what is the rent to own process
Renting to own just means you're asking the seller to help finance your purchase through higher rent payments. The process itself is easy since you just need to write up a simple agreement on a proposed purchase price, the deposit, the rental rate, and time horizon.After a set number of years, you get to apply your high rent payments towards the downpayment.n general Rent to Own is a situation where the tenant has some sort of agreement with the landlord to ultimately purchase the property in the future.