Rent to Own is a great way to buy real estate in Kitchener. Not only do you save money, you put your rent to work for you instead of throwing it away. Real estate agents in Kitchener might tell you that rent to own isn't the way to go, but that's just because they don't make much commission.
Many owners of real estate in Kitchener are open to a rent to own arrangement. With it you can often move into your new home with little or no down payment. A portion of your rent to own payment will apply toward the purchase of your Kitchener real estate, and that's smart!
With a rent to own you lock in the price of any real estate in Kitchener that you choose to buy. The price could be locked in for 1 year up to 5 years but the most common is 2-3 years. Since real estate prices historically have been very stable or gradually rising in Kitchener for decades this is as good as buying the home outright.
No mortgage insurance is another great reason to rent to own some Kitchener real estate for yourself. The insurance adds up to thousands of dollars on the purchase of your home.
No land transfer tax. Since it's a rent to own and not a traditional sale the purchase of real estate in Kitchener will save you at least another $1,500.
No more landlords! Some would have you believe that buying Kitchener real estate by rent to own is no different than just renting. Nonsense! One of the main reasons why the owner of real estate in Kitchener would rent to own their home to you is because you will take care of it like it's already yours. They can take a hands-off approach and save themselves thousands of dollars in management fees.
Those are a few of the reasons why Kitchener Rent to Own Homes is a great choice for buying your next home!
Are you paying rent and looking forward to the day your family can own your own home? Why wait?
Take a moment to see how we can help you own a new rent to own Ontario home this week. We look forward to helping your family become home owners in one of the cities or towns of this beautiful province.
If you know what you need take a moment to look through our inventory of rent to own Ontario homes.
Take a moment to see how we can help you own a new rent to own Ontario home this week. We look forward to helping your family become home owners in one of the cities or towns of this beautiful province.
If you know what you need take a moment to look through our inventory of rent to own Ontario homes.