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Why does RTO differ from renting?

April 26, 2017differ renting RTO

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Why does RTO differ from renting?

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Unlike renting, your deposit will go towards your down payment at the end of your lease term (when you purchase the property). In addition a portion of your rent will be credited back to you at the time that you purchase the home, so long as it is with in the contracted time frame.If you default, and do not purchase the property at the end of your lease term NO MONEY will be credited back to you, as stated in the RTO agreement.