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There are many questions associated with rent-to-own agreements. In California, as well as in many other states, the rent-to-own agreement may also be called a lease option or lease purchase. It is an.

In real estate, a rent-to-own arrangement means that a landlord and tenant have agreed that the tenant has the option to purchase the home he is currently renting by a set date. Together, they.

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How Rent-to-own Homes Work | HowStuffWorks – For many, the rent-to-own home may be the best option. Also called a lease-to-own house, the process works similarly to a car lease : Renters pay a certain amount each month to live in the house, and at the end of a set period — generally within three years — they have the option to buy the house.

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Lease-to-Own House Purchases – Mortgage Professor – A lease-to-own house purchase (also "rent-to-own purchase" or "lease purchase") is a lease combined with an option to purchase the property within a specified period, usually 3 years or less, at an agreed-upon price.

current interest rates for home equity loans One option is to borrow against the equity in your home and save on interest. Today’s credit card interest rates hover around 18 percent, making them about three times as expensive as a home equity.

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