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Are Rent to Own Homes a good idea?

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Are Rent to Own Homes a good idea?



Are Rent to Own Homes a good idea?
Aug 7, 2019

Renting to own a home is somewhat similar to a car lease. The seller has given his tenant the right to buy the house at some point in the future, usually one to three years out, for a price that is agreed upon today. Generally, the tenant will pay a fee, called option money, that will keep open the option of buying.

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