Real Estate: Insurtech Lemonade Shares Strategies for Making Well-Planned Down Payments on Properties

Insurtech firm Lemonade has shared some important information regarding making down payments on properties.

Team Lemonade (NYSE:LMNDwrites in a blog post that when someone says they are “saving up” for a home, what they’re “really doing is saving up for a down payment.” The Lemonade team points out that it’s quite rare that someone “arrives with a property’s full value in cash.” However, this might actually be taking place a lot more in the current “feverish” real estate market, Lemonade claims.