Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Is the purchase price of the Rent to Own home negotiable?

April 26, 2017Home negotiable price purchase rent

0

Posted

Is the purchase price of the Rent to Own home negotiable?

1 Answer

0

Posted

The Option Purchase Price will be set when the Rent to Own contract is signed and will remain fixed over the term of the agreement. Even if the price of the home goes higher than anticipated, you will get to buy it at the contractual price set in the beginning of the agreement, thus directly benefiting from your investment in home ownership.