5 Bedroom House For Rent In Eastvale California

5 Bedroom House For Rent In Eastvale California

5 Bedroom House For Rent In Eastvale California

Located:
12482 Feather Drive
Eastvale, CA 91752

5 Bedroom 3 Bathroom
3,467 SqFt
8,276 SqFt Built 2006

12482 Feather Drive is located in Eastvale with 5 Bedroom / 3 Bathrooms.
One room downstairs with a full bathroom and 3 car garage.
Gourmet kitchen with built-in microwave oven, 4 burner cooktop & multicycle dishwasher, large kitchen island, double sink with disposal.
Slab granite countertops, gourmet kitchen-island with slab granite counter top.
Beautiful cabinetry with plenty of space for all pots and pans.
Master suite very spacious with a large master bath. Luxurious soaking tub, frameless mirror. medicine cabinets separate semi-frameless chrome clear glass enclosed shower.
Spacious walk-in closet in master bedroom with single and double poles.

www.celinavazquezrealtor.com

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Careful…Don’t Get Caught in the Rental Trap!

Careful…Don’t Get Caught in the Rental Trap! - There are many benefits to homeownership. One of the top benefits is being able to protect yourself from rising rents by locking in your housing cost for the life of your mortgage.

Don’t Become Trapped 

Jonathan Smoke, Chief Economist at realtor.com, reported on what he calls a “Rental Affordability Crisis.” He warns that,

“Low rental vacancies and a lack of new rental construction are pushing up rents, and we expect that they’ll outpace home price appreciation in the year ahead.”

In the Joint Center for Housing Studies at Harvard University's 2016 State of the Nation’s Housing Report, they revealed that “The number of cost-burdened households rose to 21.3 million. Even more troubling, the number with severe burdens (paying more than 50% of income for housing) jumped to a record 11.4 million.” These households struggle to save for a rainy day and pay other bills, such as food and healthcare.

It’s Cheaper to Buy Than Rent 

In Smoke’s article, he went on to say,

“Housing is central to the health and well-being of our country and our local communities. In addition, this (rental affordability) crisis threatens the future value of owned housing, as the burdensome level of rents will trap more aspiring owners into a vicious financial cycle in which they cannot save and build a solid credit record to eventually buy a home.”

“While more than 85% of markets have burdensome rents today, it’s perplexing that in more than 75% of the counties across the country, it is actually cheaper to buy than rent a home. So why aren’t those unhappy renters choosing to buy?”

Know Your Options

Perhaps you have already saved enough to buy your first home. HousingWire reported that analysts at Nomura believe:

"It’s not that Millennials and other potential homebuyers aren’t qualified in terms of their credit scores or in how much they have saved for their down payment. 

It’s that they think they’re not qualified or they think that they don’t have a big enough down payment.” (emphasis added)

Many first-time homebuyers who believe that they need a large down payment may be holding themselves back from their dream home. As we have reported before, in many areas of the country, a first-time home buyer can save for a 3% down payment in less than two years. You may have already saved enough!

Bottom Line

Don’t get caught in the trap so many renters are currently in. If you are ready and willing to buy a home, find out if you are able. Let’s get together to determine if you can qualify for a mortgage now!

To See More Blogs Like This One Please Visit My Website 

Click Here

Looking For A New Home, Introducing Our New Neighborhood Pages With Listings from Over 60 Cities and Zip Codes.

For More Info Please Call 909-697-0823

or Visit

www.celinavazquezrealtor.com