: You sign a standard lease plus an "option to buy" contract.
: A portion of your monthly rent often goes toward the eventual down payment.
: You live in the home as a tenant for a set term (usually 1–3 years).
: You pay an upfront, non-refundable fee (typically 1%–5% of the price).
: The price is often locked in when you sign the lease.
: Unlike standard rentals, some contracts require the tenant to cover repairs.
: You sign a standard lease plus an "option to buy" contract.
: A portion of your monthly rent often goes toward the eventual down payment.
: You live in the home as a tenant for a set term (usually 1–3 years).
: You pay an upfront, non-refundable fee (typically 1%–5% of the price).
: The price is often locked in when you sign the lease.
: Unlike standard rentals, some contracts require the tenant to cover repairs.