Rent vs Buy in Florida : Questions & Answers

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Thebruds, Home Buyer in Miami, FL
Thebruds asked:
Rent vs. buy for 2 years. My daughter & husband will be moving to Miami. She has a 2 year job committment with the DOJ. My husband and I would be in a position to buy property, we are thinking under 125,000,…
0 votes Share Flag Sun Apr 26, 2015 Rent vs Buy in Miami
Sue Archer R…, Real Estate Pro in Tampa, FL
Sue Archer Reynolds answered:
we are from out of state. Clueless of Tampa area. Looking for a good suburban area, young growing family. My husband will commute to USF hospitals.
I agree with the other respondents. Rent first, then buy. You mention that you have a young family. If schools are important to you I might check out areas based on the schools in diffe ... more
0 votes Share Flag Fri Apr 17, 2015 Rent vs Buy in Tampa
Suzanne MacD…, Real Estate Pro in 07856
Suzanne MacDowell answered:
Relocation: rent vs buy
In most locations it is now cheaper to buy than to rent. If you have the down payment and can quality for a mortgage I recommend buying. Interest rates and home prices are still at hi ... more
0 votes Share Flag Mon Apr 6, 2015 Rent vs Buy in Winter Haven
Andrew Palum…, Real Estate Pro in Durham, NC
Andrew Palumbo answered:
moving from out of state for a 5 Year MD residency. we are debating if it would be best to buy or rent. We need to be sure that we sale in 5 yrs
Not sure about your area but hear in the Triangle area of NC it is clearly a better option to buy. We were just updating our numbers for a client earlier this week and even if the mark ... more
0 votes Share Flag Sun Mar 22, 2015 Rent vs Buy in Tampa
Javier Olmedo, Real Estate Pro in Coral Gables, FL
Javier Olmedo answered:
Hello, I would like to know what is the best way to go about trying to find a Rent-to-Own property in the Miami, FL surrounding areas?
Rent to Own right now seems to be as extinct as the dinosaurs due to the high demand of properties. I am not in agreement that it is a bad idea, if you can find one. The chances, howe ... more
0 votes Share Flag Thu Mar 19, 2015 Rent vs Buy in 33140
Will Russell, Real Estate Pro in 32080
Will Russell answered:
I'm looking to relocate from Pennsylvania to st. Augustine florida with two grandkids teen girl 15yrs old and a 7 yrs old boy.
Good choice. St. Augustine is awesome! Top schools, great weather, and affordable housing. You can find nice homes for a decent price. Some even qualify for 100% financing.
0 votes Share Flag Tue Feb 24, 2015 Rent vs Buy in Saint Augustine
Rafael A Vel…, Real Estate Pro in Miami Beach, FL
Rafael A Velasquez answered:
Should I rent or buy a condo in Miami Brickell/Downtown/Midtown?
Unless you know theses areas, I would recommend renting for at least 6 months first. Brickell is certainly the most developed and priciest area of those you mentioned. Downtown and Mid ... more
0 votes Share Flag Sun Jan 25, 2015 Rent vs Buy in Miami
Mailer EL Sa…, Home Buyer in West Palm Beach, FL
Mailer EL Salvaje answered:
hola necesito renta una casa con opcion a compra in naples fl alguien me pudiera ayudar
necesito rentar una casa en naples fl
0 votes Share Flag Mon Jan 12, 2015 Rent vs Buy in Naples
Marjorie Bea…, Real Estate Pro in West Palm Beach, FL
Marjorie Beaton answered:
Hello I would like to know if you have any Rent to Own homes in the West Palm Beach FL area. And if so how do I see a listing.
Rent to Own is a very generic phrase and can mean many different things. As with any Real Estate transaction you can usually negotiate the terms. If you enter into a 'Lease with an Opti ... more
0 votes Share Flag Mon Jan 5, 2015 Rent vs Buy in West Palm Beach
Betty Salas, Real Estate Pro in 32159
Betty Salas answered:
Buying or renting in Inverness, FL 2015 We prefer villa or condo life because of maintenance free living. Which is better ?
Hello,

It would be hard to tell you what you would prefer without getting to knowing you. Contact me and we can discuss what might fit your needs.

Happy searching!


Betty Sala ... more
0 votes Share Flag Tue Dec 23, 2014 Rent vs Buy in Florida
Diane Christ…, Real Estate Pro in Sarasota, FL
Diane Christner answered:
Is it better to rent in the Tampa Bay area?
Should I rent or buy a home? There are a number of calculators on the Internet to help you reach a decision, but some get quite complicated and others do not factor in necessary inform ... more
0 votes Share Flag Mon Nov 17, 2014 Rent vs Buy in Tampa
Alison Rowe, Real Estate Pro in Tampa, FL
Alison Rowe answered:
What is the most cost efficient housing option for a college student?
I always consider buying a more financially smart decision if you can find a home that is affordable and a good deal. Especially if you plan to get a job after you finish college you w ... more
0 votes Share Flag Sat Sep 13, 2014 Rent vs Buy in 33634
Michael Jose…, Home Owner in Gulf Breeze, FL
Michael Joseph answered:
Buy vs. Rent - 2 years in Orlando, Relo covers majority of costs
The Orlando Sentinel just had an article about the amount of inventory on the market in Orlando and the decrease in the amount of sales. I would do a lot of research and consider what o ... more
0 votes Share Flag Mon Jul 28, 2014 Rent vs Buy in Orlando
Frank Gaudino, Real Estate Pro in Jupiter, FL
Frank Gaudino answered:
Is there anyway I can find a Valid Rent to Own property? Everywhere I go I feel like I am being scammed.
Like my fellow professionals have stated, rent to own's have seem to become more rare as the market conditions in our area have gotten better and better for sellers. With property valu ... more
0 votes Share Flag Fri Jul 18, 2014 Rent vs Buy in 33458
Harold Lear, Real Estate Pro in San Diego, CA
Harold Lear answered:
I just read about lease/option. What is that? Is that something available in the 33914 area near Oasis Middle School? What is required?
We have a lease option program we call it Mortgage Alternative Program... This is how ours works...Minimum fico 500, 50% Debt to Income Ratio, 5% to 10% down, determined by your credit ... more
0 votes Share Flag Thu Jun 12, 2014 Rent vs Buy in 33914
Dlinda70088, Renter in 32819
Dlinda70088 answered:
Mi esposo y yo pensamos mudarnos para Orlando próximamente. Queríamos una casa con escuelas buenas cerca, centros comerciales, hospitales etc.
De Puerto Rico a Orlando...Hemos considerado kissimme, Tampa, Sanford, Winter Park, Seminole,Occeola...
0 votes Share Flag Fri Apr 11, 2014 Rent vs Buy in 32819
Margus Mahar, Real Estate Pro in Orlando, FL
Margus Mahar answered:
hello! we are a first time buyers!we just had our second baby so now we need a bigger house and also tired of renting.little down.
Hi Nadia,

First of all - congratulations on your decision of becoming a home owner. There are lot of financial benefits of owning your own home. I'm sure your accountant will (or alr ... more
0 votes Share Flag Sat Mar 15, 2014 Rent vs Buy in Kissimmee
Steve (888)…, Real Estate Pro in 33480
Steve (888) 662-4404 answered:
Does Tampa offer a lease to buy option or my real question. Does anyone still rent homes anymore?
This can be a great option for many who can't buy right now but would like to secure a deal at these current low prices.The problem is, many realtors will claim these options are not av ... more
0 votes Share Flag Fri Feb 14, 2014 Rent vs Buy in Tampa
Gary Hitchco…, Real Estate Pro in Parkland, FL
Gary Hitchcock answered:
Dreaming to be a homeowner...
Totally agree and most sellers will not do RTO in a seller's market, why lock in price today when prices are going up ? Work on credit, save for down payment and closing costs, etc, F ... more
0 votes Share Flag Wed Feb 5, 2014 Rent vs Buy in 33411
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