why is it off the market? has it been sold?

Asked by Sabriya, Philadelphia County, PA Sat Mar 12, 2011

I would liketo find out how rent to own options work

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This question is about this property: http://www.trulia.com/homes/Pennsylvania/Philadelphia/sold/1…

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Phong Lam, Agent, Philadelphia, PA
Sat Mar 12, 2011
Hi Ms. Sabriya,

How are you? Thank you for your inquiry. Unfortunately, this property is currently in PENDING/under-contract status (meaning that there is an offer already been accepted by the seller). It has a projected settlement date scheduled to take place on 05/27/2011.

However, if you are not currently working with an agent and would like the most up-to-date hottest listings on the market, please feel free to let me know and I'll be more than happy to send the list to you that is of your interest. If you have any questions, please feel free to send me an email at Phong.Lam@c21ag.com or call me at (267) 918-1880.

Thank you for your time and I'm looking forward to hearing from you soon! Have a nice weekend!

Hope that helps!

If you have any questions, please feel free to email or call me at (267) 918-1880.

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Best Regards,
Phong Lam, CSM
REALTOR®
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0 votes
Yve Banks, Agent, Bala Cynwyd, PA
Sat Mar 12, 2011
Well this is not common. You would be renting with the option to buy. Maybe lease it for two years then at the end of the lease you have the credit and the money to purchase. You would just be buying a home without moving. They don't put the rent you paid towards the purchase, you still have to save. You still pay what the property is worth.
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