For a consumer wanting to buy a home but has been declined at their bank due to lack of down payment or Credit rating, renting to own could be the perfect solution.
To start off, renting to own is an agreement whereby an investor rents out a house to a tenant and gives them the option to purchase the property after a certain period of time at a predetermined price. In today’s economic climate and tighter Banks guidelines, more and more families are turning to Rent to Own and becoming homeowners “today” despite what their bank is telling them. Rent to Own is a Great alternative solution for Canadians when traditional means fail you.
Our Rent to Own Program is Available in many areas across Canada. Below are some of our Region specific articles on Rent To Own which will help you determine if Rent to Own Solutions are right for you.