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Edit Rent To Own Agreement

Edit Rent To Own Agreement

Aug 6th, 2022

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How to Edit Rent To Own Agreement

5 out of 5

45 votes

In this tutorial, the speaker discusses the potential pitfalls of rent-to-own agreements. As a lender, they advise against participating in such arrangements due to their frequent complications. They highlight that these deals are often marketed to individuals with poor credit, presenting an enticing opportunity to eventually own a home. However, the speaker stresses that problems can arise, even with legitimate sellers. One major concern is the risk of encountering fraud, as some may attempt rent-to-own scams. The speaker emphasizes the importance of due diligence and understanding the terms, especially regarding how rental payments are applied towards a future down payment.

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