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Rural Retreat : Real Estate Advice

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Activity 2
Sun Aug 24, 2014
Debra (Debbie) Rose answered:
No............ no bank is looking to be a landlord - they foreclosed on a home and are already taking a loss..........they want to sell the home to a qualified buyer, and be done with it.

Overall.............rent to own is not a good option, as you stand to lose a lot of money (upfront deposit and extra rent you will be expected to pay) if you do not buy the home (ie - can't qualify for a loan) for ANY reason.
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Make sure you learn what is involved in that kind of arrangement, as most consumers really have no idea.

If you do not qualify for a loan now, I suggest, as does Dan, that you rent while you work on whatever it is that is preventing you from buying a home in the normal manner....then buy when you're financially able to do so.
Another plus is....you will have a full selection of homes from which to choose.

Best wishes..........
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Sat Jan 29, 2011
Annette Lawrence answered:
John,
You have read the classic reponses of real estate agents. You can join the chorus, and line up with the others who are EXPIRED hounds and give it your best shot to distinguish yourself. Try a bigger post card, or a full color, bound pre-listing package including HD DVD touting all your stuff. (kidding)

Or you can do what all the others have failed to do....show them the buyers! The coversion to a listing is not as obvious as it seems, however, think on this aspect and the rest should become apparent.

Wishing you great success shaking the expired tree,
Annette Lawrence
ReMax Realtec Group
Palm Harbor, FL
727. 420. 4041
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