M.E.W. Home Solutions
1) What is Rent-to-Own and how does it work?
Rent-to-Own in its simplest form is just renting a home with an option to purchase the home during a predefined contract period (Usually 1-5 years).
2) How is Rent-to-Own different for Renting?
Rent-to-Own is like a forced savings program. A portion of your rent payment each month is applied as a credit and will be credited toward your down payment at the end of the Rent-to-Own contract