Top 5 Cities to Get a Job and Lease-Option
October 20, 2018 by Marty Orefice | Financing, Real Estate, Rent to Own
Glassdoor recently released a study about the top cities to find jobs. In these areas, median salaries are strong compared to the median cost of …Read More
Save Money by Shifting Your Mortgage Payment Strategy
October 13, 2018 by Marty Orefice | Financing, Real Estate
When you have a shorter mortgage you pay the bank less money overall. That’s because the less time you owe the bank money, the less …Read More
Chicago First-Time Home Buyer Programs
September 29, 2018 by Marty Orefice | Financing, Real Estate
Down payments are a major obstacle to people purchasing homes. The smaller your down payment is, the larger your monthly mortgage payment will be. More …Read More
What are the Different Types of Closing Costs?
September 23, 2018 by Marty Orefice | Financing, Real Estate
It’s common knowledge that when you buy a home you’ll need to produce a down payment. However, fewer people know about closing costs. When you …Read More
HOA Fees and the Success of Your Lease-Option
August 24, 2018 by Natalie Calvo | Financing, Real Estate, Rent to Own
When you rent to own a property the key factor in success is qualifying for a mortgage at the end of the lease. To do …Read More
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
