Rent-to-own agreements: Customer characteristics and contract outcomes. J Econ Bus 61(1): 51-69.Anderson MH, Jaggia S (2009) Rent-to-own agreements: customer characteristics and contract outcomes. J Econ Bus 61(1):51-69Anderson, M. H. & Jaggia, S. (2009). Rent-to-own agreements:...
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Home value drops:If you have a rent-to-own contract where your lease is for an extended period of time, there's no way to know what the housing market will do during that time. If the purchase price reflected inflated prices when the contract was created, you could end up paying more ...
Where we need to collect Personal Information by law or under the terms of a contract we have with you and you fail to provide that information when requested, we may not be able to perform the contract we have or are trying to enter into with you. In this case, we may have to canc...
Rent-to-own deals let a buyer rent the home for a time before committing to the purchase. Whether the deal is a lease option or lease purchase agreement affects the level of commitment. Both buyer and seller must watch out for risks that come with this type of arrangement. What if renti...
Once a land contract or rent-to-own contract is signed, both buyer and seller agree to certain payment terms and living conditions, even though the potential for future problems exists, according to RealEstate ABC. Once a buyer moves into a home, he is free to make any additions or renova...
Under a rent-to-own agreement, the monthly rent payment would typically include an additional payment that will go toward a down payment for purchasing the home. The lease contract states the tenant's rental payment, how much of the rental payments accrue toward a down payment, and the purcha...
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Entering into a rent-to-own agreement typically means signing a formal legal contract. The contract should specify the terms of the agreement and whether you're obligated to buy the home or simply have the option to do so. There are several key pieces of information that a rent-to-own agr...