Trulia Community - Advice from neighbors and local experts

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

Rent vs Buy in Salinas : Real Estate Advice

  • All160
  • Local Info4
  • Home Buying75
  • Home Selling9
  • Market Conditions4

Activity 1
Mon Apr 5, 2010
Scott Godzyk answered:
You need to negotiate out your mothly rent, the terms of the lease, the price you would pay for the house if you bought and what they will credit you towards the purchase either towards your closing costs and/or downpayment. You first should meet with a local and trusted mortgage broker to see what price range you will quailify for so you know the house is in your price range, then you need to find out how much you will need to close so you know what to ask teh seller to credit you and lastly you need to ask how long it will take to get a mrotgage and what you will need to do so you are ready when it comes time to buy. good luck with your search. ... more
0 votes 2 answers Share Flag
Search Advice
Search
Rent vs Buy in Salinas Zip Codes

Followers

193