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Rent to Own Homes Tampa – Tampa Bay Rent to Own Homes

Rent to Own Homes Tampa – Tampa Bay Rent to Own Homes

Rent to own homes also known as lease purchase or lease option homes are an excellent alternative for people who want to own their own home but are not quite ready do to credit issues or not enough money for a down payment.¬† The way a rent to own home works is you have a standard rental¬†lease which allows you to live in the home and then you have a seperate “Option” agreement which gives you the right to purchase the home at or before the lease is up.

Rent to Own Homes Tampa – Tampa Bay Rent to Own Homes

There are several advantages of buying a house on a rent to own agreement, they are:

  • No bank qualifying to get started, as long as you have a job and can afford the payments and can make the down payment, most are approved.
  • Your d...
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