Why rent-to-own homes are a great choice for people buying their first home
The lower down payment is one of the best things about rent-to-own homes . As long as you pay more than the fair market value for the rent each month, you can use that money for the down payment. You can also try out the house before you buy it, which can be a good way to save money for the down payment. Many people, especially first-time buyers, find it hard to buy a house. It’s even harder when there aren’t as many places to live and the prices are high. There is a link between not being able to afford a home and structural barriers and intentional housing discrimination. Many Americans can’t buy their first home because of these problems. The best investment is still a traditional home, but renting can be a good alternative. Renting a home has many benefits, such as giving you the freedom and security of not having to worry about repairs and maintenance. Another good thing about renting is that it’s cheap. People with less-than-perfect credit are often interested in rent-to-own agre