Yes you may qualify to rent or buy so 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. If you figure out what cities/zip codes your considering, minimum number of bedrooms and the maximum payment your looking to achieve you can then be set up to receive automatic daily emails to fit your search criteria.
It may be easier to qualify to buy than rent as you may qualify to buy FHA from a minimum 580 fico score and from 3.5% down or even as low as .5% half percent down payment program. Rentals usually require first, last and security. The rentals in 91360 zip code start from $1,500 for 1bd 1ba condo, $1,575 for 2bd 1.5ba condo and $2,400 for 3bd 1.5ba single family home. The purchase start from 375k for 2bd 1ba single family home in 91360 zip code. Here is a blog on RENT vs BUY.
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The LINK below reflects the 50 current rentals from our local MLS in the Conejo Valley. The search criteria includes 4 bedrooms or larger, plus 2,000 sf or larger. I hope this helps. (The link expires in 30 days)... more
Hi Candace, the short answer is that it's probably not a good idea. You'd be putting you and your family into a precarious position. I assume the owners are in a financial bind, so your rent goes in thier pocket and not to pay the mortgage. And since they are not paying mortgage and may loose the home to the bank, the maintainance of the home is probably non-existent. If they haven't paid the mortgage then have they paid the utilities? If not, you could end up in the dark. Last but not least, beware of the request for a big security deposit...you'd probably never see it again. Look for a better rental home, you'll sleep better at night .
The actual rental is across the street, at 1550 Lynn Road... Sorry, it was already rented at the end of December 2012:
SP % LP: 95.08 1550 Lynn RD, Newbury Park, CA 91320 Leased/Rented (12/27/12) DOM/CDOM: 38/38
Beds: 4 Baths: 3 (2 0 1 0) (FTHQ) Sq Ft: 2701 Lot Sz: 6970sqft
Area: NBPK Yr: 2012... more
We are well into the peak rental season and things are moving along nicely here in Ventura County.Â The supplyÂ of homes and condos for rent isÂ off slightly compared to June of 2011.Â As of this
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