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 60605 : Real Estate Advice

  • All43
  • Local Info1
  • Home Buying17
  • Home Selling6
  • Market Conditions2

Activity 10
Sun Nov 25, 2012
John Potter answered:
I have a listing for a nice five bedroom house near Midway on the West side of Chicago.
0 votes 5 answers Share Flag
Sun Nov 25, 2012
Linda Dressler answered:

At this point in time, it would be best to rent something you really like knowing that the owner would potentially sell in a few years rather than drawing up a rent to own option that might lock you into a less than favorable position in this still slightly downward market. I would be glad to help you in your rental search or to speak more about this with you on an individual basis. Feel free to contact me directly. Best wishes to you.

Linda Dressler
Prairie Path Realty - Schaumburg.
... more
0 votes 9 answers Share Flag
Fri Aug 9, 2013
BJ Tregoning answered:
Those situations are few and far between. Way better to get a loan and be done with it. Talk to a mortgage broker to find out how much you qualify for then find an agent who specializes in the area in which you are wanting to live. ... more
0 votes 17 answers Share Flag
Fri Aug 9, 2013
Monir Mamoun answered:
Great question Willprow... I wrote a multi part blog about this topic. This will help you go through the decision making process. I have included the link below.

Also I have another blog on top 10 Credit myths. You might find that useful as well. ... more
0 votes 11 answers Share Flag
Wed Nov 16, 2016
Matt Laricy answered:
I dont think you can do rent to own with a section 8 voucher.

Matt Laricy
Americorp Real Estate
Brokers Associate, e-PRO
0 votes 7 answers Share Flag
Wed Sep 30, 2009
Maria Clark answered:
March numbers just came in for Illinois. I would seriously consider renting.
If I can be of any help let me know. I specialize in residential rentals for the
past 13 years in Chicago.

Maria Clark
Newman Realty
... more
0 votes 13 answers Share Flag
Tue Aug 3, 2010
Kathy Diegel answered:
What area are you looking to rent in for $2000 a month?
0 votes 6 answers Share Flag
Mon Dec 22, 2008
Kale Realty answered:
Hi Golfer-

Depends- What is the address of the property? There are still a handful of good properties in the South Loop that are selling. You could puchase the property and turn around to sell it at a loss less then $50K.

My office is on Roosevelt so I know these buildings well and will be able to help :-)

... more
0 votes 13 answers Share Flag
Sat Jan 31, 2009
Dallas Texas answered:
You receive a tax benefit over 3 years check with a CPA work on some of your questions, have you thought about purchasing a foreclosure with equity could be a benefit for you. Then if you have to move you might be able rent the property where you earn extra income property increases in value
... more
0 votes 4 answers Share Flag
Search Advice