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Rentals in Bloomfield Hills : Real Estate Advice

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Activity 2
Wed Apr 25, 2012
Mark Mergener answered:
All things are possible in real estate. The answer is yes. Essentially, the terms are spelled out in a lease with option agreement, which specifically details the understanding between the two parties.

Generally, the lease portion is the enforcable part of the agreement. Whether the home is eventually purchased is generally at the sole discretion of the buyer, (which is the option).

It is crucial that you have an agent well versed in this process.

Feel free to call me with any further questions.

Regards,

Mark Mergener
Cell 248 935-0335
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Wed Apr 25, 2012
Pam Bava answered:
You don't give enough information in your question, like how much you are looking to spend or put down. You might be better to contact a local realtor to help you find what you are looking for.


Good luck
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