Rent To Own
Are you tired of renting and ready to own your own home? For many people, the dream of homeownership can feel out of reach due to high down payments, strict lending requirements, or other financial hurdles. But what if I told you that there's a way to make homeownership more accessible and affordable?
Bishop & Querel are excited to introduce a new Rent-to-Own program, which offers a unique path to homeownership for those who may not have the means to purchase a home outright. With our program, you can rent a home for a set period of time while building up your credit score and saving for a down payment. Then, when the lease is up, you have the option to purchase the property at a predetermined price, or walk away and cash out your savings.
Here are some of the benefits of our Rent-to-Own program:
- Minimal Down Payment Required: With this program, you can apply with as little as 2% downpayment of the purchase price.
- Affordable Monthly Payments: Our program offers competitive rental rates, which can be lower than mortgage payments in some cases.
- Build Equity: Unlike traditional renting, a portion of your monthly rent payments go towards building equity in the home.
- Improve Credit Score: By consistently making on-time payments, you can improve your credit score and increase your chances of qualifying for a mortgage.
This Rent-to-Own program can be a great option for first-time homebuyers, those New to Canada, individuals with less-than-perfect credit, or anyone who wants to take a more gradual approach to homeownership.
If you're interested in learning more about our Rent-to-Own program, please don't hesitate to contact us. We would be happy to answer any questions you may have and help you take the first step towards owning your own home.
Please note, all information is kept confidential, we will never sell or distribute or share your e-mail address.
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