Hello Diana, there are plenty of rental scams on all sites. If you figure out what cities/zip codes you are considering, minimum number of bedrooms and the maximum payment/price you are looking to achieve and you can be emailed listings to fit your search criteria.
Beware of the many rental scams out there these days on all sites. The scams are on all of the rental listing sites except one that us agents/broker use such as mls, multiple listing service. You should not give anyone any funds or personal information without confirming with a licensed agent/broker or management company to find out whom you should be dealing with and the status of any address of interest.
You should study RENT vs BUY options as you may qualify to buy with minimum out of pocket expenses and pay less than rent in many cities. I set you up to receive daily automatic emails to fit your search criteria so let me know if you see any of interest. You may have to check your junk mail or spam folder as they end up there too...
You may qualify FHA from fico scores between 500-579 with 10% down or minimum 580 fico score may qualify FHA 3.5% down or as low as .5% half percent down payment program. You may consider 3% down conventional from a minimum 620 fico score.
The rentals in Corona start from $1,050 for 1bd 1ba apartment, $1,300 for 2bd 1ba condo and the single family homes start from $1,500 for 3bd 2ba home. The purchase start from 129k for 1bd 1ba condo, 164k for 2bd 2ba condo and the single family homes start from 199k for 2bd 1ba home which is as low as $1,000 down payment with a minimum 580 fico score.
Your qualifications will be determined by your credit profile, debt to income ratios, fico scores, loan program and how much you want to invest into the down payment and closing costs. If you have credit issues, your credit scores can be raised within 3-4 days in most cases to qualify for programs, rates and terms as necessary.
It only takes a few dozen questions to qualify, go over your options and email you listings to study and compare. Here are some links to study as well as web reference links to many loan program pages offered...
Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran & VA/CalVet Loan Specialist
REO & Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
22+ Years Experience
9am till 5pm by phone Monday thru Saturday, Sundays by appt., EMAIL ANYTIME 24/7
Under640FicoScoreLoans@gmail.com or HomeLoans4U@live.com
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In my experiance many rent to owns are scams. You would be better off renting and saving a downpayment. Then after you have a downpayment purchasing a home. Keep in mind many homes a be purchased with as little as 3.5% down. Give me a call and we can discuss your options.
Realty One Group
Bre 01135485... more
Set up a fake email address & email the scammer saying that you want to rent the house for $500 more than they're asking. When the scammer replies, tell them to call you on your "new" work # & give them a local number (not an 800#) that goes directly to a police department or an FBI office, Fraud Division.
Then send another email to the scammer & tell them how much you'd like to meet them at the rental property with your friends from work.
I don't look back on this same Trulia posting for Answers or REPLIES posted after mine.
Emily S. Knell
Realtor Since--- 1996
Realty ONE Group
BRE# 01211967... more
Why are there scams on Trulia Rentals? Because scammers found a new route to free cash. Anyone can copy nice pictures off the internet, create a new email address and say they are out of state so tenants must send them the money...and they do.
Deal with a licensed agent... http://www2.dre.ca.gov/PublicASP/pplinfo.asp?start=1 .....or deal face to face in the property you wish to rent. Also, google the address before you consider it to see if it's listed somewhere as something other than a current rental.
Also, you can try looking directly at the MLS for rentals/leases:http://www.immobel.com/mrmls/
These listings are input by agents. Their license number is used and their license is at stake if there is any type of scam involved. This is the exact same MLS used by Realtors. It is just a public access site so there is some private information that is not included.... more
If tenants ordered and paid their own utilities, then it is an agreement between them and the utility company. If you provided utilities included with the rent, or ordered it in your name, it is yours.
That is not to say that the utility company can not try to deny service to that address, which I don't believe they should be able to do. However, in that case, one route may be to pay it and take the tenants to small claims court. The other is to argue with the utility company that you weren't the one who ordered the service so they need to take it up with the tenants, which again, could put you back in small claims court or with an attorney.
All of the above is strictly my opinion and I don't profess to be an attorney.... more
The best way to do this is locate homes you like for rent and ask the seller if they may want to sell eventually. Writing up a contract with a sales price and terms now is unwise because it almost ensures that one of you will be unhappy. Should that happen, it can become messy, frustrating and legally challenging. That is because the Real Estate market is always changing.
It would be useful to know if the possibility may exist to purchase the home you're thinking of renting. It may also be useful to know if the seller has equity and how much. By that you may find out if they may entertain the idea of financing all or part your purchase if that's what you want (or if you could be the unwilling front row witness to a short sale or foreclosure). Have a chat with the landlord about the possibility to see what their plans are for this rental and if it is possible that they don't plan to hold on to it.
Something to know during this is that some investors will decide to live in the property themselves for a couple of years before selling it to avoid capitol gains taxes. This will be to fulfill the rule that an owner must live in the property as their principle residence for 2 out of the 5 years preceding the sale.... more
I always suggest you enlist the help of a professional Realtor or rental agent to find a good property. That way, you get the correct info without wasting your time. Also, they can make sure the home you're wanting to rent is not in foreclosure like so many others I come across on the market "For Rent". Good Luck!... more