Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Rent vs Buy in 34110 : Real Estate Advice

  • All22
  • Local Info1
  • Home Buying9
  • Home Selling2
  • Market Conditions0

Activity 1
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
Search Advice
Search

Followers

728