Archives for December 2012

Is Money Going Down the Drain with Rent to Own?

Paying rent to your landlord each month is often seen as waste by those who advocate home ownership. Although, buying a house is not on everyone's list of goals.While it could be true that everyone would enjoy the potential benefits to owning a house, not everyone can afford the pricey mortgage payments, repairs, and other costs associated with buying a house.Those who can ill-afford the big down payment the lenders require  may find rent to own homes appealing. Basically rent to own … [Read more...]