Why Rent to Own a Home?
Renting to Own has been around for a long time. Many people are not aware of the benefits of Renting to Own. Some of the Benefits are;
You get to test drive the home before you buy,
You will be able to have pride of ownership instead of just renting,
The down payment is much less than 10% which is what a bank wants,
You can walk away from the home if you feel you don't want to buy it,
A mortgage is easier to get once you prove you can pay the rent,
Rent payments are fixed for the term,
You get to keep any increase in equity if the home is worth more than the purchase price,
With your rent cheques we pay back enough to get the rest of your down payment,
The list goes on!
Why Rent to Own in Sarnia Ontario
Renting to Own is meant to help you establish a good credit and get the home of your dreams. Our clients consist of people in the following situations:
They do not have the 5% or 10% down payment the banks require,
Have lower credit scores due to previous misfortunes such as divorce, job loss, bankruptcy, death of a family member and health problems,
People who are self employed and can't show a bank a pay stub,
Good career income but no credit history,
Good career income with a bad credit history,
People who are in consumer proposal,
Someone who transferred to Sarnia for work and isn't sure how long they will be here,
First time home buyers,
Sound interesting? Follow the link to Renters and we'll explain how it works and show you how to get started.