Thanks to the likes of MTV Cribs and Architectural Digest, we often get sneak peeks into the homes of celebrities and get a sense of what they look for in a home... 20-car garages, Olympic-sized swimming pools, bowling alleys, helicopter pads, and so much more.
But what about entrepreneurs? Do you ever wonder what they look for in a home? Do they want boardrooms, ping pong tables, bean bag chairs, cold brew fountains, and endless walls of snacks.... or are they just regular people like us?
Well, we spoke to six YC founders to find out what features they prioritize when house hunting to get a better sense of what the home of an entrepreneur could look like.
Loop Health pays doctors to keep your employees healthy, not just treat them when they are sick.
StartPack helps non-US founders set up US based bank accounts so that they can accept payments from customers globally.
Safely Finance has created the first lending product focused exclusively on renters. With Safely Finance, tenants turn expensive up-front security deposits into simple monthly payments.
Forage runs virtual work experience programs for college students, with companies like BCG, JP Morgan, and General Electric.
Narrator is the first data platform to offer a library of McKinsey level analyses delivered the moment you need them.
Gather is the first project management software for People Operations.
To ensure that the buyer (and lender) is paying a fair amount for the home, buyers insert an appraisal contingency, which allows the buyer the ability to walk away from the purchase without penalty if the appraisal returns a value lower than a set value (usually the purchase price). Aside from walking away, the buyer can renegotiate for a lower price with the seller, request that their lender make an exception, and approve their loan as if the property had appraised to match the purchase price or make up the difference between the purchase price and appraised value via their own funds. In most cases, if the buyer makes use of the appraisal contingency to walk away, they are likely to receive a complete refund of their earnest money. However, buyers must be cautious and include this in the contract to avoid problems at a later stage.
We're constantly keeping up with the latest real estate trends and news - let us keep you in the loop!
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Serious about buying a home? Realtors prefer showing homes to buyers with a pre-approval letter. Learn the difference between pre-qualification and pre-approval, the benefits of a pre-approval letter, and why you need one.
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