The decision to invest in a home is a big one. To top it off, many home buyers are faced with the difficult decision of where to buy a home. Do you want to live in the city, closer to entertainment and employment options, or do you want a more rural home in the quiet countryside where you can get more space? In this article, we will be discussing the pros and cons of each decision.
If you’ve heard of rent-to-own and it’s benefits, you may wonder when, and if, this type of homeownership is suitable for you. If you’re considering a rent-to-own home, but wondering if a traditional mortgage or less-trendy (but secure) lease-to-own agreement suits you best, read on for our advice on the matter. (more…)
While rent-to-own and seller financing may sound similar at first, they are two very different paths to homeownership. Let’s discuss the differences and pros and cons of each, so you can make a decision that best suits your needs. (more…)
Renting-to-own a home can be both financially and emotionally rewarding. In order to ensure your investment has long-term value, there are some things you need to know about and prepare for prior to signing a lease-to-own contract. Let’s discuss some of the most important things rent-to-own home buyers often overlook:
The rent-to-own industry can be confusing to newcomers looking at this non-traditional path to home-ownership. There are many terms you will run into, such as “rent-to-own” and “lease-to-own” and confusion may arise at the difference between the two. (more…)
Looking for a rent-to-own home can be an exciting experience. While it’s exciting to start picturing yourself in your new home, it’s important you don’t get too caught up in the moment. This is a big decision that can impact you and your family for years to come, so make decisions wisely. The best way to make an informed decision is to ensure you have all the facts and information available to you. You can do this by asking the right questions throughout each stage of the process. (more…)
Are you considering renting-to-own a home? Renting-to-own provides an opportunity for individuals, who may not have otherwise qualified for a mortgage through traditional means, to become homeowners. This means those with less than perfect credit, or down payment troubles, can qualify. As with any large financial investment, however, there are risks. Let’s discuss things you need to know before renting-to-own a home.
Buying a home is not an easy task, and it is very easy to make a mistake or miss a step. For first time home buyers, it is very easy to make mistakes when buying a home. Doing just a little bit of research before buying a home can help to avoid many of the pitfalls and blunders that befall many people when they set out to be homeowners. Know what mistakes to avoid when buying a home can mean the difference between prosperity and possible ruin.
Saving up enough money to buy a home can be challenging for most anyone, but that burden is particularly heavy for first-time homebuyers. Just coming up with the whopping twenty percent down payment. Over half of Americans do not even have one thousand dollars in savings much less fifty to eighty thousand lying around for a down payment.
The good news is you may not necessarily need the full twenty percent down if you are a first-time homebuyer. The average down payment is more around eleven percent, and among buyers under the age of thirty-five, it is even lower at around eight percent. However, even at eight percent in some areas like Los Angeles, San Francisco, or New York City eight percent is can still hover around forty to fifty thousand dollars.
Now is a smart time to lease to own homes in Charlotte, NC. The city of Charlotte is one of the best places in the country for overall job growth and career opportunities. In addition, Charlotte is the second largest banking hub in America behind Wall Street. It is also one of the most romantic cities in America, one of the top cities where Millennials are moving, one of the top craft beer cities, and a quickly growing culinary hotspot. Charlotte’s local slogan “It has a lot.”, is not just fluff.