NYC rent-to-own condo programs gain momentum in the Covid era

… 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 …

By Jennifer White Karp |December 29, 2020 - 9:30AM
Could rent-to-own programs work in NYC?

… 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 …

By Beth Stebner |August 4, 2015 - 12:59PM
Does rent-to-own make sense in NYC?

… 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 …

By Teri Karush Rogers |November 17, 2011 - 8:11AM