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October 02, 2010
A lease purchase option agreement can be beneficial for property owners and buyers. In today's real estate market it has become difficult to attract qualified buyers to purchase homes at market value. It has also become difficult for buyers to qualify for home mortgage financing. Lease options can be the solution both parties are seeking.
A lease purchase option agreement allows buyers to rent the property while building or restoring their credit rating. A portion of rent is contributed toward the purchase price which reduces the amount of funds required when buyers later obtain financing.
April 19, 2010
The average rate of interest on high yield savings is currently hovering at a little over 1-percent. Unless you are able to deposit $100,000 or more, it will be difficult to obtain a decent return on investment. However, with an hour or so of online research, you can compare nationwide and local banks to determine which offers the highest annual percentage yield (APY).
The most trusted source for high yield savings comparison is BankRate.com. When comparing savings account providers it is important to look for FDIC insured banks with a minimum 3-star rating. The higher the rating, the less risk there is bank failure