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Re: rent to own - Landlord Forum thread 357639

Re: rent to own by anon on May 31, 2018 @19:03

                              
Oh, no. You do not credit a tenant monthly in a rent-to-own contract.
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Re: rent to own by Anonymous on May 31, 2018 @19:28 [ Reply ]
Please elaborate.
    Re: rent to own by anon on May 31, 2018 @19:54 [ Reply ]
    The tenant would be buying an OPTION to own this house. If you know the basics of buying/selling stock options, you will be able to relate that knowledge to the home option market. When I buy an option to purchase 100 shares of Netflix at price XYZ and expiration date of 6 weeks, I pay the option seller in full NOW. I also pay a little more to the exchange for processing. For a home, that might be the attorney, the real estate broker, and the title company.

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