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Oct 13th, 2008, 03:22 PM
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Land Contract vs Lease to Own
We have a family member who offered to finance a new home for us. At first, they told us that they would do a straight loan, but they got cold feet, and have now decided to purchase the home (cash) and create a lease to own agreement for us. I could find info on Land Contracts, But very little on Rent to Own or Lease to Own.
What is the difference? Thanks for any help!! Buying in Texas |
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