At that point, the bank is buying the house, they’re just renting it to you for a very cheap rate, with the stipulation that you’re responsible for all of the maintenance and etc. The “purchase” is just you entering into a long-term rental agreement.
At that point, the bank is buying the house, they’re just renting it to you for a very cheap rate, with the stipulation that you’re responsible for all of the maintenance and etc. The “purchase” is just you entering into a long-term rental agreement.
Without the benefit of renting. Hell don’t forget home insurance.