:) 90% lease purchase defaults. end up just like to rent out.

And the renter will always figure out the scheme so they will not take care the house as she wished.

Beside, she still carry the loan that all responsibilities of loan payment is hers.

The difference, she has $30k in her pocket by refinance.

There is nothing new under the sun. :)

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• The downside risk: -天下无马- ♂ (313 bytes) () 07/15/2010 postreply 07:24:21