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What’s the Solution for Rising Rent Prices? – The latter issue is directly tied to rental prices; if a tenant can barely afford rent, they won’t have much (if any) extra money each month to put toward buying their own home. Fundamental Issues.
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· Learn the process behind a rent-to-own agreement-also known as a lease-option agreement or a lease-to-own agreement-and how you can use this method as an alternative way to buy.
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With rent-to-own, part of your rent goes toward a down payment on the property.. with consumer products like furniture or cars, but it can apply to homes, too.. Rent-to-own, otherwise known as a lease purchase, is a legal.
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Historically, families either needed to build their own homes or rent a home from someone else. While both renting and buying have their own sets of financial advantages, renting does appear to have.
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