Don’t take NO for an answer! Look to Rent to Own for a Fresh Alternative.
Dealing with Credit Challenges? Self-Employed? Divorced? New to the Country?
You are not alone. Countless Canadians feel like they HAVE to rent instead of owning their own home due to some of the challenges listed above. Worse yet, many have decided that NOW is the time to OWN their own home, found the right property BUT were not approved for a traditional mortgage. Now what? Renting again? No. You don’t have to continue lining the pockets of your landlord while they enjoy all the equity growth in the property you live in. Instead of waiting until your credit challenges have been repaired, you can rent to own a house TODAY that fits your budget, your needs and will allow you to enjoy the great benefits of homeownership which include building equity especially in today’s market! Get into the market today before you are priced right out of the market altogether. RENT TO OWN is a very good option which will give you the time needed to repair or rebuild your credit, show more income if self-employed or establish your credit while living in the home you will own at the end of the rent to own term.
You can rent to own with…
- Credit Challenges (Consumer or Bankruptcy OK)
- No credit
- New to the country
- Must be dedicated and committed to improving your credit situation
- $10,000 minimum down payment on homes up to $350,000 or 4% of purchase price above $350,000
Your initial down payment is 100% credited towards your purchase of the home and the end of your term (on average 36 months).
Interested in Investing in Your Family Instead of paying Rent?
I will gladly set up a call with you to walk you through the program and answer any questions you might have so you can decide whether or not rent to own is a good fit for YOUR family!
A critical component of rent to own is to restore your credit while adding to your initial down payment each and every month. So you are building up your ownership stake (equity) in the home rather than just throwing your money away on rent for the next 3 years (think about $1800 a month X 36 months = $64,800 on rent).
Interested in Rent to Own in Ontario?
You’re not alone. Contact me for more information. I would be happy to answer all of your questions.
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