A startup called Rhino is hoping to do away with the need for a security deposit on rented homes, with a new technology solution it says benefits both renters and landlords.
Research Shows It Takes More Than a Decade To Save for a Down Payment
First-time buyers have a whole lot of saving to do — possibly more than a decade of saving for a home purchase. It can take, on average, 12.5 years for first-time buyers to save a 20 percent down payment
Lease Options to the Rescue
When sellers give up hope of ever getting their money out of a property, getting them to list a property can be almost impossible. The same is true for marginal buyers who cannot pass stringent credit or down payment stipulations. A lease option agreement is one possible way for the two ends to meet. Putting buyer and seller into a lease option is another task a qualified Realtor can excel at.