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XNET Real Estate Directory
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Everyone needs a place to live. Traditionally, here in Australia, that statement has meant that you simply had one of two choices - rent a place or own one. However, there is now a third option available to you known as rent to own.
What is rent to own?
Typically you either own your home, or at least pay a mortgage payment on it each month as you are paying off your loan from the bank, or you pay your landlord rent on their property that they themselves own. In the first scenario, you ...
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Residential real estate is bought, sold and rented. Combining the three, the "lease purchase" or "rent to own" transaction becomes a winning triple play. Buyers, sellers and professionals all win.
Though old and worn, a cliché or two is appropriate for the rent to own transaction:
*"The best negotiation is a Win-Win negotiation."*"What's in it for me? ''
Simply, all principals win in a lease purchase transaction. There is something in it for every participant.
The ...
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There are many economic and market forecasts and predictions, however the bottom line is if you want to buy your first home—there is no wrong time. There is because the motivation to buy is not determined by regional market conditions or by location.
Industry opinions, economic reports and investor speculation do not sway or predict when a particular individual will be ready to buy. For the great majority of folks, the most compelling reasons to buy a home are based on individual ...
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