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Learn the process behind a rent-to-own agreement-also known as a lease-option agreement or a lease-to-own agreement-and how you can use this method as an alternative way to buy a home.
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One investment company is offering these homes on a rent-to-own basis but making the buyer responsible for repairs. These homes turn into a money pit for the consumer. Bottom Line. Rent-to-own homes come with a significant risk to buyers. If the owner of the property gets foreclosed on you’re going to be forced to leave.
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