"We want to make sure that he is not taking advantage of the system. Find jobs, benefits and insider info about Divvy Homes, a Fintech, Real Estate, Sales company in. Not everything he wants is an issue of safety or health, said Brian Ma, Divvy's chief executive. The company admits some fault, but thinks too that Cardinale just may be a bit too aggressive in what he has asked, including asking to have his sneakers replaced because they were ruined by sewage under the house. So when he felt Divvy wasn't living up to its end of the bargain, he went to city officials and to local media – including Atlanta Progressive News, where he is news editor. It has to pay for repairs that bring it up to code – regardless of the cost, regardless of whether the expense interferes with the company's business plan.Ĭardinale is an experienced housing advocate, a law student who has already appeared on his own behalf in court and a long-time renter who says he really wants to own a home.Įspecially one in an up-and-coming neighborhood that is not too far from a trail to the Belt Line. Founders Adena Hefets, Alex Klarfeld, Brian Ma, Nicholas Clark. ![]() But once it had spent about $12,000 on repairs to Cardinale’s home, it called halt.ĭivvy is the landlord, Cardinale says, so the law is clear about the company's responsibilities. Headquarters Regions San Francisco Bay Area, West Coast, Western US. “That’s just not fair.”Ĭardinale called Divvy. At Zillow Home Loans, we can pre-qualify you in as little as 3 minutes with no impact to your credit score. “They probably should have done more diligence up-front on the house, and now they want to take away my house,” Cardinale said. ![]() And after three years, he could buy the home for $146,000. He was to pay $1,250 a month, some of which went into a fund for a larger down-payment. ![]() Others have decent income now but a sketchy credit history.īut if customers can make the monthly payments to a Divvy-owned house, they can build equity and eventually buy it, the company said.Ĭardinale said the deal called for him to put down $4,500. Many people – especially younger households – do not have the large down-payment needed to buy a home. Executives told The Atlanta Journal-Constitution in February that they have an ambitious plan to tap the market's potential. The company targeted Atlanta because it's a big housing market.
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