Rent vs Buy in Chicago : Advice

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Attorney Ranj…, Real Estate Pro in Chicago, IL
Attorney Ranj Mohip answered:
I'm looking for a rent to own house,where can I find listings
You will have a better chance approaching rentals with a rent-to-own proposition than homes listed for sale. You will also want to engage an attorney to review or draft the agreement. ... more
0 votes Share Flag Wed Nov 5, 2014 Rent vs Buy in Chicago
Steve Quinta…, Real Estate Pro in Albuquerque, NM
Steve Quintana answered:
How do I qualify for Section 8 housing. Looking for a house to rent on the South Eastside of Chicago
My understanding is the City has a department where Section 8 housing is administered. That is a good place to start.
0 votes Share Flag Mon Sep 1, 2014 Rent vs Buy in 60619
Sally Grenier, Real Estate Pro in Longmont, CO
Sally Grenier answered:
I'm looking for a rent to own house,where can I find listings
Rent to own is never a good idea, especially for the buyer. Either you're going to rent, or you're going to buy. Rent to own was more common when we were in a buyer's market and selle ... more
0 votes Share Flag Thu May 1, 2014 Rent vs Buy in Chicago
Debra (Debbi…, Real Estate Pro in Livingston, NJ
Debra (Debbie) Rose answered:
I want to try rent to own do you think that is a good way to go if your credit history is not that good?
jancooper - so glad to read below that you decided to put effort into working on your finances - building up your credit and planning for the future when you can buy a home in the "usu ... more
1 vote Share Flag Fri Apr 4, 2014 Rent vs Buy in 60652
Annette Lawr…, Real Estate Pro in Palm Harbor, FL
Annette Lawrence answered:
How do you know if a rent-to-own is for real or a scam?
If a RTO is written in any way that allows the tenant/buyer ANY control interest in the home this will very likely fall under the provision of the Dobbs Franks Consumer Protection Act.( ... more
0 votes Share Flag Tue Feb 11, 2014 Rent vs Buy in 60618
Deborah Smith, Real Estate Pro in 60452
Deborah Smith answered:
should I rent or should I own?
First step is to contact a lender that will run the figures on the amount you are qualified to purchase in a home. A home is the most financial purchase that you will make in your life ... more
0 votes Share Flag Fri Aug 9, 2013 Rent vs Buy in Chicago
Trusgold, Home Buyer in Chicago, IL
Trusgold answered:
Is it hard to get a rent to own single family home?
I jave a low credit score woyld I be eligible for a rent to own
0 votes Share Flag Fri Aug 9, 2013 Rent vs Buy in Chicago
Arlyn Tratt, Real Estate Pro in Deerfield, IL
Arlyn Tratt answered:
Is it possible to get rent to own town homes or condos in Schaumburg?
Fatima,
I have a great rental program that is just rolling out now.
It's great if you are looking for a rent to own, or just to rent.

If you are looking for a rent to own it allows ... more
0 votes Share Flag Sun Nov 25, 2012 Rent vs Buy in Chicago
Arlyn Tratt, Real Estate Pro in Deerfield, IL
Arlyn Tratt answered:
hi my name is cassandra harris and i would like rent to own a five bedroom house on the west side of chocago
I have a great rental program that is just rolling out now.
It's great if you are looking for a rent to own, or just to rent.

If you are looking for a rent to own it allows you to h ... more
0 votes Share Flag Sun Nov 25, 2012 Rent vs Buy in Chicago
Alonzo Abron, Real Estate Pro in Chicago, IL
Alonzo Abron answered:
how to I go about renting to own a home using my section 8 voucher?
I just went down to the section office downtown Chicago getting this explained to me. I've been hearing about this. This is very possible. There are requirements that need to be me ... more
1 vote Share Flag Thu Dec 29, 2011 Rent vs Buy in Chicago
Mike Wing, Home Buyer in DePaul, Chicago, IL
Mike Wing answered:
can 2000 get me anything out there?
I have a friend who is selling her refurbished studio in a highrise at Clark and Burton (one blk south of north ave) in Goldcoast for under $1000/mo including taxes, etc.. It's a ... more
0 votes Share Flag Tue Aug 3, 2010 Rent vs Buy in 60651
Cynthia, Other/Just Looking in Chicago, IL
Cynthia answered:
Rent Or Buy? My hubby's company is relocating us to downtown Chicago. It is likely that we will move again
Thanks to everyone for their helpful offers and suggestions. We nearly purchased but at the last minute decided to rent (Aquabuilding). It just didn't feel right to spend all of th ... more
0 votes Share Flag Wed Sep 30, 2009 Rent vs Buy in 60607
Joe Zekas, Real Estate Pro in 60654
Joe Zekas answered:
RENT or BUY: 3 years in Chicago, East of Kedzie, North of Irving Park
If your time horizon is 3 years you should lean toward renting – the one caveat being whether you can find the home you want within the rental market.

You have a huge variety ... more
0 votes Share Flag Sat Jan 31, 2009 Rent vs Buy in Chicago
Christopher.…, Real Estate Pro in Chicago, IL
Christopher.Thomas answered:
Should I go through with the pre-construction purchase or walk away the 50K earnest money already paid?
Dear Windycitygolfer,

I'm late to your thread, and you have a number of good responses here. I'd add the following:

Hire a real estate attorney if you don't already have one to r ... more
0 votes Share Flag Mon Dec 22, 2008 Rent vs Buy in 60605
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