Michigan Rent to Own, Lease Option & Lease Purchase Homes

RentalHouses.com offers Michigan rent to own homes throughout the state for buyers-tenants seeking a gateway from renting to selling and for sellers-landlords looking for a purchase commitment. A lease purchase in Michigan allows the buyer-tenant to pay a more substantial deposit than in a normal lease, regular rent and a rent premium that goes toward the eventual purchase of the home when the lease has expired. A Michigan lease option is another alternative and generally has the same guidelines as a lease purchase, except the tenant is not obligated to buy the home at the end of the lease.

Successful lease purchase or option agreements hinge on thorough contracts and planning by both parties. Rent-to-own homes in Michigan allow buyers-tenants time to raise their credit or save money while providing sellers-landlords sale security not afforded them in normal leases.  So, if you’re a buyer or a seller looking for Michigan lease-to-own homes, let RentalHouses.com find lease purchases and lease options for you today.

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