Rising interest rates are putting more and more aspiring homeowners between a rock and a hard place. When you can’t afford a mortgage for your dream home, you can compromise on a lesser house (if it even exists in your area). Or keep renting, forgo equity, and cross your fingers that things will change. Or… Continue reading Higher Interest Rates Make Rent-to-own Right, Right Now
Located on the shores of Lake Erie, Cleveland boasts a population of 383,331 and is the second largest city in Ohio. Trailing in size to only Ohio’s capital, Columbus, "The Forest City" has long been known for being one of the most affordable metro areas in the United States, making it an attractive place for… Continue reading Historic Home Price Appreciation in Cleveland Continues to Uproot Market
Our mission at Divvy is to make homeownership accessible to everyone, but in order to do so, we need to understand the historical practices that have led to mass housing injustice. At Divvy, we’re committed to taking a hard look at the housing industry to understand the role systemic racism has played, the state of… Continue reading Understanding and Dismantling Systemic Racism in Housing, Part 3
Our mission at Divvy is to make homeownership accessible to everyone, but in order to do so, we must understand the historical practices that have led to mass housing injustice. At Divvy, we are committed to taking a hard look at the housing industry to understand the role systemic racism has played, the state of… Continue reading Understanding and Dismantling Systemic Racism in Housing, Part 2
While rent to own programs can be a great fit for some people, it all depends on what’s in the contract. So, you’re interested in a “rent to own” program? That probably means you are an aspiring home buyer who has been declined for a mortgage or who simply needs a little more time to save… Continue reading The Pros and Cons of Rent to Own