Jump Start Your Home Ownership With Rent To Own Homes

First of all, sit down and plan your future home business. What is involved? How will you function? In general terms, how are you going to advertise your business, what will be involved in fulfilling orders and what happens at completion?

Start by reviewing your finances. Look at your monthly budget. Does it work? Are you stretching to make your rent payments? If you are, you probably won’t want a larger mortgage payment. Look at what you really spend to see how much you can afford.

I had previously recommended that you buy gold when it was between $580 and $600 an ounce. Currently, gold is trading at around $670 an ounce up more than 10% from the levels I recommended. However, gold has some serious technical resistance at the $670 level and if it fails to break out through that level it might go down in the short-term. If it does go down again to the $620 – $640 level, I like it at these levels as a buy. I believe that gold will go to $800 an ounce before the end of 2007.

Do you have enough life insurance to cover both the mortgage and household expenses? This is something you should definitely revue before you close on a property.

Once installed and without monitoring are you even going to set the alarm system when you leave your home or at night while you’re sleeping? Statics say no. Research has shown that homeowners who have active monitoring on their alarm systems are 40% more likely to actually set and use their alarm systems compared to homeowners without working alarm monitoring.

F) Don’t buy a home in a locality that has a high crime rate. Buying homes in such places attract higher rates in home insurance. And, even if you think a neighborhood is a crime-free area, do your very best to confirm. You can call up an insurance agent or insurance office and ask. The home on the adjacent street could be grouped into a low crime district while yours is zoned to a high crime district.

Do – Pull Your own Credit from all 3 Bureaus and review thoroughly. Be sure and look at any public records like judgments, bankruptcies and tax liens. Sadly, many companies are quick to add negative items to your credit report but are slow to reflect the fact that you have satisfied them.

A.Buy insurance for predictable losses. empty property insurance protects some of your assets, but you should also consider the risk of losing your income stream. Life and disability insurance can provide added protection.

If you cannot pay off your credit card balance, in full this money or at least by the end of next month, then you have too much credit card debt. Did you know that if you carry a balance of more than 25% of your credit limit it actually hurts your credit? This is true and it does not even matter if you pay your bill on time or not. It will still drop your credit score.

If you are not a realtor and you are looking for comparables, you can go on to your Internet server and look under real estate, there will be comparable sell section you can use.