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Rent-to-Own Homes: How the Process WorksRent-to-own agreements are an option for people who may not be able to secure a mortgage initially or make an upfront down payment. Instead, they enter into an agreement with a property owner to ...
This type of loan can be a useful option for buyers ... the buyer doesn't qualify for traditional financing. In a rent-to-own agreement, the homeowner rents the property out to the prospective ...
After lenders turned them down for a traditional mortgage, a realtor told her there might be another way. Something called a lease-purchase, or rent-to-own, agreement. "This was our way to own a ...
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