HomeRun Homes Purchases HomeRunHomes.com Domain Name

Good Morning All,

   We are glad to announce that after a long and drawn-out bidding war, we have purchased the HomeRunHomes.com Domain Name, and basically, this means that both Lease2Buy.com and HomeRunHomes.com can be used interchangeably to access our website.

   For all of those of you that have yelled at us for not buying it when we first started 9 years ago, the Press Release that has been circulated should explain why !

Please Read Below:

For Immediate Release:

Robert Eisenstein
HomeRun Homes
(631) 676-3609
(631) 574-2420
http://www.Lease2Buy.com

HomeRun Homes Purchases HomeRunHomes.com Domain Name

Lake Ronkonkoma, New York, April 18, 2011 - HomeRun Homes (www.Lease2Buy.com), one of the largest online marketplaces for Rent to Own Homes, has announced that they have won the long bidding process for, and were cleared to purchase, the domain name HomeRunHomes.com.

Clearing up Confusion - Disparity Between Company Name and Domain Name

HomeRun Homes was incorporated in New York State in 2002, by it's CEO & Founder, Robert Eisenstein. Eisenstein purchased the domain name of Lease2Buy.com when they first opened their doors, because, as Eisenstein says, "the keyword terms of rent and own were not available, so we reserved the name with the alternate keywords of lease and buy, thus, lease2buy".

Eisenstein says that one major issue that emerged over time was that fact that when people "hear" the name "HomeRun Homes" they usually just, "add a .com to then end of it and assume that is our website". He says that, "95% of the time, that is the case, but it's that 5% that we also need to accommodate."

The domain name of HomeRunHomes.com was owned by an investment firm and was "parked", which means that it was basically sitting and waiting for offers. Eisenstein says that after a long-bidding war against a few other investors (different investors that were trying to outbid him), the firm paid a, "substantial amount in the after-market for the domain name", which now auto-forwards to Lease2Buy.com, and thus, both Lease2Buy.com and HomeRunHomes.com can be used interchangeably to access the services of HomeRun Homes.

HomeRun Homes, which is approaching their 9th anniversary, if often billed as "The" Rent to Own Homes Marketplace", and the website unites both buyers and sellers of Rent to Own Homes via their classified ads.

For additional information on the topic, "HomeRun Homes Purchases HomeRunHomes.com Domain Name", please visit http://www.Lease2Buy.com

ABOUT HOMERUN HOMES

Founded in 2002, HomeRun Homes is a Centralized Marketplace which helps people Buy or Sell a Rent to Own Home, a Commercial Property, or to offer Home Services nationwide and globally to the thriving Rent to Own market

- END -

Have a Great Week, and Happy Rent-to-Owning !
Regards,
Rob Eisenstein
HomeRun Homes Blog http://blogging.lease2buy.com
HomeRun Homes Website http://www.lease2buy.com

Rent, Buy, Or Rent to Own ?

Hi Folks,

   I Hope you had a safe Halloween with a lot of treats. Please forgive me if my style of writing is a little odd today, as the sugar rush is quite fierce this year. It is the First of November, and any way that I look at it, I am now a year older!

   A few months back, we covered the topic of, "Rent vs. Buy" in a separate post, and a few weeks ago, we followed up on the topic with a post titled, "Revisiting the Rent vs. Buy Debate". Molly Line of FoxNews recently ran a story titled, "Shattered Dreams: To Rent or Buy, That is the Question", of which I thought might be of interest to you.

   In the above-mentioned article, Line asks the question, "...is it really wiser to buy during a time of economic uncertainty? Or is renting a better bargain?". She spoke with some experts who point to the fact that people who are buying now have their financial "house" in order, and it would make sense for them to buy a home. On the other side of the debate, Line points to the positive side of renting, which means, "no property taxes, no upkeep costs, no paying for a new roof or dishwasher."

   Ultimately, there is no fine line that delineates a region of the country where people are just buying or renting...there are just trends (see http://blogging.lease2buy.com/2010/10/revisiting-rent-vs-buy-debate.html). The financial condition of the prospective buyer, the prospective tenant, or the prospective tenant/buyer (in the case of Rent to Own), would seem as if it would override most factors. Do they have a lot of debt? How is their credit? Do they have a job? Do they need a job? Just some food for thought.

   Please send us your comments and suggestions, as they always prove valuable for your fellow readers here.

Have a Great Week, and Happy Rent-to-Owning !
HomeRun Homes Blog http://blogging.lease2buy.com
HomeRun Homes Website http://www.lease2buy.com

Revisiting the Rent vs. Buy Debate

Hi All,
   Happy Columbus Day to you. For those of you who have the day off, congratulations. For those of us working, well, we have to work today!

   Back in June, we covered the much-debated topic of "Rent vs. Buy", and Trulia has released their Rent vs. Buy Index. As Blake Ellis, a staff reporter with CNN Money notes in his article, "Where to buy and where to rent", Trulia is using the following rule to make the Rent vs. Buy determination: If the home price is 15 times higher than the annual rent for a similar property, it is better to rent.

In terms of which cities were mentioned, Ellis cites Trulia's index as follows:

Where to Buy a Home:
Miami, Detroit, Jacksonville, Arlington, Columbus (OH), and Nashville

Where to Rent a Home:
New York, Seattle, Fort Worth, Omaha, Kansas City, and San Diego.

   How do you think Rent to Own fits into the picture? The funny thing is that it could apply to any of these cities, since it is often situation-specific instead of market-specific. Do you Agree? Disagree? Please let us know.

   Do you have any additional recommendations for any other cities not mentioned here? Let us know, as there might be an buyer, renter, realtor, or investor reading this, and we all like to share and help each other.

Have a Great Day, and Happy Rent-to-Owning !!

Rent vs. Buy, Rent to Own, and Eight-Years Strong...

Good Morning Everyone,

It's Wednesday, and we are half-way there !

Quite often, when a prospective buyer or a seller is evaluating whether they should Rent, Buy, or Rent to Own, they need to gather all of the applicable numbers and "crunch" them. If they start out by looking into Renting, they need to tally up the monthly payments, fees, insurance, and any applicable rate increases.

Likewise, for the possibility of buying a home, they have to take into account pricing, down payment, loan amount, interest rate, term, insurance, taxes, maintenance, and potential appreciation. On top of all of this, they need to figure it out over multiple different lengths of time, tax brackets, tax implications, as well as inflation rates. It can be daunting. There is quite a handy little tool over at Trulia, called the "Rent vs. Buy" Calculator, and this free automated program spits out some pretty helpful results. Head on over there and take a look at it today !

Now, based on the results that you come up with, you might lean towards renting a home (or renting out your home), buying a home (or selling your home), or you might chose the hybrid, which is Rent to Own. Whatever you decide, this tool will save you time and help you make your decision.

Since we are on the topic of Rent to Own, and receiving help in the decision-making process, be sure to check out this great article, titled, "Making Rent-to-Own Real Estate Deals Work", by Susan Kuchinskas at FamilyGoesStrong.com. This was a multi-part series of articles on Rent to Own & Lease Options, and this last article discusses some good tips and information.

We were honored to be included in this article as a long-standing resource for Rent to Own Home Listings (They referred to us as , "an eight-year-old online marketplace for rent-to-own deals"). This is an accolade that we are very proud of. We have been around for a long time, and we plan on being around as long as people need a roof over their heads !

Have a Great Week, and Happy Rent-to-Owning !

Baby Boomers and Rent to Own...

Hi Everyone,

We hope you had a great summer-like pre-summer weekend, and welcome back !

There is an important topic that we wanted to touch on, and that is the topic of Baby Boomers, and whether they should Buy, Rent, or Rent to Own. The last two options might strike you as odd - Rent and Rent to Own - but we will explain here.

As the first group of Baby Boomers approaches 65 years of age, the youngest of the Baby Boomers is in their mid-upper 40's. Since we are trained to think about who would normally rent or rent to own a home, we think of people just starting out in life, and looking to either rent for a while before finding a home to buy, or renting to own a property and converting it to a purchase within a specified period of time. However, this can be faulty thinking for a number of reasons, and to make a long story short, the Economy has really blurred these lines. There are plenty of folks out there who were close to retirement, and then they have lost it all, only to start all over again. In these such cases, a Rent to Own would be ideal for them, since they can still pursue the home-ownership option that they lost due to unfortunate occurrences often beyond their control.

I tried not to rant much on this, but we have seen so many people who have been hurt so badly by this economy, that it is absolutely heartbreaking. When you hear a 60 year old couple crying over how they lost their life savings and their home, and they have come to our website looking for a Rent to Own home, it is just painful. It is something that you literally want to cry over. It's days like that where we know that our site is there for people who are in need of finding or selling a Rent to Own Home, and we know that people are finding what they need so they can regain their dignity, pick up the pieces, and carry on with their lives again.


On a much lighter note, we are proud to announce that we have just surpassed 1100 Friends on our Facebook Page (http://www.facebook.com/homerunhomes), 217 Fans on our new Facebook Fan Page (http://www.facebook.com/lease2buy), and are we are now well over 900 Followers on our Twitter Page (http://twitter.com/homerunhomes). We would love to have you as Friends, Fans, and Followers on all of our pages, so be sure to check them out. Please note that our Blog Posts update those sites automatically soon after they are posted.


Have a great week, and Happy Rent-to-Owning !!