Finding the perfect home is difficult. It seams that you always have to compromise what your dream home is when reality sinks in. If you have an ideal in mind you will pass up some good deals in the process of seeking that elusive dream. I wanted, or thought I wanted, a two story home. …
Lease Option?
If you can’t come up with the down needed for a loan a lease option to buy might work for you. The premise is that the owner leases the property to you and a portion of that lease is set aside for a down payment. If you pull out of the deal that set aside…
Ugly House Opportunity
That ugly house in the nice area that no one wants is an opportunity waiting to happen. If it weren’t ugly it would have sold for market value. Due to the ugly appearance it is priced to sell. This is the beginning of a real fixer upper. Take time to research the area housing values and…
Buy with Contingency
In todays market it is difficult to tie up a new home purchase with a contingency. The idea is that you commit to purchase the new home at an agreed upon price contingent on you existing home selling for a specific price. Sellers are reluctant to take their home off the market while you attempt…