Myth: It is easy to negotiate the monthly cost and down payment of a lease. Truth: The average lease price is 1% of the home value. If you attempt to negotiate on a lease without knowing all of the facts, you might be declined altogether. Since competition is extremely high, often you only have one shot […]
Myth: It is easy to qualify for a home lease. Truth: Several years ago, this might have been the case. Unfortunately, with the stricter mortgage loan requirements, this also means higher competition for leases. This has also made the requirements for leasing much more stringent.
Here are just a few important items to know before trying to leasing a home: • The lease market in Houston is very hot. If you find a home it is important to move on it quick because most likely you are in competition with several others. • It is important to know that most […]