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Property Q&A in Northeast Torrance : Real Estate Advice

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Thu Feb 7, 2013
C. Lee Miller answered:
Hi Natallie,

It looks like this is a home for rent with the possibility to purchase it at some point in the future; also known as a lease option to purchase.

Unfortunately, it is not being handled via a Real Estate Agent using the MLS and may possibly be the investor/owner of the property directly marketing the home. Any time you may work with investor/owner please be careful. Before you sign any type of contract for lease or lease purchase you must read t over very carefully and you should have a legal expert review the contract so you fully understand what it is telling you your option to purchase really is.

You will need to contact the person or group which posted this home in order to find out more. I hope this helps.

If you are looking to rent or purchase a home I would be more than happy to meet with you and discuss what options are available in today's market. Interest rates are still at historic lows. Now would be the time to get started since there are new fees that will be going into affect in the April time frame and those new fess will have an impact to a buyers purchasing power. My consultation is always free and without obligation. Please let me know if you would like to chat sometime about the home buying process and opportunities.


C. Lee Miller
Your Tech Savvy Real Estate Advisor
Broker Associate - DRE Lic# 01882648
Keller Williams LA Harbor
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