Real Estate

Rent to Own home

Too Good to Be True: The Pitfalls of Rent to Own Homes

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Renting a home is cheaper than buying one — this is a mentality that persists among many American adults. It is true: the average rental price in all 50 states in America is at around $500-1,500, while the average monthly housing payment plus mortgage ranges at $1,500-2,500. Homeownership offers financial security, however, making it more attractive than renting for the …

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home equity

How to Make the Most of Your Home’s Equity

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Being a homeowner has the added perk of owning equity, or the market value of your home minus the outstanding mortgage and other bills attached to the property. Home equity increases when the property values of the surrounding also area increases. The most effective way of raising home equity, however, is to pay off your principal and mortgage. The sooner …

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