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
Security Deposit and Option Fee Differences
September 7, 2018 by Marty Orefice | Real Estate, Rent to Own
The rent to own process doesn’t involve a deposit – per say. It involves something similar to a deposit, but that’s not the word for …Read More
What to Do About a Messy Lease-Option Tenant
August 31, 2018 by Marty Orefice | Real Estate, Rent to Own
Normally, landlords expect their tenants to keep their units in good shape. However, when you’re the seller of a rent to own property, you’re caught …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
It’s Harder to Buy a Home in These 10 Cities
August 17, 2018 by Marty Orefice | Real Estate, Rent to Own
Cost-burdened homes are homes where families struggle to afford basic necessities after paying the cost of housing. The percentage of families that are burdened in …Read More
What is a Lease-Option Assignment?
August 3, 2018 by Marty Orefice | Real Estate, Rent to Own
Typically, when circumstances change for buyers and they can no longer purchase the home they lease-optioned, they lose their option fee and any premium payments …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
Should College Students Try Rent to Own?
June 20, 2018 by Marty Orefice | Real Estate, Rent to Own
It’s almost a guarantee that when someone goes off to college, they come back with a boatload of debt. Students who go away to college …Read More
When to Negotiate Your Lease Option
June 5, 2018 by Marty Orefice | Contracts, Real Estate, Rent to Own
Confrontation is not for everyone, and it’s probably best to avoid it whenever possible; but, when it comes to negotiating your lease-option, it could save …Read More
