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Rent-To-Own can be a good option for those who are unable to afford a large upfront payment for a home or other expensive item. It allows individuals to make monthly rental payments while also putting some of that money towards the eventual purchase of the property. This can be especially beneficial for those with less-than-perfect credit, as it provides an opportunity to improve their credit score over time while also working towards owning a property. Additionally, rent-to-own agreements can offer more flexibility than traditional mortgage loans, as they may allow for easier termination of the agreement if circumstances change. Overall, Rent-To-Own can be a good option for those who are unable to afford a large down payment upfront or have difficulty qualifying for a traditional mortgage.
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