How Does Rent To Own Work?
Rent to own is becoming popular due to the current situation of credit and housing market conditions. RTO is also know as lease to purchase option, lease option, a type of owner financing or lease-to-own, rent to buy and let to buy. This real estate process relates to a real estate agreement that involves rental lease and purchase agreement where the tenant has the option to buy the property at a fixed price after a specified point of time in the future.