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Rent vs Buy in Lincoln : Real Estate Advice

  • All66
  • Local Info6
  • Home Buying24
  • Home Selling2
  • Market Conditions1

Activity 2
Mon Sep 10, 2012
Morgan Larson answered:
Swaps are tough because rarely do two people want the same thing and have homes of equal value. You might try posting to Craigslist. I have seen posts for home swaps on there.

If that doesn't pan out, I'd be glad to help you figure out another plan to accomplish your goals. Call me anytime at 916-241-8788. ... more
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Wed Apr 18, 2012
Michael Smith, MBA, MPM answered:
Hey Richard,

Well..your getting close to your move in a little less than a month or so.
Have you considered using your VA for your purchase?

VA is excellent and offers the following benefits:

*100% financing! (You can put down $$$ if you wish)
*All closing costs paid out our unqiue lender credit!
*No mortgage insurance

In terms of documents I would need:

1. Last 2 years of W-2s and Federal Tax Returns with all schedules & all pages.
2. Last 2 mos of bank statements from all accounts with all pages.
3. Most recent 2 paystubs (covering a 30-day period if paid once).
4. Any IRA, 401(k) or other retirments statements
5. DD214 (we will send for your certificate of eligibility)

I can pre-approve same day and we can get you out shopping. Comparatively speaking, buying is stronger than renting when you compare payments & what you get with renting VS. payments & what you get with buying.

I'm here to help. Mike 916-813-4003 or shoot me an email!
... more
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