What Is Rent To Own? A lease to own home deal combines a rental lease with an option to buy the house within a specified time period. These agreements differ by locations and individual agreements. Since the current economy has put many thousands of families out of their homes, and also made it much...
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Posts Tagged ‘ mortgages ’
Rent To Own Home Scams – Renters Beware
Better Buy Your Mansion Quick!
No More Easy Financing For High Value Houses (At Least) Actually, the title of this post is a bit misleading. If you live in rural or lower home value part of the US, a $700,000 house may seem like a palace. In other parts of the US, like California, New York, New Jersey, Connecticut...
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Does It Still Make Sense To Refinance Home Mortgages
Can You Still Save Money With A Mortgage Refinance Deal? Well, the mortgage boom has come and gone. However, with decent credit, you may still have an opportunity to secure a cheaper rate and save some money in the long fun. If you are not sure if you should do it or not, the...
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30 Year Mortgage RIP?
Why Do People Over 50 Care About 30 Year Mortgages Anyway? When I started to develop this article, I got some interesting feedback. My coworkers wondered if many people over age 50 would consider a 30 year mortgage anyway. After all, if you are 55 when you take out a 30 year mortgage, it...
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Biggest US Tax Break Kinder to Higher Income People
US Mortgage Deductions Are Friendlier to Wealthy People With all of this talk of tea parties and high income taxes, I think it is time for a reality check. No, it is not time for a reality check, but it is well past time for a reality check! Some of the US tax breaks...
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Should you Buy or Rent a Home?
Are you Thinking About Buying a Home? Like many people over 50, I have been a renter and an owner. I am here to tell you that both have advantages and disadvantages. When you rent, you may feel as if you give up some freedom, privacy, and pride of ownership. On the other hand,...
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