Model home leasebacks are really sweetheart deals. At least the ones that are located in growing real estate markets. Be careful of states that have troubled real estate economies trying to “pay” you to take them off their hands. My motto is, “If it’s easy to buy, it’s probably hard to sell”. In good markets [...]

The short answer is no. You really don’t want the furniture anyway, well maybe the barbecue grill. Most of the furniture is really “stage” furniture, fairly inexpensive but looks like it cost a fortune kind-of-look. I have seen Investors insist that the builder include furniture with the deal. The builder finally relented and when the [...]

Most builders will only sign a renewable 1-year lease. There are a couple of reasons for this. One is that many of their accounting policies require them to accrue the full term of the lease in the year it is written. So, if you had a 4-year lease, the builder would need to set aside [...]