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There is an alternative, however: a rent-to-own agreement, in which you rent a home for a certain amount of time, with the option to buy it before the lease expires.
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Lease-option – Wikipedia – A lease option is a type of contract used in both residential and commercial real estate.. 6.b Another example: A buyer buys the same property and uses his/her own money to rehab and may use rehab money. utilities, taxes, pets, how many occupants, insurance, ability to make modifications to the property, and so on.
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