Rent to own houses are growing in popularity but are also going fast. With the current downturn in the housing market, more people are wanting to rent a house to own because they are becoming more feasible options for both landlords and tenants. A Rent to own house contract gives the buyer the ability to purchase the property for a given price after a pre determined set of time. Rent to own house contracts have also become popular for sellers because of falling housing prices. These contracts give the landlord the ability to prevent a fire sale of their property so they can ensure a decent sale price on their home and earn a return on the property in the mean time.

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