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31 07, 2020

Considering Rent to Own

By |2020-07-31T16:46:08-04:00July 31st, 2020|Uncategorized|0 Comments

Considering Rent to Own  by Michael Dominguez. Many members of the Doors to Wealth team had the opportunity to attend a three day event learning more about the rent to own program with the market leader in that business, Clover properties. Their success rate is unparalleled in the industry and we at Doors to Wealth [...]

7 02, 2018

Rent vs Home Ownership (Rent to Own)

By |2018-02-07T12:38:54-05:00February 7th, 2018|Uncategorized|0 Comments

Shelter is one of the most basic of necessities. In general, people can either rent, buy or rent to own a place to live. Home ownership is often idealized, but it is not without its own pros and cons. Because financial situations vary from one person to the next, owning a home may be ideal [...]

27 04, 2017

Rent to Own: Is it Right for You?

By |2018-02-06T11:19:57-05:00April 27th, 2017|rent-to-own, Uncategorized|4 Comments

Believe it or not, the term rent to own is becoming more and more mainstream in today's real world.  It is becoming harder and harder for a big chunk of our population to qualify for their own mortgages even if they have already decided they want to own versus renting.  Why?  Simply put, sometimes bad [...]

30 01, 2017

BMO Announces Incentives for First-Time Homebuyers

By |2018-02-06T11:28:29-05:00January 30th, 2017|Uncategorized|0 Comments

First-time homebuyers can receive up to $1,000 towards the cost of their new home under a new incentive program announced by BMO. The lender is offering the cash to eligible mortgage customers nationally, with $500 for loans between $100,000 and $249,000, and $1,000 for loans above $250,000.  This is a great incentive for first-time homebuyers. [...]

11 10, 2016

New Lending Rules Will Impact New Home Buyers

By |2018-02-06T11:33:45-05:00October 11th, 2016|Uncategorized|0 Comments

Canada's first-time home buyers may have to shelve their dream house fantasies due to new lending rules announced last week by the federal government. The Government of Canada's finance minister has implemented new measures for those with less than a 20% down payment. Effective October 17, 2016, all five year fixed rates (with less than 20% down) [...]