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Rent vs Buy : Nationwide Real Estate Advice

  • All715K
  • Local Info60K
  • Home Buying262K
  • Home Selling44K
  • Market Conditions26K

Activity 1,438
Fri Aug 18, 2017
Stevenaallen90 asked:
0 votes 0 Answers Share Flag
Fri Aug 18, 2017
Stevenaallen90 asked:
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Wed Aug 16, 2017
Faith T answered:
Hi,

We currently do not have listings for rent to own homes. You may try your luck though and search our website using the Keyword section of the search filter which can be found in the All Filters button. However, these listings are extremely rare.


Thank you for using Trulia!

Faith
Consumer Care Advocate
http://www.trulia.com/help/ask/
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Mon Aug 14, 2017
Mary answered:
Hi,

Unfortunately, we currently do not have listings for rent to own homes. You may try your luck though and search our website using the Keyword section of the search filter which can be found in the All Filters button. However, these listings are extremely rare.

Thank you for using Trulia!

Mary
Consumer Care Advocate
http://www.trulia.com/help/ask/
... more
0 votes 1 answer Share Flag
Mon Aug 14, 2017
Mary answered:
Hi,

Unfortunately, we currently do not have listings for rent to own homes. You may try your luck though and search our website using the Keyword section of the search filter which can be found in the All Filters button. However, these listings are extremely rare.

Thank you for using Trulia!

Mary
Consumer Care Advocate
http://www.trulia.com/help/ask/
... more
0 votes 1 answer Share Flag
Sat Aug 12, 2017
Gailchartier59 asked:
So my question is I cannot decide if I want to buy another house,with all the responsibilties,I have no children or family,so who would I leave it to?Or should I rent a house?I do have 2…
0 votes 0 Answers Share Flag
Tue Aug 8, 2017
Sandeep1.topgims asked:
Alstrailers is the best RV Dealers, Service, Rentals & Sales in Portland, Eugene. We have all the brands of RV parts and Accessories. Visit for best RV models.

RV dealer Portland, RV…
0 votes 0 Answers Share Flag
Fri Jul 28, 2017
Mary answered:
Hi,

Please follow the instructions below on how to find a Section 8 rental listings.

1. Click the Rent tab on our homepage
2. Enter your desired area in the search bar and hit Enter
3. Click More, enter the keyword 'Section 8', and click Search.

Unfortunately, we currently do not have listings for rent to own homes. You may try your luck though and search our website using the Keyword section of the search filter which can be found in the All Filters button. However, these listings are extremely rare.

Thank you for using Trulia!

Mary
Consumer Care Advocate
http://www.trulia.com/help/ask/
... more
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Mon Jul 24, 2017
Bre Douglas answered:
Typically in this situation, you would apply for what's called a "subprime" mortgage. Lenders consider business owners "high-risk" due to not only a fluctuating income but also because (unfortunately) a lot of business fail. Your income appears lower than it actually is because of business write-offs with your taxes. With a subprime mortgage, the interest rate greatly depends on your credit score. Under 600- it will be pretty high, 700+, it will be comparable to a conventional mortgage. Also, you need to put down at least 10% of the purchase price.
(It's been awhile since I was a mortgage broker, but that is what I remember about sub-prime.. things may have/most-likely have changed).
Another option would be to do a lease purchase/ rent-to-own but sellers willing to do this are hard to come by.
Hope I helped a little.. there are options out there. You could always just talk with a mortgage lender and see if they can offer any other options. Good luck!
... more
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Mon Jul 24, 2017
Mary answered:
Hi,

Unfortunately, we currently do not have listings for rent to own homes. You may try your luck though and search our website using the Keyword section of the search filter which can be found in the All Filters button. However, these listings are extremely rare.

Thank you for using Trulia!

Mary
Consumer Care Advocate
http://www.trulia.com/help/ask/
... more
0 votes 1 answer Share Flag
Mon Jul 24, 2017
Pgbarrows asked:
We will only be there for approx. 3 years, and then receive a paid move to another location. Should we buy or rent for that 3 years?
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Mon Jul 24, 2017
Fpravato asked:
Sun Jul 23, 2017
Woodyk asked:
Fri Jul 21, 2017
Faith T answered:
Hi,

Unfortunately, we currently do not have listings for rent to own homes. You may try your luck though and search our website using the Keyword section of the search filter which can be found in the All Filters button. However, these listings are extremely rare.

Thank you for using Trulia!

Faith
Consumer Care Advocate
http://www.trulia.com/help/ask/
... more
0 votes 1 answer Share Flag
Wed Jul 19, 2017
Sarah112825 answered:
Hi,

Harrison is really nice a quiet place.

Check this web http://www.greatschools.org/school-district-boundaries-map/

Lot parents use that to compare schools.
0 votes 3 answers Share Flag
Wed Jul 19, 2017
Rich Reed answered:
Hi, Geovani, the rent vs buy calculator here: http://www.realtor.com/mortgage/tools/rent-or-buy-calculator is the one I prefer. Click the " Advanced Options" and type in your projections. Since you already own, the "Buying Closing Costs" would be zero. Try modeling a few scenarios.

Hope this is helpful!
... more
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Fri Jul 14, 2017
JANE HARPER asked:
I am also interested in buying as a first time home owner I have a section 8 voucher and work.
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Mon Jul 10, 2017
Teresa Roberts asked:
Mon Jul 10, 2017
TTown TPG answered:
First of all, "rent to own" and "lease purchase" are similar yet are two different things. Many of my buyers and renters refer to all as rent to own but they mean lease purchase. The terms are quite different. To answer your question in short, no, it is not a better choice for a buyer. However, a seller can profit a great deal from these types of transactions. They're appealing to buyers because of how they're worded. They seem to suggest you're working toward purchasing your own home. This isn't true. Rarely does any portion of your payments go toward the principal or down payment and you could be one day late paying the last month of the term and lose everything. In the meantime, the buyer has normally paid a substantially higher amount up front rather than a standard deposit to rent, and probably paid higher monthly payments than rent would have been. I've talked with many buyers who believe they have some interest in the property that they have this contract on but this is not true. If you happen to run across one of these contracts, look for a paragraph called 'no estate in land'. In other words, the buyer has no ownership or interest in the property until all stipulations are met and the deal is closed. Additionally, many times the buyer will take on the responsibility of maintenance that would normally be handled by a landlord, believing the property will one day be theirs. I'm sorry to be pessimistic but I hate to see a buyer being sold a property like a used car. Also consider the fact that if a buyer doesn't have the money for a down payment at the timing of signing one of these contracts, it's unlikely they will in one year. ... more
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Wed Jul 5, 2017
Randolph Hill answered:
This is a great question. I have improved my credit by nearly 200pts in the last year and am thinking about owning as opposed to renting myself. I'm curious about the process and would love to sit with someone. Kaja, you seem to be forthright and open with your info do you do things in the Bronx as well now?

If you have a legit program, hit me up at HillRandolph@aol.com

Thanks
... more
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