Linda East, Renter in High Point, NC

let me understand...1675 to rent or 10000 down to buy?

Asked by Linda East, High Point, NC Fri Mar 8, 2013

This question was asked from http://www.trulia.com/rental/3106553710-Single-Family-Home-H…

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The answer to your question is, both. The owners are asking for a $10,000 down payment and $1675 per month to rent. This is a rent-to-own property, that is why you have both a down payment and a monthly rent amount. The idea with these properties is that you rent for a period of time, 1-2 years, and at the end of that time, you purchase the home. Usually, part of your monthly rent is counted towards your purchase price. A good agent can help you negotiate a deal and walk you through the process. Contact me by clicking "contact" underneath my picture. Feel free to call or email anytime.
0 votes Thank Flag Link Sat Apr 6, 2013
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