Rent-To-Own Gaining Favor Once Again

Rent-To-Own options are becoming popular again after falling out of favor during the last couple of decades when mortgages were easy to get. The advantages of Rent-to-Own to buyers include a way around poor credit, an opportunity to rebuild credit worthiness and a way to try out homeownership without making a costly commitment. For sellers, it offers cash flow from properties that might otherwise just be sitting there.

Source: Boston Globe, Robert Preer (08/31/2008)

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