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Rent vs Buy : Nationwide Real Estate Advice

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  • Home Buying258K
  • Home Selling43K
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Activity 1,407
A few minutes ago
Janet.cook.0622 asked:
Sat Apr 22, 2017
Mommajuggs13 asked:
ones you have on here are for only for a year and i need it for a long time then that,so if you could help me out even if it is a four bedroom would be fine.
0 votes 0 Answers Share Flag
Sat Apr 22, 2017
Tyler Meinel answered:
for more information to learn more on loan mortgage financing
0 votes 17 answers Share Flag
Fri Apr 21, 2017
Debbie Bentley asked:
Not sure ready to give up, paid for,home here. Would it be more sensible to rent? Also I'm 64. Renting and down sizing are in my thoughts.
Can you help?
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Thu Apr 20, 2017
Mary answered:
Hi,

Unfortunately, we currently do not have listings for rent to own homes. You may try your luck though and search our website using the Keyword section of the search filter which can be found in the All Filters button. However, these listings are extremely rare.

Thank you for using Trulia!

Mary
Consumer Care Advocate
... more
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Wed Apr 19, 2017
Alan May answered:
Trulia is merely a website. They don't have any agents at all.
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Fri Apr 7, 2017
Mary answered:
Hello,

I am Mary from Trulia Consumer Care. Unfortunately, we currently do not have listings for rent to own homes. You may try your luck though and search our website using the Keyword section of the search filter which can be found in the All Filters button. However, these listings are extremely rare.

Thank you for using Trulia!


Mary
Consumer Care Advocate
... more
0 votes 1 answer Share Flag
Sat Mar 25, 2017
Kathy Burgreen answered:
As a former realtor, prices for 2 bedroom rental apartments in the Bronx start at $2,000. and go up. In Manhattan, prices start at $4,000. In Queens and Brooklyn, prices start at $3,000.

If your income is $120,000. you need to cut your expenses and increase the amount for rent. Work out a budget that you can stick with and one that you can afford a 2 bedroom for $2,000.+
... more
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Wed Mar 22, 2017
NC17 asked:
Hello, I am agonizing over the decision to rent or buy... Our current situation is 1 bed 1 bath rental for $1125 per month, includes heat, hot water, cable, internet, garbage. Lease is up…
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Tue Mar 21, 2017
Maricris A answered:
Hi,

At this time, unfortunately, we currently do not have listings for rent to own homes. You may try your luck though and search our website using the Keyword section of the search filter which can be found in the All Filters button. However, these listings are extremely rare.

Regards,

Maricris
Consumer Care Advocate
... more
0 votes 1 answer Share Flag
Mon Mar 20, 2017
Gregg Pomeroy answered:
Hello, I'm a mortgage professional.

We have a program that goes down to a 580 credit score. You only need a 3.5% down payment and can even roll closing costs into the loan.

The best thing to do is to get a pre approval.

If you have any other questions or would like help with this you are welcome to get in touch with me.
... more
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Fri Mar 17, 2017
Danaagray asked:
Thu Mar 16, 2017
Simssasha6 asked:
Thu Mar 16, 2017
Kathy Burgreen answered:
Rent to Own is a scam and the worst thing for people like you. You will need to sign a contract that states you will pay a large upfront deposit + the regular month rent + a premium amount every month. The premium amount goes towards the purchase of the home and the deposit is to secure your interest in the home.

However, the negative side is after the rent term is finished and you do not buy the home, you lose all the money you paid because the seller / owner keeps it all. The contract states there are no refunds and you will lose thousands of dollars. You need to know that the seller /landlord is still the owner and retains the title so after the rent term is finished, if you do not qualify for a mortgage loan, or if you change your mind and want to buy a different house - well, the owner will keep all your money and will not sell the house to you. Yes, the contract does say this.

Face reality - you need to continue renting, save your money and improve your credit. Then apply for a loan and buy a house the regular way. Sorry, but you need to think - why would a seller get involved in Rent to Own unless they can make a profit and earn money from foolish people like you.
... more
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Thu Mar 2, 2017
Rachelavalos25 answered:
My is Rachel Avalos and i have bad credit and i also have an eviction on my record I'm staying at a friends house in the living room floor with my family i have a daughter that is about to have her baby by the end of the month if you can please help us my number is 480-548-2120 I really would appreciate it thank you or you can email me at Rachelavalos25@gmail.com ... more
0 votes 30 answers Share Flag
Thu Feb 23, 2017
Terry Bell answered:
Lease Options are usually offered by sellers when the market is slow and the seller is willing to either do owner financing, or wait till the market improves and lease to you in the meanwhile. Right now the market has picked up, and you are unlikely to find any situations like this. I am recommending that you consider a starter condo or a manufactured home and build up some equity. Right now there are some grants towards HOA dues to help out! ... more
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