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Rent vs Buy in Naples : Real Estate Advice

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  • Home Buying573
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Activity 5
Mon Jan 12, 2015
Mailer EL Salvaje answered:
Thu Mar 28, 2013
Debra (Debbie) Rose answered:
Do you realize that with most "rent with options to buy" agreements, you will lose your deposit money if you do not buy the home for any reason?

So, if you don't qualify for a loan now, you better be sure you will qualify at the end of the lease!
There are a lot of other dangers with this kind of agreement, especially for anyone who is already under financial stress.
... more
0 votes 2 answers Share Flag
Sat Jul 28, 2012
David H Schulz answered:
Your agent will work with you to have the assistance for credit repair and determination of pre approval by a Naples mortgage company or Naples area bank. The other option you mentioned regarding seller financing or rent to own must be offered by a seller. You can search the Naples area , Isles of Capri or Marco Island MLS to see what prices the homes are selling for on our website www.agent4naples.com. A seller that offers his home for sale with owner financing will usually require the debt to be paid or refinanced with a baloon after 2-5 years (which gives you time to find the money or fix your credit), and in addition to interest, they ask for a substantial down payment that a buyer stands to loose if the refinancing does not go through.When you are preapproved or have the money for a downpayment your agent will show you the options you may wish to pursue. ... more
0 votes 7 answers Share Flag
Thu Apr 28, 2011
John answered:
yes most americans dream about the day they can start renting-do you have any more inane questions?
0 votes 17 answers Share Flag
Tue Oct 26, 2010
George Gutierrez answered:
Take a look at our property.2390 27 av ne naples fl 34120.
0 votes 3 answers Share Flag
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