Guide to Rent-to-Own Houses
In the ever-evolving landscape of home ownership, rent-to-own agreements are an alternative some choose in their endeavor to become homeowners. It is useful for those who may not qualify for mortgages in the traditional sense or those who prefer a more flexible approach to buying a house. Rent-to-own is also known as lease option or lease-to-own and is a contract to rent a property with the option to buy it later, typically within a specified period.
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