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How does rent to own work???

Posted by on Apr. 19, 2010 at 8:48 PM
  • 5 Replies

Today I asked my landlords wife (who happend to be a past co worker of mine so we are kinda friends) if her husband would be interested in doing a rent to own.I dont want to move! Neither do my two children.Plus I have a daycare business in this house!She said she would ask and he would probably have to do some research because they dont know how it works.I sure hope he goes for it! Anyways

How does it work???Thanks!

by on Apr. 19, 2010 at 8:48 PM
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Replies (1-5):
lilkgfan
by on Apr. 19, 2010 at 8:50 PM

BUMP!

tigerlillyt7
by on Apr. 19, 2010 at 8:55 PM

bump

MrsNewman
by on Apr. 19, 2010 at 8:56 PM

They give you so long to build your credit and get a loan. 


FooLynRoo
by on Apr. 19, 2010 at 8:58 PM

You pay rent to the owner for a certain set amount of years.

At the end of those years you have the option to buy the house.

Usually rent to own - you pay what they want in rent plus some.. the extra goes towards the downpayment for the sale

Amandaandamy
by on Apr. 19, 2010 at 8:59 PM

BUMP!

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