Many homeowners aren’t aware that they can combine a rental agreement with a home purchase, so they get to stay in a house or condo for some time, paying rent to the owner, before finally buying it. In most cases, the renter has the option to buy at a predetermined price by a certain date it if they choose. While the seller loses some freedom in the deal, they get to keep at least a portion of the rent, or all of it if the renter decides not to buy. In slow housing markets like this one, rent-to-own becomes a more popular option. Read more in our new article on rent-to-own-home-leases.