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What does this verbiage mean in regards to buying a home that is rent to own?
04-28-2014, 06:40 PM
Post: #3
Bob Offline
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It means that you must pay the 1st and last months rent and it is not refundable, that shouldn't be too hard to understand.. The person would have 12 months to decide if the WANT to buy it. That does not mean it has to be paid off in 12 months. At the point the individual decides to purchase it. They would need arrange their down payment and mortgage.
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[] - A Hunch - 04-28-2014, 06:33 PM
[] - Bob - 04-28-2014 06:40 PM

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