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WHAT IS RENT-TO-OWN HOMES? The rent to own homes method is a circumstance where you accept to buy a home at a future date, according to a specified cost in the deal and the meanwhile, you live in the property on a rental basis.Other conditions used to consider this form of a purchase agreement is lease-to-own option or a lease-to-purchase option.
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To learn more about rent-to-own homes, loans.org interviewed several mortgage loan industry and housing market insiders who explained everything that anyone looking for a rent-to-own home should know before making such a large decision. Defining Rent-to-own