Forget Renting - Take Advantage of a Rent to Own Townhouse program!
Rent to Own Townhomes in the GTA
Townhomes are a great option for families who may not be able to afford a larger detached home, but are looking for a little more space and a backyard that they simply can't get with a condo. Such properties are becoming more and more popular, particularly in areas of the GTA where land is becoming more and more scarce and expensive.
Many people choose to rent a townhouse simply because they don't have enough liquid cash to put as a down payment, or simply don't meet all the stringent criteria that big banks require to get approved for a mortgage. The prices of homes in the GTA are sky-high at the present time, and just seem to keep on rising. Those who are renting may be trying to save up enough money to purchase a home, but with the increase in prices and resulting increase in a down payment, this dream can seem like it's fizzling out.
If this sounds like you, thenSandstone Management Rent to Own Homesmay have the solution you need.
The Alternative to Renting
Sandstone Management has been in the business of connecting home buyer hopefuls to professionals in the real estate and mortgage financing industry for years. For those who don't currently qualify under the more stringent mortgage requirements, Sandstone Management's rent to own townhome Ontario program helps people in the Greater Toronto area become home owners sooner than they ever thought possible. All you need is a solid income, a small deposit, and a strong desire to be a home owner!
Their team of experts will sit down with you and explain all the details about how the process of rent to own homes works. They go through your finances to pre-qualify you and help you come determine the amount that you are comfortable paying every month in 'rent', and how expensive of a house you can realistically afford. They help you every step of the way - putting you in touch with professionals in the real estate industry to help you choose your dream home in your preferred area.
Once you're approved, feel free to decorate, remodel and furnish the place like it's yours! You make your lease payments each month with a portion going towards your down payment ‘savings'. At the end of the lease period, which usually expires after the 3 year mark, you will have a much more substantial down payment and improved credit from paying your lease payments on time. At this point, you would buy the home at the pre-agreed upon price – even if current market value is higher. You could be earning equity before you even buy the home!
Townhomes are a great option for families who may not be able to afford a larger detached home, but are looking for a little more space and a backyard that they simply can't get with a condo. Such properties are becoming more and more popular, particularly in areas of the GTA where land is becoming more and more scarce and expensive.
Many people choose to rent a townhouse simply because they don't have enough liquid cash to put as a down payment, or simply don't meet all the stringent criteria that big banks require to get approved for a mortgage. The prices of homes in the GTA are sky-high at the present time, and just seem to keep on rising. Those who are renting may be trying to save up enough money to purchase a home, but with the increase in prices and resulting increase in a down payment, this dream can seem like it's fizzling out.
If this sounds like you, thenSandstone Management Rent to Own Homesmay have the solution you need.
The Alternative to Renting
Sandstone Management has been in the business of connecting home buyer hopefuls to professionals in the real estate and mortgage financing industry for years. For those who don't currently qualify under the more stringent mortgage requirements, Sandstone Management's rent to own townhome Ontario program helps people in the Greater Toronto area become home owners sooner than they ever thought possible. All you need is a solid income, a small deposit, and a strong desire to be a home owner!
Their team of experts will sit down with you and explain all the details about how the process of rent to own homes works. They go through your finances to pre-qualify you and help you come determine the amount that you are comfortable paying every month in 'rent', and how expensive of a house you can realistically afford. They help you every step of the way - putting you in touch with professionals in the real estate industry to help you choose your dream home in your preferred area.
Once you're approved, feel free to decorate, remodel and furnish the place like it's yours! You make your lease payments each month with a portion going towards your down payment ‘savings'. At the end of the lease period, which usually expires after the 3 year mark, you will have a much more substantial down payment and improved credit from paying your lease payments on time. At this point, you would buy the home at the pre-agreed upon price – even if current market value is higher. You could be earning equity before you even buy the home!