Due to the cash shortage issues as well asproblems in downpayment, everyone who is willing to buy a house cannot do so.
However, thereare some good options for such buyers, one being the "rent to own houses" option.
Suchagreements allow renters to buy properties at some point within their period of lease.
Although the renters are required to pay a certain amount higher than the standard rent,that amount will later add up to his credit and will be used at the time of buying thehouse.
There are certain pros and cons to rent toown houses.
For example, if a buyer fails to buy a property at the end of the lease,he wouldn't get back the extra amount he paid for the rent.
Besides that, some rent to ownhomes agreement are designed in such a way that the tenant is obliged to buy the houseat any cost at the end of the lease.
Therefore, one should be very careful and should plantheir finance well before going for a rent to own house agreement.
If you are intenton renting to own houses, you can search for an appropriate house on your local newspaperlistings, craiglist or get info on them from real estate agents.
Refer to the links in the description belowto learn more about Rent to Own Houses.