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Reasons To Buy A Home We came up with our top five reasons why buying a home in the next year could make for a great investment. It actually makes a lot of sense for many people to go ahead and make the leap to homeownership. Rent Is Expensive.

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How Do Rent-to-Own Home Purchases Work? | US News – Rent-to-own arrangements can help those who are building credit or saving for a down payment become homeowners. But they’re not always a good idea. Be cautious if you’re considering a rent-to-own transaction.

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How Rent to Own Works. Option Money: In a rent-to-own agreement, the potential buyer pays the seller a one-time, usually non-refundable lease option fee called option money or option consideration. As with stock options, this gives him or her the opportunity to purchase the house in the future.

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Affordable Housing – RentOwn.net – Why should you Choose Affordable Housing?. Renting affordable housing is one of the best ways to get into your own house. By purchasing or renting an affordable home, you won’t need as large of a deposit to do so, especially when compared to those needed for higher cost properties.

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