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What is the difference between rent to own and buying?

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It is very important to know the difference between owner financing and rent to own. In a rent to own purchase, which can also be called a lease option, lease purchase, lease to own, rent to buy, or the like, you as the buyer, or tenant, have the option to purchase the home at any time during the rental period.
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Buying vs. Leasing a Car (Pros and Cons)



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