Lease-to-own is a process that allows tenants to eventually buy the property they are renting. A popular approach within this framework is the inclusion of an “option to purchase” clause in the lease agreement. This provision gives tenants the right to buy the property within a specified timeframe and under the conditions outlined in the lease. Another option is the “right of first refusal” (ROFR), which grants tenants the first chance to make an offer on the property before it is made available to other potential buyers. Lease-to-own arrangements empower tenants to transition into homeownership, providing them with the opportunity to save money, improve their credit, and determine if they truly enjoy living in the home. If you’re interested, I have several lease-to-own programs available; just fill out the information below.
