Rent-to-Own Homes Could Become Option for Those Who Can’t Buy

Printer-friendly version
January 15, 2016

Some prospective homeowners are having trouble saving for down payments and getting approved for mortgages. For them, a new plan allows them to live in the home they want while saving to buy it.

As Housing Wire reports, rent-to-own company Home Partners of America will rent properties to consumers with the goal of selling the property to them sometime in the future.

Home Partners of America works differently than other companies that operate single-family rentals by buying and renovating distressed properties. These rent-to-own homes are selected by the consumers, and tend to be higher-quality homes in better locations.

Read more

Comments on: "Rent-to-Own Homes Could Become Option for Those Who Can’t Buy"

July 2017

This Month in Professional Builder

Products
Features

Ashton Woods launched Starlight Homes to target entry-level home...

Overlay Init