How Does Lease With Option To Buy A House Work < 480p FHD >

A lease-to-own agreement—also known as a lease option—allows you to rent a home with the legal right to purchase it at a later date. It is a popular path for those who need time to build credit or save for a down payment. How the Process Works

: You live in the home as a tenant for a set term (usually 1–3 years). how does lease with option to buy a house work

: A portion of your monthly rent often goes toward the eventual down payment. how does lease with option to buy a house work