Lease to own is a particular form of owner financing. You’re basically renting, but a portion of your rent every month will be credited towards your purchase of the property. The owner will retain his position as the owner within the county records giving them additional protection against a default. These homes also frequently can allow you to give up you position if you decide you don’t want the house. I’ve showcased a number of Memphis lease to own homes and listings below and encourage you to run your own search using the advanced Memphis Real Estate search feature found on my site.
Memphis Lease to Own Homes
November 17, 2010 By