: A portion of your monthly rent often goes toward the eventual down payment.
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 how does lease with option to buy a house work
: The price is often locked in when you sign the lease. : A portion of your monthly rent often
: You sign a standard lease plus an "option to buy" contract. how does lease with option to buy a house work