How we bought two homes

The first time we were renting a place in Grifton, NC and my wife gets the opportunity to take a management position for DHL at the RDU airport location. So we loaded up the truck and moved to Beverly.(Some may not get this joke) Well, maybe not quite like that but we had considered moving closer to her new job. Once she started working by the airport, it was taking a huge tole on her body so she began to get a hotel during the week and would come home on the weekends. As you may know, this can be tough on a marriage as well. 

Who loses in a lease to own deal?

Deals are all around us. From the black Friday to cyber Monday, from deals we receive from trinkets on our key chain. I've always wondered what draws us to getting a deal and boy do I love a good deal. Whether you are buying high quality, hormone free, hot dogs around the July the 4th holiday or when you find your new favorite ice cream buy 2 get 3 free. Your brain releases Dopamine and makes you feel like you are on top of the world. Shouldn't you feel this way when you buy a home? . Well, how does the typical "buying of a house" work?  

Benefits of Lease - To - Own

Renting to own your home is an alternative worth considering for many individuals and families that, for whatever reason, are unable to get a loan through the "regular channels". It provides prospective buyers with the opportunity to improve their credit profile and save up for a down payment, while, at the same time, allowing them to take monthly steps towards home  ownership. Most people only purchase one or two houses in their life.

The rent-to-own option allows buyers to get a feel for the house over the contract length (typically 2 to 3 years). Depending on the agreement, a rent-to-own buyer can retain the option either to purchase or not purchase the home at that time. When effectively negotiated, a buyer may make a more informed decision towards when making such a timely and life altering decision. In this article we will discuss some of the key benefits of the rent-to-own option.