HomeRun Homes Rent to Own Homes Blog

My photo

HomeRun Homes is a centralized marketplace which helps people Find or Sell a Rent to Own Home, both Nationwide and Globally to the thriving Rent to Own Market. http://www.lease2buy.com
Showing posts with label lease option. Show all posts
Showing posts with label lease option. Show all posts

January 31, 2012

Use A Mortgage, Rent It, Or Use Other Options

Hi Folks,
   Thanks for joining me here. I am so glad to write for you! OK, I promise not to corny.

   Over and over we hear that it is tough to get a mortgage. If you can't get a mortgage, what are some other options. What if you want a home, but don't want a mortgage?

   "It’s getting more and more difficult to qualify for a traditional mortgage", writes CA Hagy in an article titled, "Three Alternatives to a Traditional Mortgage". What are some reasons why you might be declined? Hagy names a few possible reasons, i.e. a foreclosure in your past, inability to prove a "decent cash flow", and self employment resulting in "irregular income?".

   If you fall into one of the categories mentioned above, you're not alone. Hady points out a few mortgage alternatives that might help you meet your goal(s).

   One option is to go the route of "Seller Financing", in which the "current homeowner offers to sell you the house", and you make payments to them but "they continue to hold the note until you have paid off the home". Hagy says that for a homeowner that cannot find buyers due to the tight lending situation. Seller Financing may be a "feasible option". The seller basically becomes the lender, and an agreement is drawn up with the full details of the transaction.

   "Borrowing from a Self-Directed IRA", writes Nagy, is "typically designed for investors who want to buy a home but don’t have the upfront cash to make it happen". As defined in the article by Nagy, "A self-directed IRA is somewhat like a Roth IRA or a traditional IRA", however, it's more flexible, For example, the IRA can invest in real estate, etc, but the "main catch", as Nagy calls it, that the IRS "does not allow you to use your own account or the account of a relative or business partner", thus, you "cannot use your own self-directed IRA to purchase a home. But you can use the money from another person’s self-directed IRA if they are not related to you". Confused? Nagy says that there are many investors "who will allow buyers to use money from their self-directed IRAs as an investment deal", and the investor would "own an interest in the property", or, the investor can simply "loan the money like a regular mortgage".

   The other option, "Leasing or Rent to Own", is something you might be quite familiar with, especially if you are a frequent visitor on our website. In a nutshell, the buyer can rent a home before actually purchasing it. The rent to own arrangement, which is also referred to as lease to buy, lease to own or a lease option, is one in which the buyer has an option to buy the home at a specified price within a specified period of time. This option would also benefit a seller unable to find qualified buyers, and would certainly benefit buyers who need time to save for a down payment and to "improve their credit score", says Hagy.

   Let's stay on the topic of Renting and Owning for a moment.

   "Sometimes it is better to rent than to own", writes Leah Ingram, in her article, "Rent or Own a Home?", who admits that "in today's real estate market it's not surprising if people are a bit gun shy about buying or owning a home." and she provides 3 tips to help you decide on renting vs buying.

   Ask your self; Do you have documented income, a good credit history, and a steady income? These are some important items to have in order to buy a home, in the first of three tips, courtesy of Jessica Edwards of Coldwell Banker Real Estate, within the article from Ingram. Edwards adds that if your income is unreliable, "getting tied down to a mortgage may not make the most sense financially".

   The next tip is to make a "timeline" of how long you will stay in the home; if it's just for a couple of years, you are "less likely to see a significant financial return on your investment", says Edwards, and says that if you stay under 2 years and sell it, "you may find yourself having to pay capital gains taxes".

   "Crunch the numbers", says Edwards, in her third tip. Add up the mortgage payments real estate taxes, insurance payments, maintenance costs, etc. and compare these costs of ownership vs. the cost of renting (monthly rent and average utilities).

   Ingram says that "buying doesn't always make sense and neither does renting", and suggests speaking with a "real estate expert, your tax person, and a financial professional" before deciding to rent versus buy a home.

What are your thoughts? We'd love to hear.


Would You Like Our Blog Posts Sent Directly to your E-mail? Here's How:
1. Locate the "Follow this Blog by Email" box on the Right Side of your Screen.
2. Type your E-mail address in the box, and click "Submit"
3. Check Your E-mail and Confirm Your Subscription...it's That Simple !

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

TAGS: #traditionalmortgage #foreclosure #SellerFinancing #homeowner #SelfDirectedIRA #IRS #Tax #RealEstate #RenttoOwn #leasetobuy #leasetoown #leaseoption #capitalgains

July 14, 2011

Rent To Own In Hong Kong?

Morning Folks,

   I'd like to wish everyone a Happy Half Day. "Half Day", you ask? Yes, since I admit that I am a "hater of Summer", from June 1 - the end of August is 92 days. Half way is July 16th (Saturday)...thus, "Happy Half Day".

   In previous discussions, we spoke about the Global spread of "Rent to Own" as am option to buy or sell a home. Rent to Own is gaining further popularity in the USA, Canada, Australia, the Philippines, and multiple different countries. As we spoke about in our post titled, "It's Still Rent to Own to Me", we touched on the different names that are used when discussing Rent to Own (Lease Option, Option to Buy, etc), but they are all roughly equivalent to the same arrangement.

   Now, let's add Hong Kong to the mix. In a recent story by Bonnie Chen in The Standard in Hong Kong ("Greenbelt conversion on cards in drive to boost flats"), Chen discusses a recent initiative to develop more residential space across the country. Part of this initiative involves a list of potential sites that needs to be submitted, "to the chief executive's office by September", "according to a source."

   The interesting fact here, is that the Chief Executive Donald Tsang Yam-kuen, in a speech last year, announced the "My Home Purchase Plan" (also known as rent-to-own), with the, "first 5,000 units to be completed by the Housing Society in 2013. ". This is just one piece of Rent to Own in that part of the world. China is an incredibly huge market, and one that we look forward to becoming an integral part of in the upcoming months.

   Regarding Rent to Own in China and the China Housing Market, we will be taking a closer look at these in a Blog Post in the next few weeks, so keep an eye on our Blog.

What are your thoughts on China and Rent to Own?
Happy Half Day !!


PSSSST...
Did you know that you can be notified by E-mail when our new posts are available?


HOW?
Just type your E-mail address in the little box on the right side of this page, titled:


"SUBSCRIBE: Receive Our Blog Posts By E-Mail !"

Remember to check your E-mail to confirm your subscription !


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

TAGS: #renttoown #hongkong #china #australia #leaseoption

June 5, 2011

Selling a Home via Rent to Own

Hi Folks,

   Glad to welcome you back.

   We have some great topics ahead this week, and since we are headed into the summer, we wanted to make you aware once again of the invitation that we extended back in early April.

   In the interest of making this a "Non" Sales Pitch offer, I do recognize the fact that it can be taken by many as a sales pitch. On the flip side, if you read this carefully, you'll see that it is not (and is actually pretty cool!).

   Occasionally, we have more Buyers than Sellers of Rent to Own Homes placing Ads, and that creates a gap in favor of one type of Ad vs. another type of Ad. That being said, we currently have a temporarily disproportionate amount of Homes Wanted Ads (Buyers) vs Homes Available Ads (Sellers), and we would like to close that gap.

   In order to do so, we are extending to you, the readers of this Blog, an opportunity to list your Rent to Own Home for a period of 3-Months, at no charge (normally $16.99 for 3-Months). No entering credit card info, no payments...just listing your home. I'm going to run this offer through the end of June, or once the gap is closed...whichever comes first.

How Do You Get your Free 3-Month Ad listing your Home?

STEP 1:
Send an E-mail to me at homebuyer@lease2buy.com with the Subject; "BLOG - MY HOME FOR RENT TO OWN"

STEP 2:
We'll set up a Username and Password for you so you can log in, create your Ad, upload photos, etc.


So, To Recap...

The benefit for you - a free Ad listing your home.
The benefit for me - closing the gap between types of Ads as mentioned above.

I look forward to receiving your E-mails and seeing your homes on our website,

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

April 1, 2011

An Offer for Those Selling a Home via Rent to Own

Hi All,
   Happy April Fool's Day. What we are going to discuss today is not a joke, and there is no fooling.

   We want to make this Blog Post as non-pitchy and "non-salesy" as possible, since I feel that the following can certainly be construed as sales-pitch material by most, however, if you read it thoroughly, you will see that it is certainly not.

   As most of you know, our business consists of buyers, sellers, and service providers listing their homes, requests for a home, or their services, on our website, for a highly-competitive price (which pales in comparison to the volume of people that see their Ad and the quality/qualifications of these visitors.

   We have very recently experienced perhaps a temporarily disproportionate amount of Ads from Buyers ("Homes Wanted") vs Ads from Sellers ("Homes Available"), and we are looking to close this gap. In order to beef up our inventory of Homes/Sellers, we are offering free 3-Month Ads to anyone looking to Rent to Own/LeaseOption/Lease Purchase their home (or homes, if you have more than one).

   We are looking to run this for a little while, until we close the gap. I'm trying to be as honest and up-front about this, and if you like our website, then tell a friend (we like that!).

   I made the Two-Step process pretty simple, and if you want to list your Home for free with no strings attached (except a referral, perhaps?), here is what you need to do:

STEP 1:
E-mail us at homebuyer@lease2buy.com and use the Subject Line "BLOG - MY HOME FOR RENT TO OWN"

STEP 2:
Next, we will reply to you with a Username and Password - and then you can log in and create your Ad, upload photos, etc.

   We are trying to make it as simple as possible for you. I look forward to seeing your homes on our website, and we appreciate your time.

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

December 22, 2010

Holiday Wishes From HomeRun Homes

Hi Everyone,

   Hope your week is going smoothly. At this time, you may very well have visions of sugar plums dancing in your head, so I will make this short and sweet today !

   I just want to take this time to thank you for being a dedicated reader of my blog, and to say that I truly and genuinely appreciate the time you have spent reading my observations, views, (and sometimes even my rants!), and further, I hope that you've learned a thing or two along the way. As always, you can always contact me in order to suggest any topics or issues for me to investigate, review, and post in this blog. I am ready, willing, and able to accommodate you, as always.

   This will be our last post until Monday 12/27, so to our friends that celebrate Christmas, I wish you the Merriest Christmas ever, from our family and our company to you and your family. May the season bring you peace, serenity, and joy.

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

October 27, 2010

UPDATED: Top 5 Concerns When Selling a Home FSBO



For Sale By Owner (FSBO)
  Hi Folks,
   Happy mid-week to all of you. Just a few more days, and it will be my birthday (Halloween). Please don't ask how old I am, will be, or if my face is a permanent Halloween mask...I've been down that road before !

   Today, we will be taking a look at some of the best pieces of advice for people selling their home as a "For Sale By Owner" (FSBO). Based on a wide variety of discussions, we have rounded out 5 of the main topics of advice for "Fizbers": Legal Concerns, Preparation of the Home, Mechanics of the Sale, Addressing Security Concerns, and Marketing the Home.

   "If they simply refuse to list with a professional, they must know the facts and legal requirements", advises Wendy Hooper, a Realtor in Orange County California, who says that it is important to, "Download as much information from the State Dept of Real Estate as they can get their hands on and use the correct forms". Patrick E. Hudson, an attorney specializing in Commercial Real Estate Law, concurs, and adds that it is important to, "Know your State's disclosure laws to avoid litigation over the property condition".

   Preparing your home for sale is also quite important, as you can imagine. Tom Wright, who was a builder and home flipper for 30 years, advises that you need to clean up the home, rake the leaves, and clean up the lawn, in order to, "Make sure the first impression is a good one". Wendy Hooper suggests that you, "Stage the home like a new model home", and that you should visit some model homes for examples. Wright adds that on walk through days, you should, "bake some bread".

   Your game plan is almost as important as the sale itself, and these "Mechanics of Selling" the home are the keys to your success. Patrick E. Hudson suggests that you know what you are willing to pay a buyer's broker, and also, where you will go once you have a willing buyer. Along the same theme of pricing, Hooper suggests that you, "Visit the local "competition" and price the home accordingly. Homes priced correctly WILL sell".

   A huge part of the mechanics of selling your home FSBO is actually showing the home. Hooper tells us that you need to make sure the home, "is available to see with as little notice as possible", since, "Buyers are fickle and won't wait around until it's convenient for Sellers to let them inside. They'll move on and buy the home that was easiest for them to see according to their schedule". Tom Shipley, a homeowner/homebuyer, says that, "it makes prospective buyers very uncomfortable to tour a house in front of the owner.", and that you should, "ask a trusted friend or even hire someone else and make sure they go out of their way to mention they are not the owner.". The advantage to this is that, "people will spend more time looking at your house and imagining themselves living there.", but, "If you don't have somebody to help you, make sure you don't follow the buyers around.".

   As part of selling your home, you are opening your doors to complete strangers, and this could be an invitation to trouble, so addressing the security concerns is well-warranted. Lydia Player, a Realtor, says that, "A "For-Sale-By-Owner" sign is an invitation to strangers to wander through your home". Player cites many scams, where the visitor asks if you have a security system, one where they go to your bathroom and look for the prescription drugs, and one where they take photos for a "spouse who is out of town", with the photos helping them "case" the layout of your home.

   Player offers some tips to help minimize your risks:

1. Make all of your showing  by appointment only (get a name and number and call back to verify them).
2. Don't be home alone when a stranger visits.
3. Have visitors sign a guest book and ask to see identification, and put the information in a safe place.
4. Place all valuables out of sight, including prescription drugs.
5. Eliminate displays of personal information, such as which schools children attend.
6. Never leave a messages informing callers that you are not home. Don't let strangers know your schedule.
7. Request that visitors enter and exit through one door only. Have quick and easy access to all of your exits.
8. Never leave a stranger alone and watch everything they do while in your house.
9. Do not put information on flyers which would compromise security.

   Finally, in marketing your home, Hudson suggests that to increase exposure, "get the house listed on MLS, using a friend or paying a fee". Kenny Jahng, a small biz and web consultant, suggests that you, "Create a website with a virtual tour, tons of photos and contact form using the street name in the actual URL.". Additionally, if you are also looking to entertain a Rent to Own/Lease Option arrangement, you can list your home on our website (http://www.lease2buy.com/prospectivesellers.php).

   Hopefully, these tips will serve as a great help for you in selling your home "For Sale By Owner" (FSBO), and remember, there are tons of fantastic and hard-working Realtors and Agents out there, should you decide you do not want to do it alone. As always, we welcome your comments.

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



UPDATED: Top 5 Blog post for 2010 (For more information, CLICK HERE)

October 13, 2010

It's Still Rent to Own to Me

Hi Folks,
   News and trends spread fast in our global economy. One of the housing trends that has reached well beyond the borders of the U.S. has been that of "Rent to Own".

   As I often say, when I started this business in 2002, “Rent to Own” and "Lease Option” (and hybrids of the two) were alien terms. Over the 8+ years of managing the business, we have had our eye on the global markets, and we have seen some interesting developments.

   Now, the devil is in the details, but there are slight variations of Rent to Own all around the globe. For example, Australia uses the terms "rent to buy" and "vendor finance", and the UK and Ireland use "buy to let" (as well as lease option).

   Do you know what the two largest markets for Rent to Own are outside of the U.S.? It's Canada, and also, the Philippines. I bet you didn't guess that? Yes, often, this blows people away. In addition, the Philippines actually refer to it as "Rent to Own", as do our neighbors to the north. The Canadian market also uses some other variations, such as Vendor Take Back, or "VTB". Some other countries that use Rent to own or variations of it, include New Zealand and some of the Caribbean Islands .

   However, to find variations, we don't have to look far. While Chicago, the major cities in Florida, and North Carolina are some of the places that use the term, "Rent to Own", other places such as Atlanta and Phoenix use, "Lease Purchase" (varies in definition, but extremely similar).

   Please don't take this as the musings of a Real Estate Blogger, but as a primer for your entry into multiple national and international markets outside of your regular niche focus. Perhaps you could even consider it a small education on the real estate naming conventions across our big blue marble that we call Earth.

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

September 29, 2010

Rent to Own Indicator and Our Public Speaking Promo Video

Hi All,
   Happy Wednesday to all of you. I have to say that I was so amazed with the reported increase in housing prices, that I Tweeted, "Home Prices Up 5 Months in a Row...Really? Anyone want to help establish a "Rent to Own" Indicator?"

After Tweeting this, I realized a few things that I need to clarify:
1) Not everyone is on Twitter. If you are, you can follow @homerunhomes, and
2) Please don't mistake the Tweet from yesterday as a sarcastic one.

    I would really like to see a Rent to Own/Lease Option indicator (inventory based ?). The only problem that I see outside of actually compiling such an indicator is that it might involve some Government entities a little bit more that what is actually required. What are your thoughts on this? I'm sure there are some strong opinions about this.

   OK, so as the second half of the title suggests ("Public Speaking Promo Video"), we have recorded our Public Speaking intro video right here in the office. Our original announcement about Public Speaking appearances (on Real Estate Investing, Rent to Own Homes, Motivational Techniques, and Business Tips that I have learned along the way while growing the business), can be seen in this Blog Post: http://blogging.lease2buy.com/2010/09/public-speaking-on-rent-to-own-finally.html

   Since the video is quite large, it has been uploaded to YouTube, and can be viewed at this link: http://www.youtube.com/watch?v=9sMr5BY09Pc

   In the next few days, it will also be available on our Public Speaking Page at http://www.lease2buy.com/speak.php



Thank for reading.
Have a Great Day, and Happy Rent to Owning !!!

July 7, 2010

4 Tips on Pet Friendly Housing

Hi Everyone,

As odd as it may seem, but happy mid-week (already?).

There is an increasingly important item that I would like to touch on today, which is very important to quite a lot of people who are looking for a home to Rent to Own.

This topic is regarding "Pet Friendly Housing". To those of you without a pet, this is a non-issue for you, however, for those of you with a dog, cat (or perhaps even a wolf?), this is very high on the priority list for you. There are quite a bit of sites that dedicate themselves to these types of accommodations (if you know of any that you can recommend, please let us know and we will add it to our Blog to help out our fellow readers).

A few tips that are worth mentioning here:

1. For any homeowners that are Renting to Own their home: Please specify within your "Home Available" Ad(s) whether pets are permitted or not. This can save you time by letting you weed out those who are truly the best pre-qualified fit for your home.

2. For anyone looking to Rent to Own a home, you will want to note within your "Home Wanted" Ad that you do have a pet (or pets), the type of pet, and any other pertinent info for the seller.

3. Make sure that you understand and realize any potential surcharges for keeping a pet in the home. Make sure that you have all charges in writing and whether they cover the term of the Lease Option (Rent to Own), or are per year charges, and/or are per pet.

4. If the size/weight/type of the pet is a factor, please also make sure you have this documented and in writing.

For those of us who have a pet at home, they quickly integrate themselves into our families. Unfortunately, there are some people who will look at this as an opportunity to scam you for extra money for keeping your pet, so make sure everything is documented and preferably notarized, as well.

As a side note, and off-topic, we have added some new features to the Advertising Opportunities that are available on HomeRun Homes (http://www.Lease2Buy.com), and you can click here to view the PDF. If you are unable to view or open the attachment, you can have our "Advertising Opportunities" sent to you by visiting this link.

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

June 25, 2010

Rent-to-Own Transactions Move into Mainstream

Hi Everyone,

Hope you are all having a great week. We are extremely pleased to share with you an article that was done on Rent to Own by a major, authoritative website, American-apartment-owners-association.org.

The article, titled, "Rent-to-Own Transactions Move into Mainstream" (http://www.american-apartment-owners-association.org/blog/2010/06/24/rent-to-own-transactions-move-into-mainstream/), provides HomeRun Homes some fantastic publicity, and it describes HomeRun Homes as, "a highly-ranked online classifieds service matching properties to buyers/tenants".

Within the context of the article, they quoted me when I discussed some of the best markets for Rent to Own (also called Lease Options or Lease Purchase), as Atlanta, Central Florida, North Carolina, California and Chicago, because, "...of the severe decline in home prices in those areas, coupled with a rough economy that poses credit hardships on many buyers".

I was also quoted as saying, "Rent-to-own gives investors a creative option when dealing with slow-moving or distressed properties", and, “At least you know you have someone in the property who wants to be there."

Kudos to that great website for spreading the word about Rent to Own Homes.

We will be checking back in with you on the housing numbers of this week gone-by.

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

June 9, 2010

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 !

June 7, 2010

Making Rent-to-Own Real Estate Deals Work...

Hi All,

This is an addendum to our earlier Blog Post, since we have just been provided with some fantastic media coverage in an article titled, "Making Rent-to-Own Real Estate Deals Work".

The excerpt that we are included in reads as follows:

"If you want to take a look at some of the deals on offer, go to Homerun Homes (www.Lease2Buy.com), an eight-year-old online marketplace for rent-to-own deals. Browsing its listings turns up some great offers, as well as some wildly unrealistic ones in which prospective buyers want below-market rents with no money down."


To read the full article, please visit the source at: http://www.familygoesstrong.com/making-rent-own-real-estate-deals-work and also, our Press page at http://www.lease2buy.com/press.php


Happy Rent-to-Owning !

May 3, 2010

Free Quarterly Rent to Own Newsletter

Hi All,
Hope you had a great weekend !

We have a lot of ongoing projects this week, but we just finished our most recent one, which is a quarterly Rent to Own Newsletter.

Some more information below (This is our Press Release that just went out regarding the Newsletter):

********************
For Immediate Release:

HomeRun Homes
(631) 676-3609
(631) 574-2420
homebuyer@lease2buy.com
http://www.Lease2Buy.com

Free Quarterly Rent to Own Newsletter Offered by HomeRun Homes

Ronkonkoma, New York, May 3, 2010 - HomeRun Homes (www.Lease2Buy.com) is now offering a free Newsletter regarding Rent to Own Homes. This quarterly Ezine will cover the topics of Buying or Selling a Rent to Own Home, along with tips, hints, and other news and information from the Real Estate and Rental Home markets.


FHA Tax Credit Expiration and the Real Estate Market

With the expiration of the FHA Tax Credit on April 30th, Rent to Own will become an even more popular option for purchasing a home. Since the popularity of Rent to Own has increased dramatically over the past few years, HomeRun Homes has added new services to help those seeking these type of Creative Real Estate deals. This free Newsletter is one of a series of benefits that the company has offered, along with providing a place for Home Service providers and Commercial Real Estate owners to offer their services or their properties to the vast amount of visitors that the website attracts.


Accessing the Rent to Own Newsletter

HomeRun Homes suggests that both potential Buyers and Sellers should educate themselves on the Rent to Own/Lease Purchase/Lease Option market before pursuing it as an option to buy, and these interested parties can download their copy of the Rent to Own Newsletter at: http://www.lease2buy.com/rent_to_own_homes_mailer.php


For additional information on the topic, "Free Quarterly Rent to Own Newsletter Offered by HomeRun Homes", please visit www.Lease2Buy.com


ABOUT HOMERUN HOMES

HomeRun Homes is a Centralized Marketplace which helps people Find or Sell a Rent to Own Home, or offer Home Services nationwide and globally to the thriving Rent to Own market.

- END -
********************


OK, we have a lot of cool stuff coming up this week, so keep an eye here, and have a fantastic and productive week!

Happy Rent-to-Owning !

April 16, 2010

Existing Home Sales, and Secrets of Rent to Own Contest

Happy Friday Everyone,

Can anyone believe it is just about the end of April? Weren't we just shouting "Happy New Year!". WOW!

OK, a few things to cover here, along with a cool contest!

We had a very interesting interview with American Express (Open Forum - for a new publication that will be released in June). We discussed the "twenty-something" age demographic, and how a Rent to Own agreement (or lease purchase/lease option) can be beneficial to them as either a buyer or a seller. The interview will be published in June (we'll post a link to it when it's out), but I'm told the format will be similar to their current publication.

On the Housing Front; Next week, there are some very important figures coming out: "Existing Home Sales" (National Association or Realtors, or "NAR"), and also, "New Residential Sales". These are both very important figures for everyone, so let's keep a close eye on them.

Now - for the Contest !!
To the first 5 people who send us an E-mail (at homebuyer@lease2buy.com) with the Subject line, "SECRETS OF RENT TO OWN, we will E-mail you over a Free Copy of our E-Book, "Secrets of Rent to Own".
More details about the E-Book are available here: https://www.lease2buy.com/rent2ownbook.php


***REMEMBER: We can only do this with the first 5 people...The Contest ends by 7PM EST Today, or whenever we get the first 5 E-mails, whichever comes first - so Good Luck !!

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

March 15, 2010

Great Customer Testimonial to Share...

We would love to share a fantastic testimonial we have received from a customer who has multiple different properties along the Eastern Seaboard states. We are very proud of the service that we provide and we take pride in the fact that our website is helping people find or sell Rent to Own Homes every day.

The Testimonial:

"I have been working with HomeRun Homes (www.lease2buy.com) for about three months now. My company places all of our homes on lease2buy.com and have been quite pleased with the responses that we have received from our ads. The staff has always gone out of their way to make sure everything is working just as it is supposed to, and I would highly recommend HomeRun Homes anyone looking for exposure of their lease2own property. Some of the best marketing dollars I have used to date.

R.H.
Owner/President
Equitable Home Solutions, LLC"


We strive to continue providing great service to the Rent to Own Real Estate market in the USA, Canada, and globally

Happy Rent-to-Owning.
HomeRun Homes
www.Lease2Buy.com

February 7, 2010

Added New Advertising on our site

OK, so we saw a niche and filled it well! Seriously, though, we had tons of requests from cutomers who wanted a broader advertising spectrum on our site, so we started offering a granular approach, i.e. in Welcome E-mails, Renewal mails, in the Newsletter, etc.

So, for the full skinny on all the details, check out the "Breakthrough Approach Permits Granular Marketing to Home Rental Market" Press Release link at http://www.lease2buy.com/press.php

Cheers from your friendly Rent to Own Crew at HomeRun Homes (www.Lease2Buy.com)