What you really need to know about rent to own homes 5/5 (2)

What you really need to know about rent to own homes

Why are so many people renting instead of buying a home? Due to lower home inventory, rising home prices, and stricter mortgage qualification standards, the rental rates in Tucson show no signs of slowing down. However, some buyers are finding a way around the cost of buying a home now by investing in a rent-to-own home for later. Rent-to-own deals, also known as a lease-to-own, require buyers to pay extra rents each month plus up-front fees of about five percent