: Unlike standard rentals, some contracts require the tenant to cover repairs.
: A portion of your monthly rent often goes toward the eventual down payment. how does lease with option to buy a house work
: The price is often locked in when you sign the lease. : Unlike standard rentals, some contracts require the
: When the lease ends, you apply for a mortgage to buy the home. Key Components to Watch : Unlike standard rentals
: You sign a standard lease plus an "option to buy" contract.