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Rent To Own Homes | Rent To Own Home Listings – Rent to Own Homes. Rent to own or rent to own homes — it doesn’t matter how you say it, the same principle applies in all instances. House hunters today want the best of both worlds, feeling out homes in specific neighborhoods without committing 100 percent to buying them.
One investment company is offering these homes on a rent-to-own basis but making the buyer responsible for repairs. These homes turn into a money pit for the consumer. Bottom Line. Rent-to-own homes come with a significant risk to buyers. If the owner of the property gets foreclosed on you’re going to be forced to leave.
In the years leading up to the financial crisis of 2007-08, the rent-to-own model – in which tenants/buyers have an option to purchase the house or condo they’re renting from their landlord/seller- was mostly offered by individual homeowners.
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