Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Rent to Own and other Rental Home topics.
Most sellers add a clause into the lease to buy agreement making the option consideration and the credits accumulated non transferable to anyone else if the current tenants cannot secure a home loan. If you are considering a lease to purchase home, try and have the lease to buy agreement curved in your favor and make the credits you earn transferable if you cannot secure financing for the rent to own home.
Guru Spotlight |
William Pirraglia |