rent to own: Lease/Purchase . . . is it right for you? - 03/28/09 11:11 PM
My basic thought on Lease/Purchases is that they are generally not a great idea for buyers.  Here are some specific thoughts on this:
If you seek out a lease/purchase, your selection is limited and you must "settle" on a home that may not really be your dream home. You typically have to put down a substantial deposit, that you generally will lose if you do not complete the purchase at the end of the term. During the time that you are leasing and waiting to purchase, you are typically the one responsible for the upkeep of the property. You very seldom … (1 comments)

 

Tracy McNeil

Vice President, Broker - CRS, ABR

Olive Branch, MS

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