How Rent-To-Own Homes Work: A Complete Guide
Redfin
APRIL 13, 2022
Simply put, a rent-to-own home is a residential property that you agree to live in as a rental for a set number of years with the option to purchase the house at the end of the rental term. With most rent-to-own agreements, the renter pays an additional monthly payment that goes toward the down payment. Purchase price agreement.
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