Rent-to-Own Homes: A Way to Make a Home Sale Work
Prairie Eco-Thrifter
NOVEMBER 6, 2011
The rent-purchase agreement allows the buyer to live in the home while paying the seller rent, and the part of the rent goes toward the home’s sale price. If the buyer still can’t get a loan at the end of the rental term, the seller can finance the deal themselves or keep the buyer as tenant.
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