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Lease-to-Own House Purchases – Mortgage Professor – A lease-to-own house purchase (also "rent-to-own purchase" or "lease purchase") is a lease combined with an option to purchase the property within a specified period, usually 3 years or less, at an agreed-upon price.

6 Creative Financing Solutions For Your Next Home Purchase – A typical rent-to-own deal has you renting the house for one to three. Called a private mortgage, this type of loan works the same way as a.

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