Rent-to-Own Homes Guide
Some housing assistance programs help prospective homebuyers purchase a home. These programs may help put money towards the purchase price of a home, closing costs, or down payments. However, these programs generally include strict income guidelines and may consist of limited funds or a waiting list until further aid becomes available. Rent-to-own properties provide Americans with a unique path towards homeownership. These agreements allow a family to live on the property they wish to purchase and pay a rental amount. A portion of that amount is generally applied towards the purchase of the home. Find out more about rent-to-own properties by downloading our free guide.