Rent to own real estate can be a great choice in Grand Rapids.  But it can be a little confusing at first.  What is a rent to own property?  What is the tenant-buyer responsible for, and how does it all work?

Fortunately, once you understand the basics, you can take advantage of this excellent option.  You can live in your dream house as you prepare to get more traditional financing, and help build up your credit along the way.

Getting Started

First, how do you find rent to own real estate in Grand Rapids?  There are a few options, and some are easier than others.  First, check with a local Realtor.  They will be able to run a quick search on properties on the MLS, and check if any are offering their homes for sale as a lease option.  From there, you can set a showing, follow up, and begin the process. Continue reading “What to Expect with Rent to Own Real Estate in Grand Rapids MI” →