One way that buyers without enough money can get a mortgage is to purchase a home with a lease-purchase agreement. These were very popular during the 1980- and 1990’s.
Usually, the terms of the deal include a lease and an option to buy with part of the rent going toward the down payment. The forced savings helps buyers amass enough to buy the house in the specified time frame, usually three to five years. continue reading…
Every year around this time folks have either just finished filing their federal Income Taxes or are in the process of completing them to meet the deadline which is right around the corner. In light of the recent passing of the Health Care Reform Bill, no one knows for sure what the will mean to your taxes in the future.
One thing is for sure though, since the passing of this law, we will be paying for years to come. For those of you too young to remember I quote the Beatles 1966 Revolver album song, “One thing is for sure though, the Tax Man Cometh”….
When you’re thinking about buying your first home, it’s essential for you to be confident in your decision to buy instead of rent. However, you may not know about the many great reasons to buy a home! Here are just a few of them:
Smart Investment- When you invest in a home, it offers the possibility for appreciation in value. The equity becomes yours when you’re still paying off your mortgage. You even get to live in it while your investment matures. continue reading…
Last summer I was approached by a big box real estate company about joining their “team.” By big box, I mean, one of the major real estate brands you would recognize by national advertising and prominence.
Their selling feature was that they had 300 agents as a part of the office and as a result, there was the power of their yard signs and the national advertising everywhere. continue reading…
