{"id":29598,"date":"2026-03-10T02:00:26","date_gmt":"2026-03-10T09:00:26","guid":{"rendered":"https:\/\/www.homelight.com\/blog\/?p=29598"},"modified":"2026-03-12T19:42:40","modified_gmt":"2026-03-13T02:42:40","slug":"buyer-are-rent-to-own-homes-real","status":"publish","type":"post","link":"https:\/\/www.homelight.com\/blog\/buyer-are-rent-to-own-homes-real\/","title":{"rendered":"Are Rent to Own Homes Even Real? Here Are Stories From 5 People Who\u2019ve Done It"},"content":{"rendered":"<p>If you\u2019ve heard of rent-to-own homes but haven\u2019t given them much thought, you\u2019d be forgiven for assuming that there must be a <a href=\"https:\/\/www.homelight.com\/blog\/buyer-whats-the-catch-with-rent-to-own-homes\/\">huge catch<\/a> to make the whole thing work.<\/p>\n<p>Or, maybe the idea sounds so far-fetched you wonder if rent-to-own homes are even real in the first place \u2014 totally fair!<\/p>\n<p>But <a href=\"https:\/\/www.homelight.com\/blog\/home-financing\/rent-own\/\">renting-to-own<\/a> is a real and valid path to homeownership, so we talked to five people who\u2019ve done it \u2014 either from the buying or selling side \u2014 to learn more. This includes perspective from <a href=\"https:\/\/www.homelight.com\/agents\/margaret-labus-wi-74346\">Margaret Labus<\/a>, a real estate agent in the <a href=\"https:\/\/www.homelight.com\/lake-geneva-wi\/top-real-estate-agents\">Lake Geneva<\/a>, Wisconsin, area, who has 22 years of industry experience.<\/p>\n\n\n\n\n\n<div class=\"geo-cta widget-cta widget-cta--content     widget-cta--dark widget-cta--dark-blue-gradient\">\n    <div class=\"widget-element--content\">\n        <div class=\"widget-element--content-header\">\n            <img decoding=\"async\" alt=\"homelight logo\" class=\"widget-element--logo\" src=\"https:\/\/www.homelight.com\/blog\/wp-content\/themes\/ccprototypev5\/images\/logo-small-cta.png\" width=\"106\" height=\"25\" \/>\n        <\/div>\n        \n                <h3 class=\"cta-headline widget--bold\">Find a top real estate agent near you<\/h3>\n                        <p>We analyze over 27 million transactions and thousands of reviews to determine which agent is best for you based on your needs. It takes just two minutes to match you with the best real estate agents, who will contact you and guide you through the process.<\/p>\n        \n                <div class=\"widget-element--buttons\">\n            <a data-type=\"In Content CTA\" href=\"https:\/\/www.homelight.com\/find-agent\/quiz\/buyer?#\/qaas=0\/\" class=\"cta-click-track widget-element--button\">Get Started<\/a>\n        <\/div>\n                    <\/div>\n<\/div>\n\n\n<p>Before we get into the stories, let\u2019s start with a brief primer on the business of renting-to-own (RTO).<\/p>\n<section class=\"building-block bb-type-default bb-agent-quote bg-none\" id=\"bb-1\"><div class=\"body block\"><div class=\"container-fluid\"><div class=\"block-content\">            <blockquote class=\"post-blockquote\">\n                <q><span style=\"font-weight: 400;\">It\u2019s not terribly common to rent-to-own because most of the people who are in the rental situation are those who, for whatever reason, can\u2019t <\/span><a href=\"https:\/\/www.homelight.com\/blog\/home-financing\/mortgage-loans\/\"><span style=\"font-weight: 400;\">get financing<\/span><\/a><span style=\"font-weight: 400;\"> the conventional way through a bank. But, it does open some possibilities with the right seller.<\/span><\/q>\n                                    <div class=\"contributors\">\n                        <ul class=\"list\">\n                            <li>\n                                <div class=\"inner\">\n                                    <div class=\"opener\">\n                                        <div class=\"avatar\">\n                                                                                            <img decoding=\"async\" src=\"https:\/\/media.homelight.com\/uploads\/agent\/picture\/1675982\/normal_headshot2.jpeg\" alt=\"Margaret Labus\">\n                                                                                    <\/div>\n                                        <div class=\"info\">\n                                            <strong>Margaret Labus<\/strong>\n                                            <span>Real Estate Agent<\/span>\n                                        <\/div>\n                                    <\/div>\n\n                                    <div class=\"contributors-detail-modal\">\n                                        <div class=\"holder\">\n                                            <a href=\"#\" class=\"icon-close close\">\n                                                <span class=\"screen-reader-text\">Close<\/span>\n                                            <\/a>\n                                            <div class=\"top\">\n                                                <div class=\"avatar\">\n                                                                                                            <img decoding=\"async\" src=\"https:\/\/media.homelight.com\/uploads\/agent\/picture\/1675982\/normal_headshot2.jpeg\" alt=\"Margaret Labus\">\n                                                                                                    <\/div>\n                                                <div class=\"info\">\n                                                    <strong>Margaret Labus<\/strong>\n                                                                                                            <span>Real Estate Agent at Berkshire Hathaway HomeServices Starck Real Estate<\/span>\n                                                                                                        <div class=\"rating\">\n                                                                                                            <\/div>\n                                                                                                            <span class=\"note\">Currently accepting new clients<\/span>\n                                                                                                    <\/div>\n                                            <\/div>\n                                                                                            <div class=\"btm\">\n                                                    <ul class=\"exp-list inline-list\">\n                                                                                                                    <li>\n                                                                <span>Years of Experience<\/span>\n                                                                <strong>22<\/strong>\n                                                            <\/li>\n                                                                                                                    <li>\n                                                                <span>Transactions<\/span>\n                                                                <strong>330<\/strong>\n                                                            <\/li>\n                                                                                                                    <li>\n                                                                <span>Average Price Point<\/span>\n                                                                <strong>$281k<\/strong>\n                                                            <\/li>\n                                                                                                                    <li>\n                                                                <span>Single Family Homes<\/span>\n                                                                <strong>274<\/strong>\n                                                            <\/li>\n                                                                                                            <\/ul>\n                                                <\/div>\n                                                                                    <\/div>\n                                    <\/div>\n                                <\/div>\n                            <\/li>\n                        <\/ul>\n                    <\/div>\n                            <\/blockquote>\n        <\/div><\/div><\/div><\/section>\n<div id=\"section--1\" data-toc-header=\"RTO 101: An introduction to rent-to-own homes\" data-toc-type=\"head\"><\/div>\n<h2>RTO 101: An introduction to rent-to-own homes<\/h2>\n<p>As we\u2019ve already introduced, <strong>yes<\/strong>, rent-to-own homes are real. It\u2019s a perfectly legal way to buy or sell a house \u2014 and creates a unique scenario that requires extra patience and understanding from both sides.<\/p>\n<p>\u201cIt\u2019s not terribly common to rent-to-own because most of the people who are in the rental situation are those who, for whatever reason, can\u2019t get financing the conventional way through a bank,\u201d explains Labus. \u201cBut, it does open some possibilities with the right seller.\u201d<\/p>\n<p>These possibilities can be stipulated in the <a href=\"https:\/\/www.homelight.com\/blog\/buyer-rent-to-own-homes-programs\/\">rent-to-own agreement<\/a> \u2014 which is also sometimes referred to as lease-purchase, or a lease-option agreement.<\/p>\n<p>The main difference is that with a lease-option, a tenant has the \u2014 you guessed it \u2014 <em>option<\/em> to buy the home at the end of their lease term. With a rent-to-own or a lease-purchase agreement, however, the tenant has already agreed to buy the home after a specified period.<\/p>\n<p>Renting-to-own isn\u2019t for everyone, and it\u2019s definitely not something you should go into without doing your research. But if you\u2019ve found a home you love and you just need a little more time to get your credit in order or <a href=\"https:\/\/www.homelight.com\/blog\/buyer-when-is-down-payment-due\/\">save up a down payment<\/a>, a rent-to-own agreement could be your literal foot in the door.<\/p>\n<p>The only thing is, the seller generally also has to see a benefit in the agreement; otherwise, they may as well just sell the home outright \u2014 but this isn\u2019t always the case.<\/p>\n<div id=\"section--2\" data-toc-header=\"1. Renting-to-own as an act of goodwill\" data-toc-type=\"head\"><\/div>\n<h2>1. Renting-to-own as an act of goodwill<\/h2>\n<p>Though it\u2019s true that most sellers would rather <a href=\"https:\/\/www.homelight.com\/blog\/how-long-does-closing-take\/\">finalize the transaction<\/a> as quickly as possible once they\u2019ve accepted a purchase offer, not everyone is in a hurry to relocate or collect <a href=\"https:\/\/www.homelight.com\/blog\/what-is-home-equity\/\">equity<\/a>.<\/p>\n<p>\u201cOne <a href=\"https:\/\/www.homelight.com\/blog\/investor-friendly-realtors\/\">investor<\/a> I work with works solely in the rent-to-own arena because they have it as their mission to supply good and fair housing to people who don\u2019t have the means to purchase right now,\u201d says Labus.<\/p>\n<p>Her investor client believes that everyone deserves to live in a place they can be proud of and be treated with dignity.<\/p>\n<p>\u201cWith each house purchased by this investor, there\u2019s an express goal to renovate and build out a home nicely, then turn it around and have it available for a tenant to rent-to-own,\u201d Labus explains.<\/p>\n<p>Labus\u2019 investor client maintains around 50 homes in their area and is happy to accommodate a tenant\u2019s request to move to another part of town \u2014 effectively transferring their rent-to-own agreement as needed.<\/p>\n<p>\u201cIt\u2019s not every investor who works like this, but this person has deep roots in the area, and they\u2019re emotionally committed to the success of our communities.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Are rent-to-own homes real? You\u2019d be forgiven for assuming that there must be a huge catch to make the whole thing work. We talked to people who did it.<\/p>\n","protected":false},"author":135,"featured_media":45461,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"cybocfi_hide_featured_image":"","footnotes":""},"categories":[192,636,629],"tags":[803],"class_list":["post-29598","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-buyers","category-rent-own","category-home-financing","tag-how-to-find-rent-to-own-homes"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.0 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Are Rent to Own Homes Real? Read 5 People&#039;s Stories<\/title>\n<meta name=\"description\" content=\"Are rent-to-own homes real? You\u2019d be forgiven for assuming there must be a huge catch. We talked to people who did it.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.homelight.com\/blog\/buyer-are-rent-to-own-homes-real\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Are Rent to Own Homes Even Real? Here Are Stories From 5 People Who\u2019ve Done It\" \/>\n<meta property=\"og:description\" content=\"Are rent-to-own homes real? You\u2019d be forgiven for assuming there must be a huge catch. We talked to people who did it.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.homelight.com\/blog\/buyer-are-rent-to-own-homes-real\/\" \/>\n<meta property=\"og:site_name\" content=\"HomeLight Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/gohomelight\/\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/amber.taufen.3\/\" \/>\n<meta property=\"article:published_time\" content=\"2026-03-10T09:00:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-03-13T02:42:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2022\/02\/Untitled-design-2024-07-09T213858.478-min.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"564\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Amber Taufen\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@gohomelight\" \/>\n<meta name=\"twitter:site\" content=\"@gohomelight\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Amber Taufen\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"10 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Are Rent to Own Homes Real? Read 5 People's Stories","description":"Are rent-to-own homes real? You\u2019d be forgiven for assuming there must be a huge catch. We talked to people who did it.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.homelight.com\/blog\/buyer-are-rent-to-own-homes-real\/","og_locale":"en_US","og_type":"article","og_title":"Are Rent to Own Homes Even Real? Here Are Stories From 5 People Who\u2019ve Done It","og_description":"Are rent-to-own homes real? You\u2019d be forgiven for assuming there must be a huge catch. We talked to people who did it.","og_url":"https:\/\/www.homelight.com\/blog\/buyer-are-rent-to-own-homes-real\/","og_site_name":"HomeLight Blog","article_publisher":"https:\/\/www.facebook.com\/gohomelight\/","article_author":"https:\/\/www.facebook.com\/amber.taufen.3\/","article_published_time":"2026-03-10T09:00:26+00:00","article_modified_time":"2026-03-13T02:42:40+00:00","og_image":[{"width":1000,"height":564,"url":"https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2022\/02\/Untitled-design-2024-07-09T213858.478-min.jpg","type":"image\/jpeg"}],"author":"Amber Taufen","twitter_card":"summary_large_image","twitter_creator":"@gohomelight","twitter_site":"@gohomelight","twitter_misc":{"Written by":"Amber Taufen","Est. reading time":"10 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":["Article","BlogPosting"],"@id":"https:\/\/www.homelight.com\/blog\/buyer-are-rent-to-own-homes-real\/#article","isPartOf":{"@id":"https:\/\/www.homelight.com\/blog\/buyer-are-rent-to-own-homes-real\/"},"author":{"name":"Amber Taufen","@id":"https:\/\/www.homelight.com\/blog\/#\/schema\/person\/1a9cb6a7b25cc51c499f82d20768b28d"},"headline":"Are Rent to Own Homes Even Real? Here Are Stories From 5 People Who\u2019ve Done It","datePublished":"2026-03-10T09:00:26+00:00","dateModified":"2026-03-13T02:42:40+00:00","mainEntityOfPage":{"@id":"https:\/\/www.homelight.com\/blog\/buyer-are-rent-to-own-homes-real\/"},"wordCount":661,"publisher":{"@id":"https:\/\/www.homelight.com\/blog\/#organization"},"image":{"@id":"https:\/\/www.homelight.com\/blog\/buyer-are-rent-to-own-homes-real\/#primaryimage"},"thumbnailUrl":"https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2022\/02\/Untitled-design-2024-07-09T213858.478-min.jpg","keywords":["How to find rent-to-own homes"],"articleSection":["Buyers","Explore rent to own","Financing"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.homelight.com\/blog\/buyer-are-rent-to-own-homes-real\/","url":"https:\/\/www.homelight.com\/blog\/buyer-are-rent-to-own-homes-real\/","name":"Are Rent to Own Homes Real? Read 5 People's Stories","isPartOf":{"@id":"https:\/\/www.homelight.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.homelight.com\/blog\/buyer-are-rent-to-own-homes-real\/#primaryimage"},"image":{"@id":"https:\/\/www.homelight.com\/blog\/buyer-are-rent-to-own-homes-real\/#primaryimage"},"thumbnailUrl":"https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2022\/02\/Untitled-design-2024-07-09T213858.478-min.jpg","datePublished":"2026-03-10T09:00:26+00:00","dateModified":"2026-03-13T02:42:40+00:00","description":"Are rent-to-own homes real? You\u2019d be forgiven for assuming there must be a huge catch. We talked to people who did it.","breadcrumb":{"@id":"https:\/\/www.homelight.com\/blog\/buyer-are-rent-to-own-homes-real\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.homelight.com\/blog\/buyer-are-rent-to-own-homes-real\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.homelight.com\/blog\/buyer-are-rent-to-own-homes-real\/#primaryimage","url":"https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2022\/02\/Untitled-design-2024-07-09T213858.478-min.jpg","contentUrl":"https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2022\/02\/Untitled-design-2024-07-09T213858.478-min.jpg","width":1000,"height":564,"caption":"Source: (karen roach \/ Shutterstock)"},{"@type":"BreadcrumbList","@id":"https:\/\/www.homelight.com\/blog\/buyer-are-rent-to-own-homes-real\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.homelight.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Are Rent to Own Homes Even Real? Here Are Stories From 5 People Who\u2019ve Done It"}]},{"@type":"WebSite","@id":"https:\/\/www.homelight.com\/blog\/#website","url":"https:\/\/www.homelight.com\/blog\/","name":"HomeLight Blog","description":"Real Estate Advice from America&#039;s Top Agents","publisher":{"@id":"https:\/\/www.homelight.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.homelight.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.homelight.com\/blog\/#organization","name":"HomeLight","url":"https:\/\/www.homelight.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.homelight.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2017\/11\/logo-hr-color.png","contentUrl":"https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2017\/11\/logo-hr-color.png","width":1348,"height":262,"caption":"HomeLight"},"image":{"@id":"https:\/\/www.homelight.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/gohomelight\/","https:\/\/x.com\/gohomelight","https:\/\/www.linkedin.com\/company\/homelight\/","https:\/\/www.youtube.com\/channel\/UCimugR9XF17-OZ7B9fNnxWw","https:\/\/en.wikipedia.org\/wiki\/HomeLight"],"description":"Everything you need to know to sell your house faster and for more money. Articles, guides, and advice from top agents all over the U.S.","email":"support@homelight.com","telephone":"(888) 688-0350","legalName":"HomeLight","foundingDate":"2012-01-01","numberOfEmployees":{"@type":"QuantitativeValue","minValue":"201","maxValue":"500"}},{"@type":"Person","@id":"https:\/\/www.homelight.com\/blog\/#\/schema\/person\/1a9cb6a7b25cc51c499f82d20768b28d","name":"Amber Taufen","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.homelight.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/2c25c507fd940b55aa542febbeeaa836b0405115402d8bed7d97e9b9a98c6e84?s=96&d=blank&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/2c25c507fd940b55aa542febbeeaa836b0405115402d8bed7d97e9b9a98c6e84?s=96&d=blank&r=g","caption":"Amber Taufen"},"description":"Amber was one of HomeLight\u2019s Buyer Center editors and has been a real estate content expert since 2014. The former editor-in-chief at Inman, she was named a \u201cTrendsetter\u201d in the 2017 Swanepoel Power 200 list, which acknowledges \u201cinnovators, dealmakers, and movers-and-shakers who made a noteworthy impact over the last year\u201d in real estate, and her assessment of revenue and expenses at the National Association of Realtors won a NAREE Gold Award for \u201cBest Economic Analysis\u201d in 2017.","sameAs":["https:\/\/www.homelight.com","https:\/\/www.facebook.com\/amber.taufen.3\/","https:\/\/www.linkedin.com\/in\/amber-taufen-90030312\/"],"url":"https:\/\/www.homelight.com\/blog\/author\/amber-taufen\/"}]}},"_links":{"self":[{"href":"https:\/\/www.homelight.com\/blog\/wp-json\/wp\/v2\/posts\/29598","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.homelight.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.homelight.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.homelight.com\/blog\/wp-json\/wp\/v2\/users\/135"}],"replies":[{"embeddable":true,"href":"https:\/\/www.homelight.com\/blog\/wp-json\/wp\/v2\/comments?post=29598"}],"version-history":[{"count":0,"href":"https:\/\/www.homelight.com\/blog\/wp-json\/wp\/v2\/posts\/29598\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.homelight.com\/blog\/wp-json\/wp\/v2\/media\/45461"}],"wp:attachment":[{"href":"https:\/\/www.homelight.com\/blog\/wp-json\/wp\/v2\/media?parent=29598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.homelight.com\/blog\/wp-json\/wp\/v2\/categories?post=29598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.homelight.com\/blog\/wp-json\/wp\/v2\/tags?post=29598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}