2024 Real Estate Shift Show #14 - Rent vs Rent to Own

Real Life Impact Podcast

English - January 25, 2024 13:14 - 1 minute - 1.8 MB - ★★★★★ - 3 ratings
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Most people know what renting is but what is a Rent to Own. Renting to own you normally pay some extra money on top of the payment going toward the purchase of the home. Normally you will have a deadline to purcahse the home by. If you cant get financing by that time you could lose that extra money you paid toward the purchase. So I am very cautious about someone wanting a "Rent to Own" property. Often renting is a better option.