Everyone's scenario is different, but in 98% of the instances, you are far better off buying.. reach out to me and let me know what you're paying for rent, and i'll put together a presentation showing you how much it's actually costing you to rent vs. own. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / RPM Mortgage NMLS 1541014 / AZMB0121893
Short answer if you qualify and your current plan is to live in the area for the foreseeable future you would be better off purchasing....prices are only going up and one never knows regarding rates, though much more info is needed. Feel free to contact me to discuss. 562.254.5616
That depends upon what you're paying for rent, how much you can afford to pay monthly if you buy, and whether or not you can qualify to do so. It's possible, given certain circumstances, to be able to purchase with $0 down and no money out-of-pocket at the close of your transaction. I have structured many loans for my clients in just the manner. Give me a call 16/7, or email me your phone number so I can call you, and I'll be happy to walk you through the process. To learn more about me and our mortgage brokerage, click on my picture. When the next page pops up, click on "Website" and you will be redirected to ours. If you get a chance, read some of my blogposts on Lender411. They are quite informative. We work exclusively in CA and get loans done fast, typically in less than 30 days, at low interest rates and costs. I started doing mortgage loans in CA in 2005, only do them here so I have an exceptional understanding of this extraordinary market, and, unlike the vast majority of loan officers, I am an accountant by education. As such, I am able to analyze current market conditions and structure creative loan alternatives for my clients in a manner much different, and more advantageous to them, than virtually all other loan officers. Representing more than 60 quality lenders that offer in excess of 1,500 loan programs, we definitely have something for everybody.
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