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
Can You Rent to Own with No Deposit?
August 10, 2018 by Marty Orefice | Contracts, Rent to Own
Security deposits are not an inherent part of the rent to own arrangement. However, a seller might ask for one as a means of protecting …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
When Your Tenant Pays After a Three-Day Notice
July 20, 2018 by Marty Orefice | Rent to Own
During the lease term of a rent to own deal, the buyer falls under the classification of tenant. Should the buyer pay rent late or …Read More
Can You Evict Rent to Own Tenants?
July 13, 2018 by Marty Orefice | Rent to Own, Selling
In every industry you choose to invest, there will be people who try to game the system. There are parents at daycares who are consistently …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
Charging Lease-Option Tenants a Late Fee
June 29, 2018 by Marty Orefice | Contracts, Rent to Own
Typically, when people consider lease-option contract negotiations they think of five key aspects: purchase price, lease term length, option fee, premium payments and rent payments. …Read More
