Hello Christna Guzman, yes you have to beware of the many rental scams although rentals want a fee to run credit and charge you for it.
You should study RENT vs BUY options as you may qualify to buy and pay less than rent in many local cities. You may qualify to buy with minimum out of pocket expenses and pay less than rent.
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.
If you decide to buy you will need to be pre-approved to be able to meet an agent to submit offers on homes of your choice. You will need to gather documentation such as one month paystubs, two month bank statements, last two year tax returns, 1040's, 1099's, W2's and all schedules, copies of drivers license/ID and social security card for each applicant.
Your qualifications will be determined by your credit profile, debt to income ratios, fico scores, loan program and how much you want to invest into the down payment and closing costs. Your fico scores can be raised within 3-4 days in most cases to qualify for programs, rates and terms as necessary.
The rentals in 92582 zip code of San Jacinto start from $1,650 for 4bd 3ba single family home. The purchase in 92582 zip code start from 185k for 3bd 2ba single family home. You may qualify to buy with less than first, last and security of a rental...
You may qualify FHA from fico scores between 500-579 with 10% down or minimum 580 fico score may qualify FHA 3.5% down up to 417k. You may consider 3% down conventional from a minimum 620 fico score or even 5% down conventional with NO Mortgage insurance (Lender paid MI) up to 417k.
You could consider a down payment assistance program such as CalHFA or Sapphire Grant which can cover your down payment and closing costs. You may close with minimal out of pocket expenses. You may consider the CalHFA from a minimum 640 fico score and the Sapphire Grant from a minimum 620 fico score.
I don't do rental but can furnish you the contact information to call and go directly to any of your interest.
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
24+ Years Experience
NMLS# 297251... more
Mortgages / Real Estate
9555 Warner Av. D Fountain Valley Ca 94708
Licensed by the CA Department of Real Estate License 01080071 NMLS License 287206
Equal Housing Lender... more
The mapped area attached to the property in question shows your area to be green and a section around your house that's a shade just above the "low crime rate" color code. The recent crimes reported in the general area do not seem to be attached to the address of the home.... more
The mapped area attached to the property in question shows a shade of green just above the "low crime rate" color code. The recent crimes reported in the general area do not seem to be attached to the address of the home.... more
I would think so because I heard that a credit score in the late 600's is good enough when looking to buy a home. I hope this was helpful. Good luck to you with your new home. I too someday will like to own my own home, but I got to work on my poor credit :(.... more
Though I am not sure, I would say based on the price that no it is not. Usually mobile homes in parks do not own the land but that is not always true. In San Jacinto house are so cheap, you may want to skip the mobile homes.
To find out what a payment on a house would run, give me a call.... more