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To: donna

Yep, the vast majority of lease to buy deals go sour. It’s not a good deal to overpay your rent, lose your security deposit (down payment) and often more. You’re better off renting.


44 posted on 09/22/2012 1:28:25 PM PDT by 1010RD (First, Do No Harm)
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To: 1010RD

Years ago I worked in the mortgage loan assumption department of a bank. Assumption as in someone buys your house and assumes the burden of your mortgage loan.

I saw many a heartbroken young couple lose their nest egg in one of these agreements and then the seller just went out and sold the same house again.


47 posted on 09/22/2012 1:39:51 PM PDT by donna (Chick-news: They report on what they love (Obama and movie stars and themselves).)
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