naperville: 5 Good Reasons Why Its a Great Time to Buy!
- 04/09/09 02:13 PM
Home Field Realtors, Naperville IL 5 Good Reasons Why Its a Great Time to Buy! If you are on the fence as to whether you should or should not buy this Spring or Summer then read on my friends! 1. Historic LOW Mortgage Rates!!! Not only are rates incredibly low, your rent is bound to go up at some point. Buy now and lock in your home mortgage rate for years to come... 2. When Prices Come Back (and they will), You Will Have Instant Equity! 3. Leverage Your Investment...the cash you have tied up in non-performing assets can do a lot … (0 comments)
naperville: Is a Lease Option Right for Naperville Buyers and Sellers?
- 03/15/09 02:32 PM
Is a Lease Option Agreement Right for You? Visit our website to read more about Lease Option agreements, just click this link...http://www.homefieldrealtors.com/article/view/22095/1/3945/ A Lease Option Agreement provides a renter the opportunity to exercise a "right" to purchase the property at any time during the lease term at a pre-agreed price. In order for the renter to obtain the "Option" to buy in a Lease they must pay an upfront option fee of roughly 1% of the agreed purchase price when they sign the Lease Option Agreement. Monthly rental payments they make during the lease term will be applied to the mortgage principal. Most lease options last for 2-5 years. If the renter decides … (0 comments)
Related Links:
David Field, Coldwell Banker, The Home Field Team Illinois Licensed Real Estate Brokerage
Home Field Realtors, Naperville IL;)
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