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What is renting a house with option to buy?

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What is renting a house with option to buy?

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Answer Randy, The option to buy option takes several different forms. You can set the price and put a little above the normal rent to go to your down payment, or you can get the option to match any offers at the time of sale or you can set the price at the end of the rental term. I suggest you get a real estate lawyer to help with this. I know there are some lawyer experts that might have more details and insight.

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