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13+ Unique Rent To Buy Cabins : Welcome to Balestrand - the pearl by the Sognefjord : With so many options, what should you consider?. For most people looking to get a house, taking out a mortgage and buying the property directly is their path to homeownership. There seems to be an ongoing debate; Paying rent late can result in costly late fees or even the end of your tenancy. You'll need a good credit score, money for a down paym. It's definitely an exciting prospect — you'll have your own space that you'll get to decorate and, most importantly, call your own.