Ferndale has rent to own purchasing options. This usually refers to a legally documented transaction in which tangible property, such as furniture, consumer electronics and home appliances are leased out for a monthly or weekly payment structure. One is given the option of purchasing the same at a later date. This may also be available for real estate. One can opt for this when one does not have sufficient money to make a number of purchases, since it builds in the option of a future purchase.