Is the price of the home established in advance?
By Chad Corbett on
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.