HomeLight

AUGUST 4, 2022

You have options, such as a rent-back agreement, aka, a lease-back deal, that would allow you to stay in the home you just sold a bit longer to give you time to find a new place, to wait for the next home to be built , or to let your children finish the school year. What is a rent-back agreement?

Rent back 102

Rent back Purchase and sale agreement Closing Renovation 102

HomeLight

APRIL 27, 2022

We might need what we call a leaseback,” or a rent-back , in which the seller leases the house back from the buyer until their new home is ready. Some people are charmed by older houses with a lot of history, and others prefer new construction. Back to that “location, location, location” mantra.

Renovation 101

Renovation Agents Sales Rent back 101

HomeLight

MAY 24, 2022

Dodging the hassle and expense of making renovations is a significant advantage if you have an older home or you’ve inherited property in another state. A brand-new house is another option, but supply chain problems, labor shortages, and zoning issues are impeding construction.

Pre-approval 98

Pre-approval Equity Agents Closing costs 98

HomeLight

MARCH 31, 2021

Zoning restrictions cause building delays or thwart construction completely: Many cities limit new housing with strict zoning laws and building regulations. For example, in Lexington, Kentucky, zoning regulations prevent new building starts with an established boundary line that limits new construction.

Marketing 89

Marketing Banks Land Sales 89