Purchasing a home is a common dream come true for many individuals. The cost of homes today, however, is out of control, and you might be feeling disheartened since saving for a down payment or filling out a mortgage application has been difficult.

You might think choosing a rent to own home sounds like a good alternative to buying a house. But what is rent to own and how does rent to own work?

A rent to own home sometimes called a lease to own home is a house you rent for a limited time, then buy when your lease ends. It’s a property that you rent and make progress toward eventually owning it.