Rent-to-own Homes in Woodstock with No Credit Check 

Woodstock Real Estate Market Overview

Ranted as one of the best places to live in Canada by MacLean’s Magazine, Woodstock attracts families and professionals for the lower cost of living, high housing affordability, low crime rate, and excellent career opportunities. About 45,000 residents from diverse cultural and ethnic backgrounds call Woodstock their home with experts predicting massive growth in population over the next two decades. Woodstock features over 350 hectares of public green spaces including 51 parks and over 30 km of trails. You will find about 40-50 homes listed for sale here most weeks with an average house price of $450,000. The market is very competitive with homes staying 20 or fewer days on the market.

Since there are more buyers than homes available for sale, it’s important that you are financially prepared. A competitive market makes it even more challenging for buyers with imperfect credit to fulfil their homeownership dream. If you are looking for a no-credit-check program in Woodstock because you don’t qualify for a traditional loan, we – here at Clover Properties – can help you buy a rent-to-own home in Woodstock. What makes our program stand out from other alternative methods is that you can shop for a home in the open market just like a pre-approved buyer.

Why buy a rent-to-own home in Woodstock

The following real estate market overview will help you decide if Woodstock is the right location for you to buy a home:

• Woodstock market is competitive so much so that most homes are currently selling above the asking price. The average DOM (the days on the market) for homes is less than 20 days. It means homes get sold as soon as they are listed. Experts predict this trend to continue as the increase in population over the next few years causes a massive demand for housing. This gives prospective home buyers a great opportunity to buy at a reasonable price now and build equity faster.  
• The average house price of $450,000 is affordable compared to neighboring cities including London and Windsor.  
• Woodstock features a rich history and culture. Downtown heritage buildings and beautiful Victorian homes set Woodstock apart from other cities in Ontario.
• Community events are organized throughout the year. Canada’s Outdoor Farm Show, The Wood Show, and Cowapolooza are among the most notable ones.
• Boyle Grave Site, Farmers Market, Springbank Show Countess Monument, OLG Slots, and Old St Paul’s Anglican Church are among the most popular landmarks.
• Located in the centre of southwestern Ontario, Woodstock features several major employers including Toyota.

How to buy a rent-to-own home in Woodstock, Ontario

Buying a rent-to-own home in Orangeville is easy. You can shop for a home in the open market. Once you find a home in your budget and desired location, we will help you buy it with a rent-to-own arrangement. This program works for anyone struggling with credit. If you are a self-employed professional with inconsistent and non-verifiable income, a foreign national, or anyone with imperfect credit, you can still buy a home with no credit check. Set an appointment today to learn more!