You’ve found the perfect home. You qualify for the mortgage, and you can afford the monthly payment. The only problem? You don’t know how you’re going to scrape together enough cash for a down payment. This is not a rare problem. Say you’re buying a home for $200,000. A down payment of 10% is $20,000. A 20% down payment is a whopping $40,000. Even a modest down payment of 5% will run you $10,000. That’s a lot of money. It’s especially daunting if you’re a first-time buyer who can’t rely on the
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Most people would not be surprised to learn that rent-to-own is an expensive way to buy something, but I was shocked to learn how expensive this really is. Rent-to-own makes payday loans look like a bargain! I did some digging into the cost of buying an item with a rent-to-own plan versus other methods. Let’s consider an LG 60″ 4K TV, model 60UF7700. At my local rent-to-own store, the “90 days same as cash” price for this TV is $2,807.03, and I was presented with several payment
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This is the third in a series about the changing models of corporate innovation co-authored with Evangelos Simoudis. Evangelos and I are working on what we hope will become a book about the new model for corporate entrepreneurship. Read part one on the Evolution of Corporate R&D and part two on Innovation Outposts in Silicon Valley. —– Corporate Leadership’s Innovation Outpost Decision Process Today, large companies are creating Innovation Outposts in Innovation Clusters l
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from Royalty Mart http://royaltymart.com/2015/12/08/4-easy-ways-to-start-saving-for-a-down-payment-on-a-home/
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