Maybe a better question to ask is, "Is it smarter to buy, 'Rent-to-Own' than it is to rent only?"
Here are a few reasons why it's both smarter and easier to buy, "Rent-to-Own" v. just renting only:
- We do not check your credit when you use our program. When you try to rent, your credit will be checked by other companies.
- Your purchase will be a future investment for you and your family. When renting only, there is no investment for you, just the landlord that you pay monthly rent to.
- You have time to fix your credit for the next 1-3 years, while you "freeze" the purchase price of the property you're going to buy. If you rent a property only, and then decide to buy it later, your purchase price could be higher if the market values of homes go up near yours.
- Your money goes towards the purchase of your future home when you buy. When you rent only, your money goes out the door.
- Plus, much more.
Learn more about the benefits of buying, "Rent to Own" v. just renting here. You'll be surprised at how much easier it truly is to buy v. renting. Granted, you'll need a higher down (the Option fee) when you buy v. rent.
But we even provide installment payments for you that you can spread out over the life of the lease term. Ask a rental property manager if they will do the same. In most cases, they will not.
Russell & Diana de la Peña