{"id":12046,"date":"2022-11-21T04:05:56","date_gmt":"2022-11-21T04:05:56","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/?p=12046---cd3e1e79-b7d6-4790-afe9-a57dece2e61d"},"modified":"2022-11-21T04:06:31","modified_gmt":"2022-11-21T04:06:31","slug":"learn-more-about-rent-to-own-home","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/learn-more-about-rent-to-own-home\/","title":{"rendered":"Learn More About Rent To Own Home"},"content":{"rendered":"

\"Rent<\/h2>\n

<\/h2>\n

What Rent to own home really is and how you can acquire one.<\/h2>\n

Someone people get a little confused when they hear the term rent to own home <\/strong><\/a>, Rent to own<\/a> is simply as the name is or as the name sounds , Leasing a home with an option to buy it .<\/p>\n

If you feel to have your own home but are unable to secure conventional financing<\/a> today, leasing a home with an option to buy may be your best option. A lease purchase can make your rent money work for you instead of making your landlord rich. Typically rent to own homes<\/a> offer<\/a> rent credits that reduce the final purchase price!<\/p>\n

Here’s how it works .<\/strong><\/p>\n

A home is made available via a standard lease with one important addition. Included is an option to purchase that home<\/a> at a specified price over a specified time period (usually one or two years). In order to acquire that option, the renter\/buyer must pay a one time, NON REFUNDABLE, fee called the option consideration. The exact amount is negotiable, but it is usually ranges from 2.5 to 7% of the purchase price. A fair contract will credit the buyer 100% of that option consideration upon closing of the sale. Furthermore a negotiated percentage of all rent payments should be applied toward the purchase price of the home.<\/p>\n","protected":false},"excerpt":{"rendered":"

What Rent to own home really is and how you can acquire one. Someone people get … Learn More About Rent To Own Home<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":12053,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[4],"tags":[4751,1403,15239,12908,543,127,41,3034,15296],"class_list":["post-12046","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-amazing","tag-buy","tag-chase","tag-home","tag-home-buying-guide","tag-homes","tag-property","tag-rent-to-own-home","tag-target"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2021\/07\/Rent-to-own-home.jpg?fit=720%2C722&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/12046","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/comments?post=12046"}],"version-history":[{"count":1,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/12046\/revisions"}],"predecessor-version":[{"id":64885,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/12046\/revisions\/64885"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media\/12053"}],"wp:attachment":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media?parent=12046"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/categories?post=12046"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/tags?post=12046"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}