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How to Qualify for Rent to Own – For you to qualify for rent to own, the seller wants to ensure that you will be able to afford rent every month, you can follow through on purchasing the home and you are an honest person who will aim to follow the contract. 1. Income Stability. The seller will want to be sure that you can afford to pay the rent each month.
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Learn the process behind a rent-to-own agreement-also known as a lease-option agreement or a lease-to-own agreement-and how you can use this method as an alternative way to buy a home.
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