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Lynn911.com Top Dallas Realtor Blog

Dallas homes for sale, Dallas apartments for rent, Dallas foreclosures

By Lynn911.com Dallas Real Estate Agent | Agent in Dallas, TX

Dallas Homes For Sale - Why Purchase Now - Dallas Houses For Sale By Owner Dallas

- Dallas Houses For Sale By Owner Dallas 

dallas homes for rent by owner dallas houses for rent by owner lynn911.comDallas homes for sale WHY PURCHASE NOW - I am continually asked this question

Allow me to provide you food for thought Dallas home buying vs. Dallas homes for rent rent

Dallas homes for rent a home requires the following secure an executed lease agreement

Average Dallas home for rent in 34 cities $1750 per month I will use this number as blog example: 

  1. Security deposit based on credit scores if above 630 payment $1750 NOTE IF YOUR CREDIT SCORES are below 630 prepared to pay double to triple deposits AND 1st months rent !
  2. 1st months rent $1750
  3. Pet deposit average of $300 - $500 based on property value and number of pets 
  4. $50 application fee per adult residing on property
  • Deposit     $ 1,750
  • Rent         $ 1,750
  • App          $   100
  • Sub Total  $3,600
  • Pets          $    300
  • Total         $3,900 - RENT A PROPERTY YOUR MOVE IN COSTS ! 

PURCHASE A Dallas HOME EXAMPLE $200,000 homedallas homes for rent by owner dallas houses for rent by owner lynn911.com

  • Inspection                 $   400 ( approx)
  • Appraisal                   $  400 (approx)
  • 3.5% down payment   $7,000 (approx)
  • Closing costs             $4,000
  • Total                         $11,800 (approx) amount to purchase $200K home
  • Rent                          -  3,900
  • Difference                  $ 7,900 additional you can OWN A HOME

NOT worth it cut down on some expenses save $7900 apply toward purchasing a home !

dallas homes for rent by owner dallas houses for rent by owner lynn911.comBENEFITS owning Dallas home vs. Dallas homes for rent

  • Your mortgage stays the same for fixed number of years
  • You own the home NEVER have to deal with landlord again
  • Property increases in value
  • You can customize the interior and exterior to your own specifications

dallas homes for rent by owner dallas houses for rent by owner lynn911.com

972 - 699 -9111


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