If you’re curious about whether you qualify for affordable housing, figuring out your Area Median Income (AMI) is a great place to start. AMI gives you a snapshot…
Author: LIHH Team
Renting to Own Double Wide Trailers: Is It Worth It?
Are you feeling the squeeze that comes with trying to provide for your family within a tight budget? Have you ever found yourself dreaming up ways to become…
Verbal Rent to Own Agreements
Navigating the legal complexities of verbal rent to own agreements might feel an overwhelming endeavor. Particularly for Low income families, already balancing a multitude of responsibilities, the law can…
Building a Rental Property Emergency Fund: A Guide for Property Owners
Imagine this: it’s 2 a.m., your phone rings, and it’s your tenant. There’s a burst pipe, and water is everywhere. You need to call a plumber ASAP. Or it’s tax…
Rent-to-Own Eviction and Repossession Laws
Rent-to-own agreements allow tenants to rent a property or item with the option to buy it later. These agreements usually require higher payments than regular rental agreements because…
Rent-to-Own Tenants’ Rights
Ever thought about delving into the world of rent-to-own homes? Well, hold on tight, because you’ve landed in just the right spot. The rent-to-own field isn’t exactly mainstream—it’s…
Is It Better to Buy or Rent a Home After Retirement?
» Renting In Retirement & Renting After Retirement Buying a home is a big milestone and investment. When you think about becoming a homeowner, the obvious choice is…
Lease vs Loan: What’s the Difference?
Understanding Loan and Lease Basics In general terms, a lease is an agreement where the lessor allows the lessee to utilize their assets for a fee (also known…
What Is Private Mortgage Insurance?
Purchasing a home is one of the most significant decisions you will make in your life. As a homeowner, you have a lot to consider, and it can…
Can You Rent-to-Own a Foreclosed Home?
The short answer is “no,” you cannot rent a bank-owned home that is in foreclosure. This is not an option because upon foreclosing, the bank is looking to…