About the tenant-buyers:
Vikas and Martina are a hardworking couple with big dreams for their family. Their ultimate goal? Owning their own home, providing stability and security for their energetic six-year-old son. They’ve been renting in Goderich (near London, Ontario) and diligently saved up $30,000 (approx. 6.5% down) for a down payment. They just need a little extra help and a 4-year Rent-to-Own term to make their dream a reality.
Martina works full-time as a Consumables Associate at Walmart in Goderich, bringing in $31,122 annually. She has been employed since 2022. Meanwhile, Vikas works as a Damage Prevention Technician at GTel Engineering, adding $66,352 to their household income. With the extra $5,652 they receive in child benefits, their combined earnings stand at $103,126 per year.
Vikas has a credit score of 777. Martina has a score of 769. Their biggest hurdle? A pesky car loan that’s holding them back from getting a mortgage today. They are not giving up. With your support and our Rent-to-Own program, they are determined to be mortgage-ready in 2028.
Located in downtown Goderich, close to everything, they fell in love with a home boasting three-bedrooms and 1.5 bathrooms. This house is well-maintained and has been kept in great move-in shape. The property has a newer kitchen and bathrooms with hardwood throughout. The house features a separate dining room and family room to go with a fantastic mud-room entrance which doubles as the laundry room. Plus, the backyard is a kid’s paradise, fully fenced and spacious for playtime and gatherings.
Goderich’s real estate market offers a wide range of residential properties, including single-family homes, townhouses, and vacant land. Properties range from more affordable options around $411,000 for a 3-bedroom home to more premium offerings such as a 6-bedroom farm listed at $1.775 million. The presence of various property types, including commercial and agricultural alongside residential, indicates a versatile and potentially resilient local economy. Properties in Goderich offer unique features such as waterfront, which indicates potential for strong appreciation in the area.
If you qualify for a $375,920 mortgage, you can be the hero to help Vikas and Martina realize their dream of owning a home. With an estimated monthly cash flow of $753, it’s a mutually beneficial opportunity for all.
Ready? Take the next step by filling out the form below. Let’s make Vikas and Martina’s dream a reality.