The Most Common Rent-to-Own Scams-and How to Not Get Taken for a Fool. On the surface, rent-to-own deals can seem like a great idea. If you have shaky credit or lack sufficient financing, a rent-to-own plan can allow you to work toward homeownership. The premise is simple: You pay monthly rent toward the purchase of the home,
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The rise of Rent-to-Own homes has created a litany of programs that help people get their own home. However, not all Rent-to-Own Home Programs are the same. Some are dubious at best. That is why we have created this site to help people looking for Rent-to-Own Homes.
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Renting a home on a rent-to-own plan, also known as a purchase option or a lease option, means that the renter can choose to buy the home for a predetermined price at the end of the lease, or simply move out. Renting with a lease option can be appealing to buyers who might not otherwise be able to afford a home.
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Generally speaking, lease-to-own homes, or rent-to-own-homes, come with a standard lease that includes a provision that makes it possible for the renter to purchase the property after a few years. There is no standard lease-to-own contract; each one is unique, and the arrangements can be complex.
· Rent 2 Own is not a job it’s a career it’s family it’s home. Everyday you will wake up ready to go to work. It’s a fun family environment. You will be noticed everyday for what you have accomplished only to push you to accomplish your goals harder.