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Rentals in Grand Terrace : Real Estate Advice

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  • Home Buying2
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Activity 4
Fri Apr 17, 2015
Hello Mendy, yes the rental inventory is quite low in Grand Terrace and start from $895 for 2bd 1ba apartment and up. I would look into purchasing as well. The purchase in 92313 zip code of Grand Terrace start from 225k for 2bd 2ba condo which is as low as $1,125 down payment with a minimum 580 fico score $225k. The single family homes start from 279k for 4bd 2ba home in 92313 zip code of Grand Terrace which is from as low as $1,400 down payment with a minimum 580 fico score @279k.

Beware of the many rental scams out there these days on all sites. The scams are on all of the rental listing sites except one that us agents/broker use such as mls, multiple listing service.

You should not give anyone any funds or personal information without confirming with a licensed agent/broker or management company to find out whom you should be dealing with and the status of any address of interest.

You should study RENT vs BUY options as you may qualify to buy with minimum out of pocket expenses and pay less than rent in many cities. Your fico scores can be raised within 3-4 days in most cases to qualify for programs, rates and terms as necessary.

If you figure out what cities/zip codes you are considering, minimum number of bedrooms and the maximum payment/price you are looking to achieve you can be emailed listings to fit your search criteria. Your email address is needed to set you up for the automatic daily updates.

You will need to be pre-approved if you decide to buy to be able to meet an agent to view and submit offers on any homes of your choice. Your qualifications will be determined by your credit profile, debt to income ratios, fico scores, home price, loan program and how much you want to invest into the down payment and closing costs.

You may qualify to buy FHA with fico scores between 500-579 with 10% down or minimum 580 fico score may qualify FHA 3.5% down or as low as .5% half percent down payment program. You may consider 3% down conventional from a minimum 620 fico score.

It only takes a few dozen questions to qualify, go over your options and email you listings to study and compare. Here are some links to study as well as web reference links to many loan program pages offered...

Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran & VA/CalVet Loan Specialist
REO & Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
22+ Years Experience
BRE# 01140252
NMLS# 297251
9am till 5pm by phone Monday thru Saturday, Sundays by appt., EMAIL ANYTIME 24/7 or

If my response was helpful, consider clicking Thank, Link or Best Answer.
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1 vote 1 answer Share Flag
Sat Jan 18, 2014
Jing Monsod asked:
Sat Mar 23, 2013
Jose Ixmay answered:
Good Morning,

For clarification, are you interested in renting or buying?

According to the listing your referencing it is a rental. At the price your looking to rent you can substantiate a nice house.

Contact me at your convenience and let's discuss your options. I would be able to assist you with either a purchase or lease.


Jose Ixmay
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Fri Sep 21, 2012
Hugo Cortez answered:
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Rentals in Grand Terrace Zip Codes