Options In Fall 2021 Housing Market The declaration of covid-19 pandemic in early 2020 as a national health emergency forced governments to impose movement restrictions to help contain the spread. This, together with other policies, adversely affected different sectors of the economy, the housing sector included. Many organizations resolved to have their employees work remotely. […]
Let’s face it: It’s tough being an aspiring home buyer right now in the United States real estate market. First, it’s basically a seller’s market which means prices are sky high and competition is at an equally historic level. While there are some programs out there to help buyers, they don’t seem to be equipped […]
Self-Employed Mortgage Guide The myth that the self-employed cannot get a mortgage is wrong. If you are self-employed, you probably already know that it could be a little harder to get a mortgage than someone who works for a large company. If you want to own your own home but think it’s impossible as a […]
Early 2021 Housing Market | Fargo, ND You wouldn’t expect North Dakota’s largest city to be a hub for jobs involving computers and mathematics, but statistics bear this out. Yet Fargo is also the perfect home for service professionals, blue-collar workers, management, and entrepreneurs alike. Home to some 125,000 residents spanning 22 distinct neighborhoods, Fargo […]
How owner-occupied vs non-owner-occupied can affect your financing! Have you ever received a bill that was higher than you anticipated, and when you looked it over you found that there were one or more “additional fees” you were unaware of? It can happen with housing, too. Among all the specialized terminology relating to real estate […]
Why Is Rent To Own Good For Home Builders Sometimes, home builders run into trouble trying to find someone to purchase a home as fast as they want. In this scenario, they could increase the odds of selling if they throw out a Rent-to-own option to people who are looking to purchase one. They might […]
Why is Rent to Own good for Investors? Before we get into the full details of how rent-to-own can be beneficial for you, let’s have a little recap of what Rent-to-own is… Introduction Contrary to the popular misconception, the properties in Rent-to-own investments are not different from everyday traditional homes. The difference lies in the […]
Interactive Mind Map The “mind map” below is an interactive tool. Start with “Have You Tried to Get a Bank Loan” and answer the yes or no questions (click the little dots to expand/minimize each answer). Follow your answers to land on 1 of 4 options: Get a Bank Loan Non-QM Set Your Rent (or […]
5 Lease to Own Problems and Solutions for Home Buyers Today we’re going to talk about the five lease to own (a.k.a rent-to-own) problems, and solutions for home shoppers. The problems with lease to own homes come down to five things in our opinion: 1. Trust 2. Bad Homes 3. The Paperwork 4. Not being […]
Getting Into Your First Rent-To-Own Home? Also known as a lease-to-own or contract for deed, a rent-to-own home allows you to start paying towards the home purchase while you rent. When the lease ends you will have saved up credit that reduces the purchase price. What an exciting feeling to finally own your own home! […]