What is Owner Financing?

July 27, 2018 by Marty Orefice | Financing, Real Estate, Selling

Owner financing is when the seller of a home lends a buyer the money to purchase it. The two parties sign a promissory note, which … Read More

Can You Refinance a Lease Option?

July 6, 2018 by Marty Orefice | Financing, Real Estate, Rent to Own

Refinancing is the process of replacing an old loan with a new loan. Lease-options are not loans. Rather, you’re leasing a property, and you have … Read More

Raising the Appraisal Value

May 28, 2018 by Marty Orefice | Financing, Rent to Own

When you agree to rent to own a property, you and the seller might choose to set a purchase price on the day that you … Read More

Owner Financing Tips for Buyers

February 16, 2018 by Marty Orefice | Financing, Real Estate

When you started out your lease-option, you were on track to qualify for a mortgage within two years. Your credit score was looking good, you … Read More

Saving for a Down Payment: Transportation

February 10, 2018 by Marty Orefice | Financing, Real Estate

In previous articles, we’ve discussed saving for a down payment through budget cuts to food and housing costs. This article discusses saving by cutting the … Read More

15- vs 30-year Mortgages

February 2, 2018 by Marty Orefice | Financing

The majority of people get 30-year mortgages, but in reality, if you can afford a shorter mortgage term, you are better off getting one for … Read More

Owner Financing Tips for Sellers

January 13, 2018 by Marty Orefice | Financing

Sellers will often earn a greater amount of interest by financing a buyer than they could earn by investing in other ventures. Seller-financed deals often … Read More

Saving for a Down Payment: Your Housing Costs

January 5, 2018 by Marty Orefice | Financing, Real Estate

The best way to start saving is to figure out how much you’re spending and create a budget. There are several key factors that go … Read More

Rent Reporting to Credit Bureaus

December 19, 2017 by Marty Orefice | Credit, Financing, Rent to Own

Most buyers who rent to own use their lease term to work on improving their credit; but, did you know that renting to own itself … Read More

Saving for a Down Payment: Your Groceries

December 1, 2017 by Marty Orefice | Credit, Financing

If you were to buy the median-priced home in the United States and pay a 20 percent down payment for a conventional mortgage, you’re looking … Read More

Find Rent to Own Homes in Popular States