Rent vs Buy in Philadelphia County : Advice

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Trevor Curran, Real Estate Pro in Bronx, NY
Trevor Curran answered:
I am looking to repair my credit and possibly rent to own. I really need some expert advice in this process. Any suggestions?
Good morning Elana,

Rent To Own is a better deal for the Seller than it would ever be for a potential Buyer.

Key Points of Rent-To-Own:
• Portion of monthly rent payment i ... more
0 votes Share Flag Fri Oct 18, 2013 Rent vs Buy in 19139
JeffDelaCost…, Home Buyer in Philipsburg, PA
JeffDelaCosta90 answered:
Is it a good investment to buy a condo and use it as a rental property?
Yes this is a good investment primarily because condominiums are usually high in demand in urban areas where there are a lot of office workers who want to access their places of occupat ... more
0 votes Share Flag Sat Sep 21, 2013 Rent vs Buy in Philadelphia
Amareco2330.a, Home Seller in Philadelphia, PA
Amareco2330.a answered:
i really want to rent to own but i don't know where to start?
Jillian, I have a Lease/Purchase offering for you, but you need about 200K in upfront money. If so, go to Zillow.com and type in the address: 2330 St. Albans St., Philadelphia and loo ... more
0 votes Share Flag Tue Jul 30, 2013 Rent vs Buy in 19104
Christina Fe…, Real Estate Pro in West Chester, PA
Christina Ferriello answered:
I plan to stay in center city Philadelphia for about 7 years. Just wonder if I should buy or rent? What factors should I be considering?
Just to add to what has already been said on this topic..........

I agree that it is all about the numbers. In the long run you may spend more on a rental, but the real question I wo ... more
0 votes Share Flag Sun Apr 28, 2013 Rent vs Buy in Center City East
Debra (Debbi…, Real Estate Pro in Livingston, NJ
Debra (Debbie) Rose answered:
Looking for a real estate company who have properties for rent to own. My credit needs tuning and Im a first-time homebuyer. Any references.?
I am going to echo what Mack said --- don't do it!

You may be tired of renting, but your credit is bad for a reason.
You need to work on that first before you even think of buying a ... more
0 votes Share Flag Thu Jan 31, 2013 Rent vs Buy in Philadelphia
Philip J. Cu…, Real Estate Pro in Philadelphia, PA
Philip J. Cunningham Sr. answered:
Hi my name is Joceln Morales and i have bad credit, I need to find a real estate agency that can help me find a rent to own house
Give me a call and I'll see if I can help you a Rent to Own may not be to your advantage there are other means available to you 215-725-5700 X49

Philip J. Cunningham Sr
V.I.P. Real ... more
0 votes Share Flag Mon Jul 16, 2012 Rent vs Buy in Philadelphia
Jim, Home Owner in Philadelphia, PA
Jim answered:
Trying to move out my fiance mother house asap. Been looking for a house to rent to own for a couple of months now
Check out Sorented.com if you are in the market for a new home or rental. It houses all of the homes for sale in Philadelphia plus the surrounding areas,it also has a huge selection of ... more
0 votes Share Flag Mon Jul 16, 2012 Rent vs Buy in Philadelphia
Nicholas Syl…, Real Estate Pro in Philadelphia, PA
Nicholas Sylvestro answered:
im looking for a rent to own house in west philly.
There are a few I no of. You can contact me at 267-228-3910
0 votes Share Flag Sat May 19, 2012 Rent vs Buy in Philadelphia
Alan Openshaw, Real Estate Pro in Warminster, PA
Alan Openshaw answered:
The home im interested in has just dropped another 15,000 in price but i do not qualify for a mortgage. how likely is a seller to lease instead?
Changing jobs does not automatically mean that your income will not be considered.
What job did you have and what job did you get and how long were you laid off in between.

Alan
0 votes Share Flag Sat May 19, 2012 Rent vs Buy in Northeast Philadelphia
Bill , Real Estate Pro in Philadelphia, PA
Bill answered:
hello. Im lookin for a rent to own property. Can you help with this?
Greetings Kenya,

I have a rent to own here in South Philadelphia and you are
welcome to contact me asap!


Landlord
June
0 votes Share Flag Mon Apr 23, 2012 Rent vs Buy in Northeast Philadelphia
NonRealtor, Other/Just Looking in 23456
NonRealtor answered:
60 year old female in excellent health. Love Center City, have rented 3 different apts in 6 yrs, now must move again. Better to buy or rent again?
Hi Crrn,
Congratulation on selling at the peak 6 years ago. Rent. Owning a house is work and it isn't cheaper. Stack your cash in retirement accounts, where they are protected ... more
0 votes Share Flag Tue Jul 19, 2011 Rent vs Buy in 19102
Andrew Brown, Real Estate Pro in Philadelphia, PA
Andrew Brown answered:
Looking for a townhouse/condo community in the Philadelphia Metro Area. Any suggestions?
It depends on whaat area of Metro Philadelphia you are speaking of. Different areas have different pricing. You can email me directly with the areas of your choosing and I will send yo ... more
0 votes Share Flag Thu Jun 2, 2011 Rent vs Buy in Philadelphia County
Bruce Lang, Real Estate Pro in Philadelphia, PA
Bruce Lang answered:
what is rent to own & how does it work?
This is a very good questions as few understand it. I naive answer is that whatever is paid in rent gets applied towards the purchase. In fact, rent to own is all about the detail of ... more
0 votes Share Flag Tue Feb 1, 2011 Rent vs Buy in Northeast Philadelphia
Davide Salaf…, Real Estate Pro in Rochester, NY
Davide Salafia answered:
what is rent to own & how does it work?
A Lease-Purchase or Rent to Own is a contract that allows the buyer the opportunity to take possession of the property before closing. In a Lease-Purchase a contract and a lease are neg ... more
0 votes Share Flag Tue Feb 1, 2011 Rent vs Buy in Northeast Philadelphia
Gene Fish, Real Estate Pro in 19006
Gene Fish answered:
Where to find rent versus buy statistics for Philadelphia?
Dear Naum,

You may read the blog at http://kcmblog.com/2010/10/11/where-to-rent-and-where-to-buy/

According to Trulia Report Price-to-Rent ratio for Philadelphia Is equal to 17. ... more
0 votes Share Flag Mon Oct 11, 2010 Rent vs Buy in Philadelphia
Timothy M. G…, Real Estate Pro in 19128
Timothy M. Garrity answered:
is the house at 6035 delancey st for rent?
Hi, Lorraine.

I'm not finding any information on the MLS regarding this property. Is there something you're looking for?

Let me know how I can help.

Best,
Tim

Tim ... more
0 votes Share Flag Sat Aug 28, 2010 Rent vs Buy in Cobbs Creek
Bill Eckler-…, Real Estate Pro in Venice, FL
Bill Eckler-Florida, answered:
how do i find rent-to-own homes that are not foreclosure properties? it seems like this would be a good idea for someone moving to a new area.
Too.....

Rent to own or "lease options" are currently very popular ways of acquiring real estate. Especially for people that are looking for creative ways to avoid a large ... more
0 votes Share Flag Tue Jun 15, 2010 Rent vs Buy in Philadelphia County
Carmel Archd…, Real Estate Pro in Philadelphia, PA
Carmel Archdekin answered:
I am considering living in the old city, northern liberties, fishtown area. I will be in the area for 4 to 5 years at least. Should I rent or buy? I
Hello Rice
I live in Fishtown and my office is in Old City so I am very familiar with these areas and I used to work in Northern Liberties. If you are going to be in Philadelphia for ... more
0 votes Share Flag Tue Mar 16, 2010 Rent vs Buy in Philadelphia
Lesley Denney, Real Estate Pro in Millington, TN
Lesley Denney answered:
im a 24 y/o male construction worker currently with an apt in feasterville, pa im paying 900 a month rent
Good Afternoon Steve,

I have read and re-read some of the comments/answers to you and I truly believe that everyone knows what is going on in the country at the moment, and parts of ... more
0 votes Share Flag Wed Jan 28, 2009 Rent vs Buy in Philadelphia
Everard Kort…, Real Estate Pro in 17543
Everard Korthals answered:
Will it be better for me to rent or buy if I only plan to live in Philadelphia for about 4 or 5 years?
During an earlier career I moved 10 times and never made money on my house sale .Every time I was at the wrong time in the wrong place for buying and selling. Only one time I made a kil ... more
0 votes Share Flag Sun Feb 10, 2008 Rent vs Buy in Philadelphia
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