rent to own
… renttoown programs at rental buildings in NYC and possibly moresome are new and a couple launched late last year and … to test drive a place and make the overall commitment to buy less daunting It also may be a fit for renters who want to buy but need time to shore up their credit or are concerned …
… As the prospect of home ownership slips away for more and more New Yorkers there could be an unlikely … bubble burst in 2008 The idea is fairly straightforward Buyers whose finances arent the fittest can secure a rental often at a higher price with the option to buy sometime later also at a higher price The company buys …
… purchase price Whether these arrangements make sense for buyers is a matter of debate and circumstance Its an interesting option for buyers in markets where it is cheaper to own than to rent … to pay for repairs and upkeep Renttoown options are more common in condos than coops but if youre considering a …
