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Rent vs Buy in Lake County : Real Estate Advice

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  • Local Info2
  • Home Buying8
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Activity 1
Tue Jul 17, 2012
John Walin answered:
Vacant is not a defined MLS parameter, rent with option to buy is. If a home is vacant usually it is under foreclosure/short sale and bank wont go along with a more complex transaction. Plenty of rentals out there, not many incentives for a seller to lock in a price today because you have a credit problem with getting a mortgage now. ... more
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