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  2. Lease purchase contract - Wikipedia

    en.wikipedia.org/wiki/Lease_purchase_contract

    A Lease-Purchase Contract, also known as a lease purchase agreement or rent-to-own agreement, allows consumers to obtain durable goods [1] or rent-to-own real estate [2] without entering into a standard credit contract. [1] It is a shortened name for a lease with option to purchase contract.

  3. Rent-to-own - Wikipedia

    en.wikipedia.org/wiki/Rent-to-own

    Lease purchase agreement (click to view pages) Rent-to-own, also known as rental purchase or rent-to-buy, is a type of legally documented transaction under which tangible property, such as furniture, consumer electronics, motor vehicles, home appliances, engagement rings, and real property, is leased in exchange for a weekly or monthly payment, with the option to purchase at some point during ...

  4. How to buy a house from a family member - AOL

    www.aol.com/finance/buy-house-family-member...

    Considering that the typical agent commission is 2.5 to 3 percent of a home’s sale price, this can equate to substantial savings: If you agree to purchase the home for $300,000, for example ...

  5. What can a seller do if a homebuyer backs out of the contract?

    www.aol.com/finance/seller-homebuyer-backs...

    A homebuyer can back out of a purchase even after a purchase and sale agreement has been signed. The ramifications of a buyer opting to walk away vary based on how the contract is written and the ...

  6. Real estate contract - Wikipedia

    en.wikipedia.org/wiki/Real_estate_contract

    A real estate contract typically does not convey or transfer ownership of real estate by itself. A different document called a deed is used to convey real estate. In a real estate contract, the type of deed to be used to convey the real estate may be specified, such as a warranty deed or a quitclaim deed. If a deed type is not specifically ...

  7. Mortgage questions to expect from your lender - AOL

    www.aol.com/finance/mortgage-questions-ask...

    Home purchase agreement. What is your employment status and income? If you’ve been steadily working with the same employer or in the same industry for two or more years, this can be an easy ...

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