Buy, Don't Rent, When You Can Afford the Down Payment
Published Thursday, April 20, 2006 by Money Man Mike | E-mail this post
A buyer benefits from this appreciation because the purchase price of the home is locked in on the day the buyer signed the rent-to-own contract with the seller. * In most agreements, the seller allows a portion of the rent to be applied towards the purchase price, which some lenders consider to be part of the down payment.
Tagged: investment
