HomeRun Homes Rent to Own Homes Blog

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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 real estate. Show all posts
Showing posts with label real estate. Show all posts

September 17, 2010

Lucky Number 100 !

Good Morning,

   As you may be wondering about the odd title of this post, today we're celebrating our 100th Blog Post (Woo Hoo!). In looking back over the past 99 previous posts, we have listed our top 5 posts (based on traffic and votes), in descending order:

#1: "5 Tips For Buying a Second Home/Condo for Investment or Vacation"

#2: "Has the Housing Market Impacted Curb Appeal?"

#3: "Short Sales - What Do You Need to Know?"

#4: "Are Timeshares Truly Related to Real Estate Investing?"

#5: "Right Time to Buy? Top Real Estate Investing Markets"


CONTEST NEWS FLASH:


   We want to take the time and thank you for being loyal readers of our Blog, and we invite you to receive a hard copy (PDF) of some of our earlier posts ("oldies, but goodies").
   For the first 10 people who send an E-mail to homebuyer@lease2buy.com with the subject, "Lucky Number 100 Blog Contest", we will send you a copy of this via return mail.

   Did you send the mail yet? These contests close very quickly, so don't delay.

   We hope to post 100,000 more entries that will entice you, inspire you, and enlighten you.

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

September 13, 2010

Has the Housing Market Impacted Curb Appeal?

Good Morning All,


   Hope you had a great weekend. We spent the weekend cleaning out our attic, as well as shuttling our toddler to his classes and an ice cream party (Sugar Rush - Not good).

   It's funny how things shift in tandem when the housing market changes. Most practices and techniques are put under a microscope and are re-invented. One of those practices is preparing a home for maximum curb appeal. Today, we'd like to take a look at how the downturn in the real estate and housing markets has impacted the definition of curb appeal.

   "It is curb appeal that is designed to provide a positive first impression.", says Lisa Mekovsky, Owner of 3 Rivers Home Staging. She tells us that the, "definition of curb appeal has not changed, but its importance has dramatically increased.", and that this is due to fiercer competition.

   Julie Taché, a Broker with Homes with Cachet, concurs, and says, "More than ever, the visual has taken an important role in how buyers choose real estate. With so many properties available, an "ok" or "so-so" home may become just a drive-by, with buyers preferring the homes with substantially more curb appeal." Kimberly Gauthier, a photographer and homeowner in Washington State, has first-hand experience from both sides of the table, and she admits that they did, "most of our house hunting on line, so if the pictures weren't good, then there was a good chance that we wouldn't bother viewing the homes; there were just too many listings and this was a good way to shorten our list."

   Most of the experts we spoke with have agreed on landscaping as the most important piece of the curb appeal puzzle. Gauthier suggests adding flowers everywhere, since having a "few shrubs just didn't appeal to women. By adding loads of color, hanging baskets, and wine barrels with things growing, our showings increased.". From her point of view as a potential buyer, she said that, "Neglected landscaping will prompt me to move on to the next listing."

   Heather Logrippo of Distinctive Homes Online has weighed in with a few opinions from her expert clients. Kelly O'Ryan the Office manager of Coldwell Banker in Lexington, Ma, says that it is important to make sure that the, "Lawn is free from leaves and overgrown grass", and that it, "sound simple, but makes a huge difference".

   Elaine Leonard, the Sales Director for Northland Residential, a developer in New England, says that, "Even if you've lived in your home for 25 years, don't discount adding new trees or shrubs, they can really do wonders for the landscaping".

   O'Ryan also suggests that you, "Add a splash of color in the front - whether it's painting the front door an inviting red or adding planters with colorful plants by the front door". It's also important to keep the exterior of your home neat and organized. She advised that you make sure all yard tools and children's toys are put away, since, "you want your prospective buyer to envision living in the home which can be hard if they see your items before they even walk in the door."

   Leonard suggests adding a beautiful mailbox, which she admits sounds crazy, but she says that, "you have no idea how a beautiful mailbox can add a nice finishing touch", and , "like accessories on an outfit, a mailbox is the perfect last accessory on your home to make it appear finished and beautiful. Leonard also suggests that you do the "Hardscaping", which is, "anything from a walkway to a patio.", and , "If you have old, broken or cracked driveways or walkways, investing a little in hardscaping to fix them will pay off in the long run!"

   "Sellers must make sure the entire exterior of the home looks clean, fresh, and professionally maintained.", suggests Taché, and she advised all work (bricks, steps, siding, power washing, roof, etc) be completed before listing. She adds that, "Hiring a professional (stager for inside, landscaper for outside) are a worthwhile investment - as these people know what the public desires, and can make cost-effective suggestions to get the home its best possible showing condition!".

   As Taché concludes, "The first few weeks on market are so crucial that making sure it photographs well and that a potential buyer will see it in a positive light have never been more important to get them in the front door!"

   I hope that these tips will help you in getting more people to see your home. As a side note, however, please note that we find that these tips are "not as important" when people are looking to Rent to Own your home. Notice that I said, "not as important", since people certainly differ.

   Do you have any other tips to share? Have you done any wild things to spruce up your home in order to give it more curb appeal? We'd all love to read your comments !

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

September 3, 2010

Our Radio Commercial on Rent to Own

Hi Folks,

   Labor Day Weekend is upon us, if you can believe it ! For those of you (like myself) that is feeling the brunt of Hurricane Earl, we ask that you please be safe and be careful.

   A short while back, We had a radio commercial that was created by the good folks at WBLI Radio in New York, and the commercial is attached to this Blog post as an audio (MP3) attachment. This goes hand-in-hand with part of our vision for the past 8 years - to have a Global Focus, while keeping an eye on the markets in our own backyard. Take this as part of some solid business advice.

   We have had a pretty nice reply to our Public Speaking Appearance offer thus far. Make sure that you book me, since the end of year tends to be quite busy for us. We'll talk Rent to Own, Real Estate, Business, and Motivational techniques, all live and direct to your audience. Learn more and reserve your preferred dates before too long at http://www.lease2buy.com/speak.php

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

September 1, 2010

Public Speaking on Rent to Own? Finally !

Hi All,

   Hope you are having a Great Day !

   We have had a lot of feedback and requests for us to provide Public Speaking appearances, and please be assured, we have listened to you ! In response, we have just released the following Press Release on the wires about that new service we are offering:

For Immediate Release:

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

Rent to Own Home Executive Offers Speaking Appearances

Ronkonkoma, New York, September 1, 2010 - The President and Chairman of HomeRun Homes HomeRun Homes (www.Lease2Buy.com) has committed to speak publicly on Rent to Own, the rapid success of his company, and on business and motivational topics.

Rent to Own, Business Development, and Motivational Techniques

Robert Eisenstein, the President and Chairman of HomeRun Homes (http://www.Lease2Buy.com), who has led the company through a number of ups and downs in the Real Estate market since 2002, has announced that he will now commit himself to speak at Conventions, Real Estate Meetings, and other Business-related gatherings.

Eisenstein, in previous years, had turned down such requests, stating that he, "needed to pour 100% of himself into expanding HomeRun Homes into the one-stop shop for Rent to Own". Most recently, Eisenstein has said that there is a wealth of knowledge that he has accumulated over the past 8 years in terms of, "the rent to own market, business creation, business development, and general motivational techniques", which is all, "critical information for anyone looking to climb their way to success".

Eisenstein hold a Bachelors in Business Administration (BBA Finance '92) from Baruch College in New York City, and has both a Financial and a Technical background (Microsoft Engineer and Cisco Certified), which many have recognized as the driving force behind the success of the company.

In capturing increasingly wider Press coverage, the company was recently featured in AOL Patch, in a new American Express Magazine, in "Canadian Real Estate Magazine", and in multiple other publications and Blogs, which can all be read in the Press Center on their website.

For additional information on the topic, "Rent to Own Home Executive Offers Speaking Appearances", please visit http://www.Lease2Buy.com

ABOUT HOMERUN HOMES

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 -

We hope that this satisfies your requests, and we certainly look forward to discussing Rent to Own and the Real Estate Market at your next convention or other venue. For more information and to reserve space, please continue here: http://www.lease2buy.com/speak.php

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

August 19, 2010

HomeRun Homes Knocks it Out of the Park

Hi Folks,

   We just wanted to alert you to some great publicity that we just received on Patch.com. The article is titled, "HomeRun Homes Knocks it Out of the Park", and it is located here: http://sachem.patch.com/articles/home-run-homes-knocks-it-out-of-the-park

Here is an excerpt from the story:

"By focusing on the rent-to-own segment of the real estate market, Eisenstein's business has made impressive strides. Generating a considerable amount of web traffic through its site - over 1.2 million hits to date - HomeRun Homes has also expanded in other markets of real estate"

   This is just another reminder that we are out here bringing more folks to your Ads, whether you are Buying a Rent to Own Home or Selling a Rent to Own Home.

Please read the Full Article at Patch.com

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




 
 

August 2, 2010

Commercial Real Estate...and We Need Your Input !

Hi Everyone,


   Hope you had a nice and peaceful weekend. As for me, having a toddler, the word "peaceful" does not exist !

   We wanted to announce a few new things currently and on the horizon. First, we have created a new RSS Feed with all of our Press Releases, that covers our news, press and media, regarding rent to own and real estate in general. It is freely available at this link

   Next, for those of you who have placed your buildings, stores, apartments, and land available Ads in the "Homes Available" Section, please note that your exposure would be much better in the Commercial Real Estate section. Please let us know if you would like your Ads moved over to the Commercial Property section.

   Now, we want to turn things over to you, and we have a few questions. For all of those who respond via comments on this Blog or via E-mail, we will send you a small token of our appreciation (please provide your E-mail address along with your correspondence).

Question #1: Would you be interested in seeing additional countries added to the website? If so, which ones and why?
Question #2: Are there any Social Networks that you would like to see us on that we are NOT on currently?
Question #3: What other topics would you like to see discussed on our Blog? Please be specific.

   As mentioned above: If you answer any (or all) of the above either via comments on this Blog OR via E-mail, along with your E-mail reply address, we will send you over a small token of our appreciation.

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

July 30, 2010

Will the Housing Market Recover?

Welcome to Friday!


   Can it possibly be August? It certainly is, and folks, we are still in the midst of a housing crisis. Yes, I used the word, "crisis". There are definitely markets showing signs of recovery, as we have discussed in a previous post (http://www.blogging.lease2buy.com/2010/06/foreclosure-preventionimproved-housing.html), however, the rest of the market is struggling.

   An article recently cited the "6 Reasons the Housing Market Hasn't Recovered" (with credit to Luke Mullins of U.S. News and World Report), and the reasons were:

1) Labor market
2) Household formation
3) Foreclosures
4) Tight credit
5) Falling home prices
6) Selling your other home

   Two of these I found very interesting, and the first being "Household Formation". This is an angle that I personally have never thought about before, and might I add that it is a very good observation. What the author is saying is that basically, people cannot afford to branch out and purchase a home. People have fallen on hard times, and some have moved in with friends and family. Some couples who are looking to get married and purchase a home are perhaps holding off and staying in their rented apartment until things recover. Overall, a very good observation.

   The other point was that of, "Selling your other home". This has always been a problem, but is amplified during a market with falling housing prices, coupled with falling credit scores and income (or lack thereof). When you need to sell your home before you are able to purchase a new home, this takes it's toll. People are always looking to up size, downsize, or need to sell since they are moving. As we are seeing creative real estate options becoming more mainstream, such as Rent to Own (See our recent Blog post on this: http://www.blogging.lease2buy.com/2010/06/rent-to-own-transactions-move-into.html ), this will hopefully mitigate this factor from inhibiting our recovery.

   In keeping with our discussion, next week, there will be some important numbers released, which are the Construction Spending figures on Monday, and the Pending Home Sales Index numbers on Tuesday. Let's keep any eye on these together.

   Do you have any gripes about this market? What are your thoughts?

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

July 20, 2010

Canadian Real Estate Magazine Interviews HomeRun Homes






Hi All,


   We were just notified by Canadian Real Estate Magazine (www.canadianrealestatemagazine.ca), that they have published an interview that we did with them on the Rent to Own Market. The segment that we are featured in is exclusively included in the physical magazine, so I have attached a copy of the article as well as a link to the file on our site (CLICK HERE FOR THE STORY).

   The article covers the many aspects of what a Rent to Own is, looking at it from the angle of Rent to Own Homes in Canada, and it begins as follows, "The rent-to-own option could prove to be valuable as lending guidelines make it more difficult for Canadians to obtain mortgages. Kit Kadlec recently spoke with Robert Eisenstein of Home Run Homes, a U.S. company that helps homeowners find rent-to-own buyers..."

   The two largest markets for Rent to Own Homes are both the US and Canada, and we are glad that we are able to help people buy or sell a rent to own home in each country.

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

July 19, 2010

Housing Market, Home Building, and You

Hi Everyone,


   Hope you had a great weekend and took a little time to relax.

   We have a very exciting week ahead here, with a lot of great advertising lined up to bring even more visitors to your Ads. Additionally, there is a ton of information coming out on the strength of the Housing Market this week. Tomorrow, the New Residential Construction numbers are coming out, on Wednesday, the Loan Performance Housing Price Index numbers come out, and then on Thursday, we have both the NAR Existing Home Sales and the FHFA Monthly House Price Index numbers being released. We are holding on to hope that there will be a significantly positive bounce in these numbers, but at this moment, I just truly don't see how that can happen. I'm not being pessimistic, but it will take time, and we are not out of the woods yet.

   On Wednesday, we will begin a very exciting 3-part series that will cover the home-building process. We will have comments from builders discussing how they identify, acquire, and build homes and other Real Estate, along with perspectives from other professionals in the industry with additional points of view and comments. It's should be a treasure trove of information for anyone interested in the Real Estate market.

   We hope you have a great week, and Happy Rent-to-Owning !!!

July 15, 2010

What Tenants Look For In a Rental Property

Hi Everyone,

Yes, we know that we don't usually post on Thursdays, however, we wanted to pass along a great article that we were interviewed for, called, "What Tenants Look For In a Rental Property". In that article, w have listed the 10 most common things that tenants were looking for in a home over the past 60 days.

To Summarize, these 10 items are:
1. Double Garage/2 Car Garage
2. Some Land/Acreage
3. Must Allow Pets
4. Pool
5. School District
6. Basement – Nice Size & Finished Basement
7. Proximity to transportation (Bus/Subway, etc)
8. Backyard Would Be Nice. A Three Bedroom Would Also Work.
9. Fireplace.
10. Washer/Dryer Hook Up


We were very kindly referred to as, "HomeRun Homes (www.Lease2Buy.com), a rent-to-own classifieds powerhouse" and "...a highly-ranked online classifieds service exclusively for rent-to-own properties", of which we are very proud of! The full article can be seen here: http://www.american-apartment-owners-association.org/blog/2010/07/14/what-tenants-look-for-in-a-rental-property/


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

June 23, 2010

Our 8th Anniversary in the Rent to Own Homes Market...


Hi All,

Happy Wednesday to all of you. We wanted to let everyone have a copy of our Press Release that just hit the wires today (FULL RELEASE HERE). It's been a tough road for us with a lot of ups and downs, but we love what we do and we love hearing great news from customers who bought or sold Rent to Own Homes by using our website.

We will continue to provide the best service and the best Web experience for you. Our belief is that you either give 110%, or you stop altogether. Well, we choose to give 150% !

OK, Enough of my blabbering - here is the full text of the Press Release:

For Immediate Release:

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

Top Website for Rent to Own Homes Celebrates 8th Anniversary

Ronkonkoma, New York, June 23, 2010 - HomeRun Homes (http://www.lease2buy.com/) is celebrating their 8th anniversary this month. The Company has continued to be an omnipresent force in the Rent to Own Homes niche of the Real Estate market, and continues to thrive in a field that has seen a majority of their competition dissipate.

Another Milestone for One of the Original Rent to Own Websites

The management team of HomeRun Homes\Lease2Buy.com commenced web operations in June 2002, after working on a series of Real Estate rehab deals in Orlando and Central Florida. The President of the Company, Robert Eisenstein, states that during that time, they found it difficult to locate people who would be interested in Renting to Own the properties that they had rehabbed, and he says that, "We realized that something had been missing - a central location where sellers could find buyers for their Rent to Own homes, and where buyers could ask for exactly what they needed in a Rent to Own home". He goes on to say that, "HomeRun Homes was born from this concept."

Acquisitions, Ventures, Web Traffic, and Global Reach

Today, Lease2Buy.com attracts a vast amount of web visitors, and has in excess of 1.2 Million hits. During their tenure, they have made one acquisition, which was a purchase of Equifree.com, a Stop Foreclosure website, and they have spun off an additional website, StopForeclosureRenttoOwn.com, which reaches out to those in the most urgent need of buying or selling a home. Continuing their tradition of helping people find what they need, they also offer a free Rent to Own Newsletter via download on their website, and also provide a very useful Blog (http://blogging.lease2buy.com/).

HomeRun Homes appears in many publications, such as Financial Advisor Magazine, Wallet Pop, and many others, as well as reviews on multiple Blog Sites. Their reach extends to the global real estate market, with their top 5 markets listed as the USA, Canada, Australia, the UK, and the Philippines. In his 8 year Anniversary meeting, Eisenstein states that the company plans to make a stronger global reach a top priority, since there are "many people in many countries who are stranded, and don't even realize that Rent to Own could be a resolution to any housing problems that they may be facing, as either a buyer or as a seller."

For additional information on the topic, "Top Website for Rent to Own Homes Celebrates 8th Anniversary", please visit http://www.lease2buy.com/

ABOUT HOMERUN HOMES

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 -


We will check in with you to discuss the latest housing numbers when we have had a chance to take a good review of them.

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

June 11, 2010

May Residential Construction Numbers - Friend or Foe?


Hi Everyone,

Another Friday is upon us, and we are thankful for another very busy week. As a rule, I try to look back at each week to see what I am thankful for. Let me tell you - some weeks it is tough to find anything, aside from being thankful for my family! However, this past week, we not only received some fantastic media coverage (http://www.familygoesstrong.com/making-rent-own-real-estate-deals-work), but we also had a few other interviews for popular financial and real estate websites that are on the pipeline to be published as well. Additionally, we received some good karma (priceless), by hearing some very kind comments from people who have used our website. Karma, that's what it's really all about !

OK, now on to the Real Estate market, our ailing friend ! The New Residential construction numbers will be released this week (on June 16th), and most importantly, these numbers will reflect the post-tax credit market, since they cover May 2010 (the tax credit ended on April 30th 2010). I, personally, am very curious to see these numbers, and I know a lot of real estate investors, economists, and builders, who are also interested in this. This could have a significant impact on the market. Could the numbers have dropped? Sure they could have...the major incentive expired...but the market has most probably discounted this information into the mix already. If the numbers pop upwards, that could have a dramatic effect on the market, and potentially, the Rent to Own Market, as well. For more information on these reports, please check here: http://www.census.gov/const/www/newresconstindex.html


We have a few infrastructure and marketing projects drawing closer to completion, and when they are finished, we will let you know. They involve ease of accessibility, traffic incentives, and an overall boost to site traffic to increase views to your Ads on our website.


Do you enjoy reading our Blog?

If so, we would love to hear from you in the comments section below. If you don't have time to read it and you would rather listen to it, we do 1-2 Podcasts per week, and you can download them in MP3 format in our Itunes Store, at: http://itunes.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=373351426


Have a Great Weekend, 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 !

June 4, 2010

Mortgage Horror Story...

Hi Everyone,

Friday is upon us, and it's another sizzling one, depending on where you are geographically!

Today, I'd like to share a mortgage horror story with you. When I purchased an investment home with some partners a couple of years back, we were assured an interest rate on an interest-only/balloon mortgage. However, once we got to the closing table, the rate showed up in the documents as higher by 1/4 point. Needless to say, we were all quite furious, and the fact that the mortgage broker was not at the closing didn't help the situation(he was on vacation), so we called him on his mobile phone to voice our disapproval over this rate discrepancy. There was quite an exchange of words, however, it was kept on a professional level and just short of using expletives.

Ultimately, it was a mistake on his part, and he made good on the difference with a check to us for the difference calculated out over an agreed upon period of the loan. In order to avoid delaying the closing to have new papers drawn up, we moved forward, and accepted the above-mentioned check from his closing associate to cover a majority of our "losses". The moral of the story: Make sure everything is in writing, whether it be an E-mail from the mortgage company, or physical documents, you just cannot argue with hard copy. In this case, we had done previous closings with this broker, so we know it was an error and not malicious. Either way, "in writing" is the key. May this little story and this tip save you tons of aggravation !

Economic News related to the Real Estate Housing market is quiet next week, but as we all know, any and all economic news that is released will affect the housing market directly or indirectly. Always keep your eyes and ears open!

We have additional items/upgrades and more new features rolling out next week, so be sure to check in on Monday, Wednesday, Friday, and any other days in between for breaking news and updates. What would even be easier for you? You can subscribe to this Blog feed or you can subscribe for Blog updates via E-mail. These options are both located on top of the column on the right-hand side of this page where it says, "Subscribe To Posts" and "Subscribe by E-mail". Also remember to check out our Podcasts for Free Download in our ITunes Store at http://itunes.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=373351426


We hope you stay cool, and have a great weekend!
Happy Rent-to-Owning !

May 12, 2010

Great Real Estate Deals, Home Staging, Rehabbing....

Hi All,

Happy Wednesday to everyone.

It's been an exciting week at the HomeRun Homes campus, and to all of you who have thanked us for bringing you such a deluge of quality responses to your Ads...you are quite welcome. Our goal is to bring traffic to our website so buyers or sellers can find you, and you can Find a Rent to Own Home or Sell a Rent to Own Home. Basically, we are just doing our job, since we work for you!

We wanted to re-emphasize a fantastic article, called: "7 Cities With Great Real Estate Deals", which runs down some of the hottest returning markets. If you read through the article, you'll see that there are a lot of unpolished gems out there. Further, you will see our name mentioned in the article for Atlanta, and also for Orlando, Florida (and Central Florida), since we believe that these are two of the hottest markets right now.

This leads me to the next item, which is that our 8-Year anniversary is around the corner. We originally got our start buying and rehabbing homes in Central Florida (Read our full background here: http://www.lease2buy.com/rent-to-own-homes.php). One of the first homes we renovated is this one:



We will tell you more about this in the coming weeks, as our June anniversary approaches, along with some fantastic offers...stay tuned for your exclusive opportunities to be announced here in our company Blog!

The last item that we wanted to discuss is Home-Staging, which has gained quite a bit of momentum in the recent market. For example, I have a neighbor who was stuck in his home for 8 months, he could not sell, and he was not in a position to Rent to Own the home. I had a Home-Staging company get in touch with him, and they came in and revamped his entire home. During his next Open House, he got a few offers, and he is actually in contract now. This is a handy service. Are you a Home Stager? If so, please tell us more about your work.


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

May 10, 2010

Silly Real Estate Sayings, Huge Traffic, Featured Ads...

Happy Monday to Everyone,

A taste of fall is in the air here on the East Coast, but as we all know...not for long!

We have a very exciting week ahead, as many of you who already have Ads on our website can imagine. We have had a humongous surge in traffic on the website over the past few days, and a lot of you have been deluged with responses to your Ads.

Please always respond to them as quickly as possible to show them you are serious, and that you want to rent to own your home or find a rent to own home fast ! With the end of the FHA Tax Credit, people are realizing the benefits of rent to own more and more each day.

Website tip of the week: With all of this huge additional traffic, this could be a great time to put your Ad on top of the State page where you have the Ad, so these visitors see you before anyone else! (We described this feature in detail in the following blog post: http://www.blogging.lease2buy.com/2010/04/lease2buycom-updates-featured-free.html

One of our customers suggested this to us over the weekend: "Get more Sellers selling lower priced properties.". The short answer is that we can't control the values of the properties that are posted on our site. Now, that being said, price is relative, and by that, I mean that a price that is high for one potential buyer might be just right for another. A quick glance through our site will show prices on the very low end numerically, on up to a few mega-mansions with high-end numbers. It's all a matter of taste and preference. A seller of a "low-priced property" may be in just as much of a need to sell their property as a seller with a "high-priced property". Again, "relative" sums it up.

Some food for thought on a very interesting article on Yahoo Finance, titled, "4 Biggest Lies in Real Estate". To summarize, they listed them as: Phony Photos and Videos, Valuations Lacking Value, Mortgage Rates You Can't Get, and Unreal Property Descriptions, plus, they also tossed in a "Euphemism Alert".

The interesting thing about the Euphemism alert is that all of you have probably read these types of Ad descriptions, for example, "Handyman's Special" (you have to gut the whole property first), and "Great View" (you'll break your neck twisting your head out the window to see the water). Some of these just go with the territory, and the old rule of "Caveat Emptor", or Buyer Beware, applies here.

Either way, this makes a great educational read for those of you on either side of the table, as a buyer or a seller.


We will check in with you during the week with more information.


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

May 7, 2010

Facebook, Twitter, Podcast...

Hi All,

Hope you had a great week!

We just finished up with an interview for a new website focusing on home buyers in the 20-35 year old range, and that article should be out late month (or early June), so we will keep you posted.

It's been a really quiet week in terms of Economic News for the Real Estate/Rent to Own Market. We are just watching the market and that horrendous spill in the Gulf.
We pray that they cap it before it damages the wildlife and the local Gulf businesses. As a side/personal note - Gulf Shrimp and Gulf Oysters have always been my weakness.

We have just had our Facebook profile shortened to a much prettier address:
http://www.facebook.com/homerunhomes, and as some of you already know, our Twitter Address is: http://www.twitter.com/homerunhomes

Do you see a pattern emerging in the naming?


OK, so a News Flash: We are boldly looking to endeavor into the world of Podcasting, which for those of you who are not aware of them, they are basically Blog Posts, but in a voice recording that you can download and play on your Ipod or MP3 player.

Now, I am not crazy about my recorded voice, however, a lot of you have spoken and asked me to do this. So the answer is, "Yes", I will give it a try.

If our team is able to successfully organize the techie side of it, I will post the Podcast here on the Blog. Apparently, this saves a lot of time when you can listen to the Blog as opposed to reading it. Please be patient as we try to figure this one out - I'm off to do some voice exercises now (kidding).

Please check back Monday for more news!
Have a great weekend, and Happy Rent-to-Owning !




My Podcast Alley feed! {pca-820fd66e75f39e338c13a2a4fd033585}

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 30, 2010

Pending Home Sales and Real Estate Trouble Spots

Hi Everyone,

Hope everyone had a healthy and productive week. Not only is Friday upon us, but yes...May is upon us !

Living on the East Coast has it's perks, and being a couple hours away from Atlantic City is one of them. That is if you enjoy that kind of stuff. I came across an article citing Atlantic City as one of "Tomorrow's Real Estate Trouble Spots". No surprise that Atlantic City, N.J., is on top of the list, however, I always thought that aside from the Casinos, the area outside of the bright lights was depressed, in terms of home prices and the economy. So, basically, it's more of a yesterday and today "Trouble Spot". As a side note, this was from a survey of 315 cities, so the sampling size they used was pretty large, and it carries some weight with it.

We have been doing a lot of internal work on our site, in terms of aesthetics and our database. We will have a new Press Release coming out next week, and we'll be sure to notify everyone here regarding it.

Next Week (Tuesday, May 4Th), The Pending Home Sales Index numbers will be released, and this should be reflecting the tax credit for (new) home buyers.

Finally, for additional background on our Rent to Own website and a peak at our history, please read more about us here: http://www.lease2buy.com/rent-to-own-homes.php

A lot of exciting and cool stuff coming next week - so stay tuned.
Have a Great Weekend, and Happy Rent-to-Owning !

April 26, 2010

Troubled Cities, Creative Real Estate, FHA Tax Credit, and more

Happy Monday to Everyone,

We hope you had a great weekend, and were successful in wherever your ventures took you, whether it was looking for a home, selling a home, or just enjoying some time with your family. On a personal note, we spent the weekend with our toddler going from Chuckie Cheese to a few of those inflatable bouncy places. I've had enough pizza and gummy bears to last me a lifetime !

I came across an interesting story that I wanted to share, and it is worth taking a look at. It's titled, "10 Cities Facing a Double Whammy of Default Risks", and it lists cities which are not only in the throes of major home value declines, but also have other dominating economic issues as well. For example, the top city on the list was Las Vegas, and the article cites speculation and wild loan-types as the contributor to the decline in housing prices, construction, and jobs in the Metro area. The other cities listed are Merced (California), El Centro (California), Port St. Lucie (Florida), Fort Myers (Florida), Bend (Oregon), Ocala (Florida), Detroit (Michigan), Rockford (Illinois), and Toledo (Ohio). Although they are all different cities, some of the issues read like a script. This is an important read if you live in these metro areas, or if you are considering a move there. On the flip side, if you are an investor the specializes in rent to own or creative real estate deals, you might have a ground-floor opportunity in helping to revive these areas !

A side note - This Friday, 4/30, the Tax Credit for new home buyers (of up to $8,000) will expire. We wrote an article on this earlier, and you can read it here:
http://www.blogging.lease2buy.com/2010/04/details-on-fha-tax-credit-for-home.html

OK - back to working on our website and getting more traffic to your ads !
Have a great day, and we'll chat again on this Wednesday !

Happy Rent to Owning !