Unfortunately, in most markets across the United States, this just is not a reality right now.  Tightening mortgage guidelines have left millions of American’s who would have once easily qualified for a mortgage unable to qualify.  Many of these people do not have terrible credit.  They just need to do a little credit restoration so that they can get into a mortgage in a year or two.  Instead of waiting to get into the home of their dreams, many of these people are looking to rent to own a home.

For sellers who need to sell a house fast, offering their home for rent to own can be a great alternative.  Not only does it help give them relief from a mortgage payment on a house that they no longer want or cannot afford, they also are able to receive full fair market value for the home.  Not having to reduce the price dramatically is one reason many sellers choose to rent to own their home.

Another advantage of renting to own is that your tenant is not a career renter but rather someone who wants to own a home of their own.  They plan on buying your home one day and as such are much more likely to take care of it.

If you are looking to sell your home in this market and would like to do it fast, offering your home for rent to own can be a great solution.