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Rent vs Buy in Davidson County : Real Estate Advice

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  • Home Buying1
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Activity 4
Thu May 21, 2015
Correa79david asked:
Hello, me and my wife and 3 kids are in need of some help. Just last year we got evicted from the place we were living. The landlord decided to raise the rent and eventually felt behind…
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Wed Mar 11, 2015
Will Johnson answered:
Forbes provides a great list of ways to improve your credit score quickly:

http://www.forbes.com/sites/moneybuilder/2014/05/02/11-ways-to-raise-your-credit-score-fast/

I would focus on removing debt and increasing your credit score. Best of luck to you! ... more
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Sun Oct 13, 2013
Chuck Campbell answered:
Sat Mar 31, 2012
Stephanie & James Crawford answered:
The seller determines this. You could try to negotiate if you like. Be warned though. Very, very few lease options ever turn into closed sales. Landlords love the arrangement. No close? No deposit return!

Many states, including Tennessee have withdrawn lease-purchase contracts from the Realtor arsenal of available forms. They frown on the legalities of the arrangement too. Personally I consult my prospects to rent on the cheap for awhile and to save up their own down-payment. FHA only requires 3.5% down and 580 midscore.
... more
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