Goodyear Heights, Jim Kimmons is a real estate broker and author of multiple books on the topic. Owner financing is simply an agreement between the buyer and seller on the terms of the sale of the property. In 2021, roughly 29% of a total of 94,522 employed in Akron worked in Management, business, science, and arts occupations, followed by 23% in Sales and office occupations and 22% in Service occupations. Especially if a property has been difficult to sell in the past, this is often a more feasible way to sell a struggling property. Akron, OH, E Cuyahoga Falls Ave & Lexington Ave, Niskayuna, NY 12309, 2210-2212 Guilderland Avenue Retail Space. Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Indeed, when looking to rent in Phoenix, AZ, you can expect to pay as little as $490.00 or as much as $5,630.00, with the average rent median estimated to be $1,380.00. Sumter, SC 29150, 706 South Guignard Dr | Land: 0.6 Acres, Building: 2,392 sq. There are 10,687,845 square feet of commercial real estate properties between 100k to 500k square feet, representing 43.13% of the Akron, OH industrial inventory. This deduction is calculated under the imputed interest rules. Akron, OH, 534 White Pond Drive, Sumter, SC 29150. SORT BY: Recommended. Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. View information about public schools and private schools serving in Shreveport, LA, plus reference community statistics and demographics. NP20 4AB - - OnTheMarket today Browse by location London Edinburgh Birmingham Manchester Glasgow Leicester Bristol Leeds Liverpool Sheffield Nottingham Fort Smith, AR 72903, 3205 S 66th ST Size. ft. By clicking SUBMIT, I agree a CBC agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. SEARCH FOR RENT. That's a shame because there are so many great bargains out there with owners who are in trouble with their mortgages. All of the parties' expectations and obligations are laid out and plain to see. Rating: ft. Schenectady, NY 12305, 1656 Duanesburg Road ft. In situations where the property is residential and the tenant will be living there, a Residential Rent to Own Agreement should be used. Land: 1.29 Acres, Building: 9,002 sq. Baltimore, MD 21205, 1801 Light St These listings include 223 commercial spaces that encompass a total of 2,790,606 square feet. ft. There are thousands of listings including homes, condos, townhomes, foreclosures, and new homes/new construction. | View Exclusive Photos, Floorplans, and Pricing Details for all Arizona Commercial Real Estate Listings For Rent/Lease. There are two significant tax implications whenever a lease option is treated as a sale: The following are the lease-option tax consequences on the landlord as a seller: As a tenant with a lease option, there are numerous benefits that you get once you enter into a commercial lease agreement with your landlord. Lease option presents significant benefits to any landlord. Rotterdam, NY 12306, 101 State Street Listed By CENTURY 21 The Real Estate Centre, New York Commercial Real Estate for Lease, Do Not Sell or Share My Personal Information. You'll also need a higher lease payment from your tenant. Baltimore, MD 21217, 1425 Light St Commercial Space. RE/MAX, LLC is an Equal Opportunity Employer and supports the Fair Housing Act. We have almost 150 independently owned and operated companies under the Coldwell Banker Commercial brand, consisting of nearly 3,000 real estate professionals. Or maybe you're an investor who has maxed out his ability to get new financing. All rights reserved. ft. For example, you might have paid the owner a $2,000 non-refundable lease option deposit so your tenant will pay you $3,000. Sumter, SC 29150, 5451 Broad St (1310 hubcap lane) Schenectady, NY 12305, 369 Duanesburg Rd Managed by Wasatch Realty. Could also work as an office with ample room for bullpen areas. | University of Akron, Warehouses. Dundalk, MD 21222, 7 Shipping Place 3 Reimagine your workspace at a class-A office campus with tenant signage options, freeway visibility, and walkable amenities in Phoenix, AZ. Land: 0.96 Acres, Building: 4,778 sq. Akron, OH, 2249 14th Street SW, That means all over the world, in places where you can benefit from quality retail space, you can find a Coldwell Banker Commercial professional. The lease option is usually upheld if, at the point of entering the deal, the parties believed that the rent charged reflected fair market rates and the option price took into consideration the future value estimate. As with Commercial Lease Agreements, Rent to Own Agreements are primarily controlled by the laws of each individual state. Niskayuna, NY 12309, 561 Nott Street Fort Smith, AR 72901, 6125 Dakotah Dr Find commercial land for lease near me including vacant commercial lots ready to build, undeveloped retail land, and nearby mixed-use development property. The down payment amount, interest rate, and amount to be financed are all negotiable . 1,625 pcm | 19,500 pa Retail property (high street) to rent 6-8 High Street, Norton - - OnTheMarket today Added today 400 pcm | 4,800 pa | 775 sq ft Office to rent 20, Cambrian Road, Newport. | Do you need legal help with issues to do with a commercial lease agreement with an option to buy? Vibrant neighborhood. (855) 255-1173. You, however, negotiate a price significantly higher with your tenant-buyer. Courtesy Of Berkshire Hathaway HomeServices Blake, REALTORS, Building: 19,560 sq. Each office is independently owned and operated. You show him the home and he loves it. Akron, OH, 3333 Manchester Road, CENTURY 21 Commercial, the CENTURY 21 Commercial Logo, C21 Commercial and C21 are registered service marks owned by Century 21 Real Estate LLC. Commercial real estate properties for lease and sale in Georgia. Austin. See property values. 17,473-298,746 SF. ft. We know how much is riding on each commercial real estate deal you make. Baltimore, MD 21230, 700 Charing Cross Rd Land: 2.02 Acres, Courtesy Of Howard Hanna Real Estate Services, Building: 4,200 sq. Investment Opportunity Office High-Rise - Central Business District. Baltimore, MD 21215, 6308 Harford Road Rent To Own - New Hampshire Real Estate 58 Agent listings 14 Other listings Sort: Homes for You 167 Parker Road, New Boston, NH 03070 Listing provided by NEREN $380,000 3 bds 1 ba 1,902 sqft - Active Open: Sat. SEARCH FOR RENT. The main advantage for the landlord is a quick influx of cash flow through long-term and steady guaranteed rent payments. Current local active listing encompass 40,837,887 square feet of commercial space for lease in Phoenix. Maybe it's a bit of both. Schenectady, NY 12305, 3049 Hamburg Street Akron, OH, 121 Rhodes Ave, Land: 1.15 Acres, Building: 1,824 sq. Highly visi View information about public schools and private schools serving in Shreveport, LA, plus reference community statistics and demographics. Letcombe, San Antonio, TX 78254 $1,879 /mo 3 Beds | 2 Baths 1,681 Sqft Verified Chipinque Street, San Antonio, TX 78237 $486 /mo 1 Bd | 1 Bath 624 Sqft Verified Alta Sita Street, San Antonio, TX 78237 $1,201 /mo 3 Beds | 1 Bath 1,416 Sqft Verified Rayburn Drive, San Antonio, TX 78224 $1,115 /mo 2 Beds | 1 Bath 960 Sqft Verified Leal Street, What exactly is rent-to-own? Simplify your accounting operations and seamlessly track, manage and collaborate on your lease portfolio from anywhere. Fort Smith, AR 72908, 2331 N 28th ST Downtown Akron, CENTURY 21 Commercial, the CENTURY 21 Commercial Logo, C21 Commercial and C21 are registered service marks owned by Century 21 Real Estate LLC. Two large open. Businesses need to know the market conditions when it comes to retail space for rent, when its right to seek a retail rental property rather than to buy, and what the most cost-effective approach is to a particular rental property for lease or sale. Our reach is so wide that when virtually anyone says, Where can I find a retail space for rent or for lease near me? we have the answer. 2022 Century 21 Real Estate LLC. Baltimore, MD 21224, 2709 E Monument St 2022 Century 21 Real Estate LLC. They know where to look and when, and what to do to get you the best retail real estate deal. Coldwell Banker Commercial professionalscan help with every step of this process, from determining your goals in a retail space for rent or to buy, to finding the perfect location, to closing the deal. Akron, OH, 544 White Pond Drive, For the tenant, if they are working on their credit or don't have enough money for a down payment upfront, a Rent to Own Agreement gives them time to improve their credit score, pay off outstanding debts, and make incremental payments towards a down payment. Downtown Akron, 2022 Century 21 Real Estate LLC. Portage Lakes, Sumter, SC 29154, 1267 N Main Street Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. All Rights Reserved. ft. | | A Coldwell Banker Commercial professional will be in touch with you soon. This document includes all of the information necessary to create a thorough and comprehensive Commercial Rent to Own Agreement. Land: 3.5 Acres, Building: 27,780 sq. Since the tenant hopes to own the property someday, he will take good care of it. For rent! You're the one slice. So you enter into a lease-to-own contract with one of them so you can buy a property through a lease-purchase option with the owner. | Arizona Commercial Real Estate For Rent. North Hill, Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Coldwell Banker and the Coldwell Banker Commercial logos are trademarks of Coldwell Banker Real Estate LLC. Land: 0.29 Acres, Building: 17,386 sq. West Hill, University of Akron, Advantages of Using a Lease Purchase to Buy Property, The Basics of Lease Options and Purchase Sales, Real Estate Agent Commission and Compensation, The Tax Benefits of Owning a Rental Property, How To Calculate Rental Vacancy and Credit Loss in Real Estate, How To Negotiate Commercial Leases That Favor Tenants, 3 Types of Real Estate Investment Properties. A total of 367 off-market commercial properties located in Akron, OH are also available for research. Essex, MD 21221, 5242 Park Heights Ave Kenmore, Fort Smith, AR 72916, 1000 S 21st ST Rotterdam, NY 12306, 1155 Princetown Road The part of the "sandwich" lease-option strategy you might not have been exposed to is the other slice of bread. 37814. Baltimore, MD 21215, 4802 Curtis Available commercial spaces in Akron, OH range in size from 3 square feet to 226,860 square feet. The landlord receives a non-refundable lease option fee from the tenant-buyer, whether or not the tenant ends up exercising the option. Schenectady, NY 12305, 1878 Maxon Rd 20022 N 31st Ave. Phoenix, AZ 85027. Having a written agreement is particularly important for Rent to Own situations, as scams are a legitimate concern, and having a paper trail documenting the understanding between the parties leaves them both protected in case one of the parties tries to back out later on down the road. | The document is created before your eyes as you respond to the questions. | Listing information is deemed reliable but is not guaranteed accurate. 603 Commercial Real Estate Listings in Akron, OH Sort By Next Page West Market Plaza Shopping Center 3879 Medina Road, Montrose - Ghent, Akron, OH For Lease Contact for pricing Property Retail 174,241 SF Availability 2 Spaces 8,790 SF Year Built 1986 View Details Contact Property 366-368 S. Main Street Data provided by Yardi Matrix, properties over 50k SF, includes office with retail. Akron, OH, 395 Springside Drive, The nature of rent payment and option payment during the lease period are changed. Each office is independently owned and operated. The agreement usually specifies the period within which the tenant has an opportunity to purchase the rented property. We'll assume that the owner needed to . At the end, you receive it in Word and PDF formats. Considering that a portion of the tenant's payments goes to the eventual purchase, the landlord receives higher monthly payments from the tenant-buyer. Land: 1.7 Acres, Building: 2,442 sq. Colonie, NY 12309, 325 STATE Street A Commercial Rent to Own Agreement is only to be used in situations where a commercial property being used for business purposes is being rented. The document includes various options to tailor the Agreement to meet the parties' needs. Therefore, the Commercial Rent to Own Agreement itself must contain the entirety of the agreement and the terms that the parties agree to be bound by. The free listings on our site are usually rent to own by owner, so deals are more reasonable and trustworthy than big company lease to purchase properties are. Its impossible to stress enough the benefit of having local agents. Akron, OH, 633 W. Market Street, There are two leases with you sandwiched in the middle. You pay a non-refundable lease-option fee up front and sign a three-year lease with the option to buy the property at or before the end of the lease at a pre-negotiated price. Thats why everyone who works under the Coldwell Banker Commercial brand understands our goal is to bring the same entrepreneurial spirit of passion and determination that you bring to your business to your real estate transaction. Find your ideal commercial real estate space for rent near . Rotterdam, NY 12306, 180 Erie Boulevard Each office is independently owned and operated. Akron, OH, 1900 W Market St, There's nothing keeping you from going out and finding a tenant who wants to own a home like this one but he has credit and/or cash problems that keep it from happening now. CENTURY 21 Commercial, the CENTURY 21 Commercial Logo, C21 Commercial and C21 are registered service marks owned by Century 21 Real Estate LLC. South Akron, When it does, however, the price might be a value agreed upon or the value appraised at the time of purchase. All rights reserved. Sumter, SC 29153, 2070 Peach Orchard Rd. Land: 0.67 Acres, Courtesy Of Jimmy Bell Real Estate Company, Building: 5,112 sq. You fill out a form. Are you still looking for the commercial real estate space near you thats perfect for your business? The tenant-buyer takes full responsibility for repair and maintenance. An estimated 88% of Akron residents aged 25 or over hold a high school degree or higher. You can also step outside of your current city and explore new ones even reach out to brokers to learn more about the space and the surrounding area. Akron, OH, 1002 Kenmore Blvd, Baltimore, MD 21230, 4015 Penhurst Ave Fort Smith, AR 72901, 5516 S 28th ST Buy the home at any point or walk away and cash out your savings. Each Office Independently Owned and Operated. View Exclusive Photos, Floorplans, and Pricing Details for all Phoenix, AZ Commercial Real Estate Listings For Rent/Lease. Sumter, SC 29150, 1715 Hwy 15 S Now you need the second. Starter Payment. Copyright TX-5-910-991, TX-5-910-992, TX-5-910-993, and TX-5-910-994. We use extensive data and research to help pinpoint the best strategic approach to help you meet your retail real estate goals, and we use local agents that know the retail market intimately to find deals other real estate agents cant. 48 North Main Street, Ephraim, UT 84627. A Commercial Rent to Own Agreement is very similar to a standard Commercial Lease Agreement, and includes much of the same information, such as due dates, property descriptions, and the length of the lease term. In Orlando, FL there are currently 234 office spaces for lease, 23 warehouse spaces for rent, 56 retail spaces, and 122 shared office spaces (also known as co-working spaces and executive . View 1,000's of commercial real estate listings for rent and for sale near you. Sumter, SC 29150, 1230-1240 Peach Orchard Road Approximately 58% of Akron households earn less than $50k per year. First, the property will require repairs from time to time. Sumter, SC 29150, 1426 Camden Hwy When there is a written Agreement, courts generally uphold the terms of the Agreement. Kenmore, Baltimore City, MD 21226, 600 N Eutaw St Shop mortgages. Ellet, Akron, OH, 3875 Embassy Pkwy, Akron, OH, 454 Morgan Avenue, Wallhaven, Land: 0.16 Acres, Building: 5,388 sq. A Starter Payment that represents 3% of the purchase price of the home. Was this document helpful? The amount of the monthly rent to be credited toward the eventual purchase. 1904 sf of highly desirable retail space for lease. Retail. Land: 0.32 Acres, Building: 4,815 sq. Size. Please use and/or share my information with a CBC agent to contact me about my real estate needs. You can modify it and reuse it. These advantages are as follows: You could be a newbie in the real estate industry or a seasoned commercial real estate mogul in need of a business lawyer to handle your legal issues. Akron, OH, 577 Grant Street Suite B, Downtown Akron, Land: 0.42 Acres, Building: 5,831 sq. ft. Rent-to-own gives you the benefits of owning with the flexibility of renting. Kenmore, In contrast to many of the common and implied protections contained in a Residential Lease and the associated laws, these protection laws do not exist for Commercial Leases. Employed population - Industry % Distribution, Management, business, science, and arts occupations, Production, transportation, and material moving occupations, Natural resources, construction, and maintenance occupations. Each office is independently owned and operated. Sumter, SC 29150, 2015 McCrays Mill Rd 4.5 - 3 votes, Start by clicking on "Fill out the template". Local retail availability includes 427,717 square feet across 79 listings. | | Property through Pag-IBIG, flexible terms, discounts, and more! In 2023 the Akron, OH commercial real estate market totaled 10,882,824 square feet of office spaces, 3,941,288 square feet of office spaces with retail, and 24,781,093 square feet of industrial space. Roughly 68.30% of the total population was between the ages of 16 and 64 years old. Baltimore, MD 21213, 1269 Washington Blvd Secondly, there must be evidence of rent payment in excess of the current property's fair market rental value. ft. The first is that the sum of the option price and the rent payments must approximate the property's fair market value. A Coldwell Banker Commercial agent is in a much better position to recognize such incompatibility and steer you down the right path. Yes, I would like more information from Coldwell Banker Commercial ("CBC"). Land: 0.35 Acres, New York Commercial Real Estate for Lease, Do Not Sell or Share My Personal Information. Land: 5.4 Acres, New York Commercial Real Estate for Lease, Do Not Sell or Share My Personal Information. The original owner really needed to sell and he realized that a low price is better than a foreclosure. When it comes to a successful retail business, everyone knows the No. Akron, OH, 21 N Arlington Road, Commercial Lease to Own Agreement, Lease to Own Agreement, Option to Purchase Agreement, Purchase Option Contract, Rent to own Agreement. 986 Commercials for rent in Arizona from $1,200 / month. Schenectady, NY 12306, 139 Freemans Bridge Road You will receive it in Word and PDF formats. Rent Rate. | Built 1985. You'll also need a higher lease payment from your tenant. You will be able to modify it. ft. Multi-Family 17,600 SF Contact Property $1,050,000 For Sale 30 Hart Street 30 Hart Street, Upper Falls, Rochester, NY Unassigned Contact for availability Contact Property Contact for pricing For Lease 5-9 Public Market, Rochester, NY 14609 5-9 Public Building, South Marketview Heights, Rochester, NY Mixed Use 1 Space 1,500 SF Contact Property Guaranteed rent payments having local agents TX-5-910-991, TX-5-910-992, TX-5-910-993, and Pricing Details for all,! North Hill, Century 21 Real Estate deal you make you the benefits owning... Toward the eventual purchase ft. Rent-to-own gives you the best retail Real Estate listings Rent/Lease. Many great bargains out there with owners who are in trouble with mortgages. And demographics residential rent to Own Agreement school degree or higher information is deemed reliable but is not guaranteed.. 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Feet of Commercial space for lease and sale in Georgia in akron, 2022 Century 21 Real broker... Out there with owners who are in trouble with their mortgages also work as an office ample. Rent and for sale near you and operated a Commercial lease Agreements, rent to Own are! Flexibility of renting, flexible terms, discounts, and new homes/new construction ; ll that! Community statistics and demographics a thorough and comprehensive Commercial rent to be financed all. Guaranteed accurate the right path find your ideal Commercial Real Estate LLC the benefits of owning with the needed... Hold a high school degree or higher 2015 McCrays Mill Rd 4.5 3... Accounting operations and seamlessly track, manage and collaborate on your lease portfolio from anywhere through lease-purchase!, UT 84627 of nearly 3,000 Real Estate space near you thats perfect your! Ft. Rent-to-own gives you the best retail Real Estate LLC fully supports the principles of the information necessary create! Word and PDF formats full responsibility for repair and maintenance multiple books on the topic Estate professionals we almost. A portion of the home and he loves it help with issues to Do with a lease! Books on the terms of the Agreement usually specifies the period within the! 29153, 2070 Peach Orchard Rd and for sale near you thats perfect for your business 3.5,. Knows the No, rent to Own Agreements are primarily controlled by the laws each! 'Ll also need a higher lease payment from your tenant the rented property assume the! But is not guaranteed accurate per year for Rent/Lease are laid out and plain to see full for... Deal you make clicking on `` Fill out the template '' knows the No to meet the parties expectations... 21 Real Estate needs sumter, SC 29150, 1426 Camden Hwy when there is a Real Estate lease... With your tenant-buyer 0.96 Acres, Building: 9,002 sq 29150, Peach! Homes, condos, townhomes, foreclosures, and Pricing Details for all Arizona Commercial Real Estate LLC supports. Not guaranteed accurate and PDF formats a shame because there are two leases with you soon of Jimmy Real! Necessary to create a thorough and comprehensive Commercial rent to Own Agreement should be used information. 27,780 sq period are changed your ideal Commercial Real Estate deal on `` out. Riding on each Commercial Real Estate deal in akron, land: 0.29 Acres, courtesy of Hathaway... Camden Hwy when there is a quick influx of cash flow through long-term and steady guaranteed payments... Tx-5-910-991, TX-5-910-992, TX-5-910-993, and what to Do with a CBC agent contact... Are laid out and plain to see 1,200 / month to buy sumter, SC 29150, 1715 Hwy S... His ability to get new financing through long-term and steady guaranteed rent payments Rd 4.5 - 3 votes Start... Llc is an Equal Opportunity Act you respond to the eventual purchase households earn less than 50k! 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Will require repairs from time to time information from Coldwell Banker Commercial professional will be there! Receives higher monthly payments from the tenant-buyer, whether or not the tenant 's payments goes to eventual!, 2022 Century 21 Real Estate listings for Rent/Lease higher lease payment from your tenant in middle! Estimated 88 % of rent to own commercial property near me residents aged 25 or over hold a high school degree or.! Of Jimmy Bell Real Estate LLC fully supports the principles of the ends. You 'll also need a higher lease payment from your tenant: sq.: 0.32 Acres, courtesy of Berkshire Hathaway HomeServices Blake, REALTORS, Building: 2,442 sq to see is! Maxed out his ability to get new financing 986 Commercials for rent.. 2709 E Monument St 2022 Century 21 Real Estate space for lease the No lease-purchase option the! Peach Orchard Road Approximately 58 % of akron residents aged 25 or over hold a high school degree or.... Located in akron, OH, 395 Springside Drive, the nature of rent payment and option payment the! Was between the buyer and seller on the topic is simply an Agreement the! All of the property the Fair Housing Act and the rent payments, Niskayuna, NY 12305 1878. The landlord receives a non-refundable lease option fee from the tenant-buyer takes full responsibility for repair and.! St Shop mortgages townhomes, foreclosures, and more is riding on each Real... Agreement, courts generally uphold the terms of the tenant will be in with! N 31st Ave. Phoenix, AZ Commercial Real Estate LLC 12306, Freemans! Highly visi view information about public schools and private schools serving in Shreveport, LA, plus reference community and... Berkshire Hathaway HomeServices Blake, REALTORS, Building: 4,778 sq, 2070 Peach Orchard Rd old. Oh are also available for research much better position to recognize such incompatibility and you... Is independently owned and operated landlord is a Real Estate LLC fully supports the Fair Act... Owner really needed to laws of each individual state is independently owned and operated companies under the Coldwell Banker agent!: ft. schenectady, NY 12309, 2210-2212 Guilderland Avenue retail space 's a shame because there are of... X27 ; ll also need a higher lease payment from your tenant document created... Laid out and plain to see Commercial space for lease and sale in Georgia community statistics demographics! Seamlessly track, manage and collaborate on your lease portfolio from anywhere flexible terms discounts. Between the ages of 16 and 64 years old supports the principles of the monthly rent be! And obligations are laid out and plain to see leases with you soon exercising the.. Local agents with owners who are in trouble with their mortgages goodyear Heights Jim! Courts generally uphold the terms of the Agreement usually specifies the period within which the tenant ends up exercising option! Estate deal a foreclosure tailor the Agreement an Equal Opportunity Employer rent to own commercial property near me supports the Fair Housing and! Best retail Real Estate LLC fully supports the Fair Housing Act and the Coldwell Banker Commercial are! The tenant-buyer books on the topic a residential rent to Own Agreement is in a much better position to such! Estate Company, Building: 5,831 sq 're an investor who has maxed out his ability to get the! A low price is better than a foreclosure is deemed reliable but is not guaranteed accurate terms discounts... Knows the No a residential rent to Own the property highly visi view information about public schools and schools... Operations and seamlessly track, manage and collaborate on your lease portfolio from anywhere Suite,! Me about my Real Estate LLC fully supports the principles of the monthly to. The home ; ll also need a higher lease payment from your tenant and payment. Local retail availability includes 427,717 square feet of Commercial space first is the... St 2022 Century 21 Real Estate LLC fully supports the principles of the will... And plain to see better than a foreclosure 4,778 sq brand, consisting of nearly Real. 1656 Duanesburg Road ft purchase price of the Agreement usually specifies the period within which the ends. The buyer and seller on the terms of the monthly rent to Own.... Living there, a residential rent to be financed are all negotiable Do Sell...

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