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Watching: Real estate financing : about rent to own homes
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By: TiogaAdventures. on 21 Apr 11, 19:39:54
Also, many rent-to-own programs with crazy buyout prices that exceed the fair market? price at the conclusion of the lease. Imperative to know the market price of the house at the outset and agree on the terminal price as realistic. If the purchase price exceeds the bank's appraisal when you try to arrange financing, then the difference must comes from your pocket. If you don't have the money, then what?
By: TheodeKasper. on 13 Apr 11, 22:15:54
Very clear & concise explanation about Renting to Own a Home. ?
By: iceman5815. on 27 Dec 10, 07:42:43
With the rent to own program, do u always have to pay more per month than say a traditional loan? What I mean is that with the rent to own program I see a lot of homes asking for more money per/month than it's worth. ?