Hey Joe ... you can not go wrong with Nigel Chapman's advice. I have known Nigel for several years and he is one of the best Realtors in the Des Moines area. Nigel has the experience and contacts to help you.

Eager Buyer = Troll. Fail.

Eager Buyer, interesting answer. Lets take a look at the options:

BUY
Any real estate fees are being paid by the seller anyway.
A first time buyer can qualify for an $8000 tax credit.
Buying on contract often allows the buyer to do a refinance in 12 months (easier to qualify than a purchase)
A homeowner gets to tax deduct mortgage interest etc
Equity

RENT
Minimal commitment
No deductions
No $8000

Nigel Chapman
Managing Partner
RE/MAX Real Estate Concepts
550 36th Ave SW, Altoona, IA 50009

nigel@realestateconcepts.net
Licensed to sell real estate in Iowa

Hi Joe

There are many investors out there that will sell on a contract. Many people for various reasons need a contract. Like most industries, there are good investors and bad ones. I work with 2 investors in des Moines that are very ethical and I refer clients to them on a regular basis. As a realtor, if a client does not qualify for a loan, I can still sell the investor a house to replce one the client buys from him.

What area and city would you like to buy in? Send me an email and I will try to assist you. If it is outside Des Moines, I will try to find a good realtor that can assist.

Regards
Nigel Chapman
Managing Partner
RE/MAX Real Estate Concepts
550 36th Ave SW, Altoona, IA 50009

nigel@realestateconcepts.net
Licensed to sell real estate in Iowa

Joe: Better to rent now and avoid paying 6% in Realtor fees. Prices will go down. Just save a little and work on you credit.

Could you clarify? Are you talking about lease purchase?