Thinking About a Rent-to-Own House? Here’s What You Need to Know
HomeLight
JULY 30, 2021
Additionally, a certain amount of the monthly rent is also typically stipulated to help cover the buyer’s closing costs or down payment. For example, monthly rent on the house is $2,000, and the buyer agrees to pay an additional $300 a month, which will go toward closing costs on the purchase.”. And getting a mortgage?
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