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The Best Websites for Condo Decor

Now that you have your very own condo, it’s time to decorate. But where to start? We’ve picked our favorite design and decor blogs to help you decorate your new home. There are plenty of DIY projects, help with choosing paint colors, inspiration, and so much more.

The Best Websites for Condo Decor

Photo by 2id InteriorsHouzz.com

Houzz

Houzz is “a platform for home remodeling and design, bringing homeowners and home professionals together in a uniquely visual community. A place to browse and save beautiful home photos. A place to find the right design and construction professionals. A place to connect with others who have been there too.” Houzz is the perfect place to find inspiration and design help. You can shop by departments, find professionals, and go through photos by other home owners and designers.

Better Homes & Gardens

Better Homes & Gardens has “the best home decorating ideas, do-it-yourself projects, paint-color help, window treatment tips, and small-space solutions for your bedroom, bathroom, and living room. Plus, learn decorating basics with tips from our editors and expert interior designers. Here you’ll discover how to decorate small spaces, how to arrange furniture, and how to use decorating accessories.”

Casa Sugar

Casa Sugar is a wonderful site chock full of different design ideas, house tours, lists of favorites, and just tons of inspiration for decorating your condo. From budget designing to DIY, decorating essentials, tips and tricks, and so much more.

Elle Decor

Elle Decor is your one stop shop for home tours, design, style, travel, and shopping. Elle Decor is a very chic website with endless inspiration for your design needs. There are so many elegant home decor inspiration and interior design ideas.

Nicole Gibbons Style

Nicole Gibbons Style is a website where Nicole Gibbons herself celebrates stylish living. Her website has has more than just decorating, there are also accompanying  entertainment and lifestyle sections. There are plenty of tips and tricks, makeovers, DIY projects, and so much more.

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What You Need to Know About Rent to Own Condos

Why People Choose the Rent-to-Own Option

The two most common reasons that people choose the rent-to-own option are:

  1. They have poor credit
  2. They don’t have the finances for a mortgage now, but will likely have it in the near future.

It’s important to remember that usually you have to be able to qualify for a traditional mortgage within a few years of moving in. If you don’t have the ability to put down the mortgage, you may lose all of the extra money you’ve been putting in.

How do Rent-to-Own Condo Arrangements Work?

All of the rent-to-own condo agreements are going to be different, each state will have its own requirements and regulations. However, a typical rental-purchase agreement will involve the renter/buyer having the option to purchase the property after a set period of time. This time period is, on average, 3 to 4 years. This will be achieved by an option payment, which is typically a one-time payment to the seller offering the buyer the option to purchase the condo at the end of the period. On average the option price is typically 3% of the total purchase price. Usually the option price will be 2.5% to 7%, which is substantially less than the 20% down payment of most mortgages.

How do Rental Payments Work for Rent-to-Own Condos?

The renter/buyer agrees to pay the full amount of rent during the lease, but a percentage of the rent will be applied towards the purchase price. This percentage, which is on average 25% of the rent, will become the rent credit.

When are Rent-to-Own Condos a Good Idea?

Rent-to-own condos are a great option for those who are recovering from bad credit or for those who aren’t ready to make the down payment on a mortgage. Rental-purchase agreements give the potential homeowners a chance to build up a good credit history and some additional time to save money.