Tuesday, June 2, 2009

What to Consider When Leasing a Million Dollar Home

(My Original Blog Post: http://ping.fm/tf5Ui)
Leasing a million dollar home is a big decision. You must take into consideration the fact that your monthly payment compared to a traditional mortgage might possibly be higher going this route, however, if you cannot afford the down payment that accompanies a million dollar home, or you have no interest in staying there for the rest of your life, leasing a million dollar home may be a better choice for you. Commonly referred to as lease with option to buy, or lease to purchase, you can fulfill your dream of living in a mansion, without having to put down a sizable down payment that's required when purchasing these types of homes.

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