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| Home > Home Buying Guide > The Buying Process > Rent to Buy a Home |
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February 7, 2012
Rent to Buy a Home
View our select resources to see if you should rent-to-buy your home. See the pros and cons of this option before signing a rent-to-buy agreement. |
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| Buying a Lease (Rent) to Buy Home |
An informative look into what you need to know before you enter into a lease-to-buy (rent-to-buy) agreement for your new home. Learn the definition of a lease-to-own or lease-option agreement, the need for a formal contract, that a lease option is not an obligation to buy and who will pay for taxes, insurance and repairs.
From the resource: "If you're a cash-challenged home buyer, a lease-to-own agreement may be a way to buy a home and accumulate a down payment. A lease-option also gives you a chance to check out the neighborhood and occupy the home before you decide whether you want to buy it." |
| Source: RealEstate.com |
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