What Are Rent-to-Own Homes?
Posted by Maryann Jones on
Are you curious about rent-to-own homes? It's a housing option gaining traction across Canada, and for good reason. Picture this: you're dreaming of owning your own home but aren't quite ready to take the plunge into a traditional mortgage just yet. That's where rent-to-own homes come into play. This innovative arrangement allows you to rent a property with the option to buy it later, offering a stepping stone to home ownership without the immediate financial commitment.
What's driving the surge in popularity? Well, for starters, it's a flexible solution for both buyers and sellers. Home buyers get to test-drive their potential future home while gradually building up their finances, while sellers can attract a wider pool of potential buyers by offering…
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