RECENT BLOG POSTS
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Why do Interest Rates Change?There are several types of interest rates. These include: Prime rate: The interest rate banks charge their best (prime) customers. Treasury bill rates: Treasury bills are short-term debt instruments used by the U.S. Government to finance their debt. Commonly called T...
10/03/2007
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Here in Minnesota a town was all but wiped out. Flood insurance was not required even though it was in a low river bed area. Only two people in the entire town of Rushford, MN had flood insurance. The rest are still trying to figure out what to do a month after the flood.Hopefully, this is som...
10/03/2007
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Cancelling PMIThe Federal Government passed a private mortgage insurance (PMI) reform law, effective July 29, 1999. Known as the Homeowners Protection Act of 1997, the new law amends the Federal Truth in Lending Act and could save some homeowners more than $1,000 a year in PMI payments. The key ...
10/03/2007
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Minnesota Rent to Own http://www.mnrenttoown.com/ is a great company. Terry Miller and Scott Scanlon have given all of my referrals 100% attention. I can not imagine anyone needed a lease option not working with Minnesota Rent to Own.Stop by and visit me or go directly to Minnesota Rent to Own ...
10/01/2007
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A lease option (or lease purchase) is a type of contract used in residential real estate. The contract is typically between two parties: the tenant (also called the lessee), who will occupy a house or apartment, and the landlord (lessor), who owns the property.During the term of the lease option,...
09/25/2007
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Rent to own (RTO) is a means of acquiring ownership over time without taking on debt. RTO companies rent items, most typically furniture, appliances and electronics, with the condition that the item will be owned by the renter if the term of rent is completed. Since rent to own stores do not requ...
09/25/2007
It is AWESOME to have a company that help those potential buyers that just aren't ready for a mortgage but dream of home ownership. MN Rent to Own is a great company. I would suggest anyone in the Minneapolis Minnesota and surrounding areas work with MN Rent to Own if they are struggling to own ...
09/24/2007
The answer to that question is rather simple.1The first thing we do is sit down with you briefly and discuss with you your situation and get some basic information on your household.2Second, what we look at is can the total household income support the total rent payment? We don't have any tailor...
09/24/2007
For a more in-depth explanation of how our Rent-To-Own program works for you please read How Rent-To-own works where we briefly explain the process and provide a easy to read example.We have listed a couple very good reasons why Rent-To-Own will work for you, by no means are these the only situat...
09/24/2007
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1)Rent Credits: Each month a big chunk of your rent goes towards the purchase of your home, allowing you to build equity in your home faster than a traditional mortgage - no more wasting money on rent..2)Improving Your Property: Because you will own this property soon, any improvements you do tha...
09/24/2007