article thumbnail

From Tenant to Owner: The Ultimate Guide to Navigating Rent to Own Condo Programs

Movoto

A rent to own condominium parallels other real estate agreements that share the idea: in any rent-to-own scenario, the idea is that the lessee eventually purchases the property. Eventually, you’ll be faced with the same tasks as other real estate purchases. What Are The Cons Of Renting A Condo?

Tenants 36
article thumbnail

Guide to the Property Investment Software Realtors Need in 2023

Listing Spark

That means an extraordinary number of people who are traditional homeowners may be looking for new opportunities to take action in the real estate market by buying a new home without selling their current residence or by actively adding an investment property to their portfolio. What does this mean for real estate agents?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Buying a Second Home – What You Need to Know

PennyMac

Budget for times when a rental property doesn’t have tenants or if you rent for short-term periods. As the owner, you may have to front some of those costs if it takes a bit to get long-term tenants. If you’ve worked with a real estate agent or attorney, they will ensure everything is processed correctly.

Tenants 36
article thumbnail

The Complete Guide to Buying a Home As a Government Employee

Raleigh Realty

You can rent the home out to tenants who pay your mortgage and bills while you continue to build your asset. Your neighborhood may require homeowner's association (HOA) fees, too. You want to choose the best price available Find an Agent Yes, it does cost money to hire a real estate agent.

article thumbnail

NAR: Appraisal License Equivalency Credit for RE Agents?

Appraisal Today

Excerpts from the letter: … including, but not limited to, experience in real estate market analysis and real estate brokerage, including: • Evaluating and pricing residential real estate. Counseling buyers, sellers, owners, and tenants about listing and offering prices, and market rent.