Trulia Community - Advice from neighbors and local experts

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

King : Real Estate Advice

  • All11
  • Local Info0
  • Home Buying10
  • Home Selling0
  • Market Conditions0

Activity 13
Thu Dec 29, 2016
Mhaley11411 asked:
--
This question was asked from this property: https://www.trulia.com/foreclosure/3000678140-116-Conifer-Ct-King-NC-27021#photo-6
0 votes 0 Answers Share Flag
Sat Nov 12, 2016
Karenhope.kj answered:
I am looking for a house in Porter ranch CA
0 votes 26 answers Share Flag
Sun Jun 19, 2016
Lolat.reece86 answered:
Trulia is a wonderful app that really helps people that do not own a credit card
0 votes 1 answer Share Flag
Thu Aug 13, 2015
Terry Cobb asked:
I had a VA loan before, but it was paid when I re-financed in 2000.
0 votes 0 Answers Share Flag
Tue Jan 27, 2015
Wendy Middleton answered:
Before purchasing the property contact an attorney to review the road maintenance agreement. If there is not one is place, ask the attorney what your available options are. Unfortunately, some road maintenance agreements are hard to enforce. Bennett and West are a local attorney's office. You may want to contact them for additional information. ... more
0 votes 1 answer Share Flag
Sun Aug 17, 2014
Debra (Debbie) Rose answered:
Do you fully understand what is involved with a "rent to own" arrangement?

Make sure you do before entering into that kind of agreement as you could stand to lose money (in most instances, you will be expected to give an upfront deposit, and possibly pay rent over and above the usual rent (only that extra rent would go towards the purchase, not all the rent) - that deposit and extra rent will usually be non-refundable if you do not buy the home for ANY reason at the end of the lease term).
So..........If you do not qualify for a mortgage now, you better be sure you will qualify at the end of the lease, or you stand to forfeit your deposit money.

You will have very few homes from which to choose as most sellers who want to sell, and can sell, sell now not later. You need t make sure the seller is financially strong and up to date with his mortgage payments and not underwater.

I usually suggest renting for now...................and working on whatever it is that is preventing you from buying a home in the normal manner, and then buy when you're financially able to do so. You will then have a full selection of homes.....and not risk losing money!

Best wishes!
... more
0 votes 2 answers Share Flag
Sun Aug 17, 2014
Debra (Debbie) Rose answered:
Do you fully understand what "rent to own" means? (it does not mean you simple pay rent, and then if you decide to buy at the end of the lease period - and can buy- all of the rent is applied to the purchase).
It doesn't work that way.

You could lose a lot of money with this arrangement as any upfront deposit money (or extra rent, above and beyond the normal rent) you pay will be non-refundable.

Please make sure you understand the down side (to the buyer) before entering into that kind of agreement.
I'd suggest you have an attorney read over any contract before signing.
... more
0 votes 2 answers Share Flag
Sun Aug 17, 2014
Don Tepper answered:
Call a Realtor.

However, not all rent-to-owns are on the MLS. In fact, most aren't. Unfortunately, there isn't a single list anywhere of them. In fact, a lot of them are "created" by talking to people who have houses for sale or houses to rent. You're going to have to do some work.

Here's a link to a blog I wrote on how to find rent-to-own homes: http://bit.ly/findaleaseoption

Hope that helps.
... more
0 votes 1 answer Share Flag
Wed Apr 23, 2014
Ruth and Perry Mistry answered:
Mon Feb 18, 2013
Wendy Middleton answered:
You may want to contact your local real estate agent and also the local news paper is a good resource.
0 votes 3 answers Share Flag
Mon Feb 18, 2013
Wendy Middleton answered:
You may want to contact a local agent in that area.
0 votes 1 answer Share Flag
Search Advice
Search
King Zip Codes

Followers

93