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Rent to Own Realtors. Using a realtor for your rent to own deal can offer great benefits. Agents are well versed in real estate so they can effectively communicate opportunities and discern which of those opportunities is a legitimately good deal.
Rent to own homes are those with leases that include either an option to buy or a requirement to buy after a certain period of time. The rental payments include both rent and funds that contribute to a future down payment.It can help you build up your credit score and save for a down payment on the property all at once.
Rent-to-own is when a tenant signs a rental agreement or lease that has an option to buy the house or condo later – usually within three years. The renter’s monthly payments will include rent payments and additional payments that will go towards a down payment for purchasing the home.
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Missouri Rent-to-own is a popular option among prospective homebuyers because it is essentially a neighborhood “test drive.” Under the terms of a Missouri rent-to-own option, you can live in the area you think is the best long-term fit for your situation without getting immediately locked into a 15- or 30-year mortgage commitment.