Prepare for a Storm Surge. A storm surge is water that is pushed onto shore by a hurricane. It is rarely a wall of water as often claimed, but rather a rise of water that can be as rapid as several feet in just a few minutes. The storm surge moves with the forward speed of the hurricane â typically 10-15 mph.
Rent to Own Homes: Definition A rent-to-own strategy, also known as a âlease optionâ or âlease purchaseâ involves leasing out a home to tenants with a legal agreement allowing the tenants the exclusive right to buy the home within a certain time period.
Renting to own just means you're asking the seller to help finance your purchase through higher rent payments. The process itself is easy since you just need to write up a simple agreement on a proposed purchase price, the deposit, the rental rate, and time horizon.After a set number of years, you get to apply your high rent payments towards the downpayment.n general Rent to Own is a situation where the tenant has some sort of agreement with the landlord to ultimately purchase the property in the future.