chad Corbett – who has written posts on www.REsolutionsVA.com.
Chad Corbett is a REALTOR, an Investor and a Consultant offering a variety of creative solutions and "outside of the box" services to both Buyers and Sellers. In addition to owning REsolutions Real Estate Services as an Investor, Chad owns Portfolio Properties Real Estate as a REALTOR. For somewhat-conventional real estate guidance focusing on Luxury Homes, Commercial Assets and Investment Properties throughout the country visit www.PortfolioPropertiesRE.com.

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