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Advantage of Lease to Own Homes
No Credit Qualifying
One of the biggest reasons that people choose to get a lease to own home, is because they have credit issues that prevent them from securing conventional financing. Most lease to own approvals are based strictly on your ability to pay. This makes them very attractive to people who have bad credit but stable income. Potential to Profit from Appreciation Because the purchase price is set up front in a lease to own contract, you know going in what you will be expected to pay for the home. If the home does appreciate during your rental period, you will still only be required to pay the pre-agreed on price. This means that the appreciation goes to you, not the current home owner. Fast Move in Date If you have ever been through the mortgage process, you understand that it can take time and generally speaking involved a great deal of hassle. When you get a lease to own home, the process is much more simple. In fact, if you happen to find a lease to own home that is vacant, you can move in as little as 24 hours. Pet portraits ll Dog portraits |
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