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73170 : Real Estate Advice

  • All11
  • Local Info1
  • Home Buying6
  • Home Selling2
  • Market Conditions0

Activity 11
Mon Feb 1, 2016
Dan Tabit answered:
Nonnie,

Rent to owns are rare and even more rarely are they a good deal for the renter/buyer. The vast majority of rent to own renter/buyer's never end up buying the house. They are a great deal for the landlord/Seller as they get to collect large up front deposits and over market rent only to do it all over again in the same house. I consider it basically immoral and predatory in most cases.

Resolving credit issues isn't rocket science and a local mortgage lender can and often do assist buyers with this. Many things you can do yourself, others the lender can direct or assist you with.

Most people in this position are far better off renting the least expensive place they can stand to live in and save up some down payment, get on a budget and fix their credit. Once you are qualified, you can select any listed property in your price range and you've fixed the issues that hurt your credit.
... more
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Tue Jul 7, 2015
Niki Higgins answered:
Hello, The bedroom and bathroom information on your home comes from the Cleveland County Assessor. You can contact them to correct the information on your home.
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Wed Nov 12, 2014
michael Mccann answered:
Mon Jul 21, 2014
answered:
Hi Jwvargas,

The minimums would be an FHA mortgage with a 580 middle score with a 3.5% down payment unless you're eligible for a VA mortgage which doesn't require a down payment.

Check out my recommendations here on Trulia from some of my past clients by clicking the following link. http://www.trulia.com/profile/johnburke/#__rec


Please feel free to contact me for more information or help. You can also find info on my FHA Mortgage website by clicking the link below.

John Burke
Senior Mortgage Banker
Great Plains National Bank
(877)228-9069
Lending in ALL 50 States
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Mon Jun 3, 2013
John Phillips answered:
As the other realtors have stated the home would ret for $800 to $1500 a month depending on the location, the conditon of the home and the square footage and in some of the more exclusive areas migh be closer to the $2000.00 rang, but just because of the tornado should not be a reaso to raise the rental: ... more
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Mon Jun 3, 2013
Josh Barnett answered:
Around 900 to 1,200 depending on the sqft and condition.
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Wed Jun 6, 2012
Lisa Curry Yandell answered:
Hi! I have both the Sec 3 and Sec 4 covenants for Oak Ridge. I cannot attach them to this post, but if you would like to email me directly, I'll send them right over!
lisayandell@cox.net ... more
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Wed Mar 24, 2010
Anna M Brocco answered:
Your best source of information is the local police department, why not call/visit and ask all your questions, they'll gladly help--or if not familiar with the area drive around the neighborhood more than once and at different times of day, chat with the locals if the opportunity arises and inquire. ... more
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