What Is The Main Reason to Avoid Renting To Own?

Because most of the time this fails. It depends on the terms of your agreement. Some attempts to rent to own result in the tenants loosing money. Other attempts at renting to own result in the final terms being so unappealing that the tenant/ purchaser will no longer want the home.

Homes For Rent In Winter Garden FL

Renting to own is usually a bad idea because what is the market going to be like next year? Real estate contracts are complex because they need to be. Will the seller resist selling and be difficult to deal with if the value of his home goes up over the term of the lease?

Will the tenant not want to purchase if the value of the home goes way down during the term of the lease? I could go on and on covering reasons this is difficult. Thank you for asking about the main reason to avoid renting to own.

Prev | Next

All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independent verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. The source of the listing data is as follows: Stellar MLS (updated 12/21/24 12:41 PM) |