Hello Kendra. There are 1,059 Single Family Homes Active For Rent in the City of Phoenix. There are 2,093 Single Family Homes Active For Sale in the City of Phoenix. This information changes frequently as agents get more listings, close on sales transactions, find rentals. Prices vary all over and of course there are many homes in nearby suburbs for sale or for rent. There are pros/cons to both. Is there a specific reason you ask? I'm happy to help.... more
My experience with lease purchase agreements is that buyers want to do these because they don't qualify for a mortgage. The sad fact is 90% of the time when the time period ends for them to get the actual loan they still can't qualify and they end up losing the property. A past client of mine does a lot of these as the owner/seller. He has sold the same property 4 or 5 times and made money each time.... more
There are several things that can go wrong... First of all is he a licensed contractor? If not, your work may not be up to code and the quality may not be very good. Second of all, there may be some insurance liabilities that you need to check out with your agent.
If these things don't bother you, then by all means get everything you are wanting done and both parties expectations in writing signed by both parties.... more