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Rent vs Buy in 44144 : Real Estate Advice

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  • Local Info1
  • Home Buying3
  • Home Selling0
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Activity 3
Fri Jul 1, 2011
Michael Emery answered:
Has he given you reason for cancellation of the lease and was there anything you did to breach the contract?

Unfortunately there is probably very little you can do other than making sure your deposit is immediately returned. ... more
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Tue Feb 1, 2011
Tony McMahon answered:
The best thing to do is to take your lease and any other documentation to a Real Estate attorney for review, to discuss your options.
0 votes 7 answers Share Flag
Thu Feb 24, 2011
David Wakeman answered:

I am not sure what specific property you are referring too, but it sounds like you are looking at a Bank Owned property. There is a very gtood chance that this property will need serious repairs and improvements in order to occupy it. If this is the case, then more than likely a Lender is not going to loan you the money. There are several reasons for this and I will not go into them here. There are other factors as well.

My suggestion would be to meet with a good local Lender and get pre-approved. This way you know how much home you can afford and what the payments would be. Of course taxes on the property you choose would fluctuate, so when you picked the property that you were interested in they would be able to calculate specifics at that time.

If you need help email me and I will give you a couple of very good local Lenders that can assit you.

David Wakeman
RE/MAX Classic
... more
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